Penserra Capital Management LLC raised its holdings in MFA FINL INC/SH (NYSE:MFA) by 44.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,156 shares of the real estate investment trust’s stock after acquiring an additional 4,972 shares during the period. Penserra Capital Management LLC’s holdings in MFA FINL INC/SH were worth $118,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Nuveen Asset Management LLC grew its holdings in shares of MFA FINL INC/SH by 1,281.8% during the second quarter. Nuveen Asset Management LLC now owns 2,507,162 shares of the real estate investment trust’s stock worth $18,002,000 after purchasing an additional 2,325,725 shares in the last quarter. LSV Asset Management lifted its holdings in shares of MFA FINL INC/SH by 19.9% during the 2nd quarter. LSV Asset Management now owns 7,499,843 shares of the real estate investment trust’s stock worth $53,848,000 after acquiring an additional 1,242,900 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of MFA FINL INC/SH by 13.9% during the 2nd quarter. Wells Fargo & Company MN now owns 8,219,606 shares of the real estate investment trust’s stock worth $59,016,000 after acquiring an additional 1,005,961 shares during the last quarter. Wasatch Advisors Inc. grew its position in MFA FINL INC/SH by 47.9% in the second quarter. Wasatch Advisors Inc. now owns 3,071,514 shares of the real estate investment trust’s stock worth $22,053,000 after acquiring an additional 994,537 shares in the last quarter. Finally, First Trust Advisors LP grew its position in MFA FINL INC/SH by 42.4% in the third quarter. First Trust Advisors LP now owns 3,003,949 shares of the real estate investment trust’s stock worth $22,109,000 after acquiring an additional 894,243 shares in the last quarter. 79.39% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MFA FINL INC/SH stock opened at $7.64 on Tuesday. MFA FINL INC/SH has a 52-week low of $6.40 and a 52-week high of $7.75. The company has a fifty day moving average of $7.62 and a 200-day moving average of $7.35. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 10.94 and a beta of 0.51.

MFA FINL INC/SH (NYSE:MFA) last posted its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $56.90 million during the quarter, compared to the consensus estimate of $66.90 million. MFA FINL INC/SH had a net margin of 60.28% and a return on equity of 9.68%. During the same period in the previous year, the firm posted $0.19 earnings per share. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts predict that MFA FINL INC/SH will post 0.77 earnings per share for the current year.

In other news, VP Bryan Wulfsohn sold 67,700 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $7.71, for a total transaction of $521,967.00. Following the transaction, the vice president now directly owns 139,849 shares of the company’s stock, valued at $1,078,235.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.73% of the stock is currently owned by company insiders.

MFA has been the topic of a number of research reports. Royal Bank of Canada began coverage on MFA FINL INC/SH in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $8.00 price target on the stock. Zacks Investment Research upgraded MFA FINL INC/SH from a “hold” rating to a “buy” rating and set a $8.75 price objective for the company in a report on Tuesday, November 12th. ValuEngine upgraded MFA FINL INC/SH from a “sell” rating to a “hold” rating in a research report on Tuesday, October 29th. Finally, Wedbush started coverage on MFA FINL INC/SH in a research report on Wednesday, October 9th. They issued an “outperform” rating and a $8.25 target price for the company. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $8.10.

MFA FINL INC/SH Company Profile

MFA Financial, Inc, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.

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Institutional Ownership by Quarter for MFA FINL INC/SH (NYSE:MFA)

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