Ieq Capital LLC Invests $41,000 in MFA Financial, Inc. (NYSE:MFA)

Ieq Capital LLC bought a new position in MFA Financial, Inc. (NYSE:MFA) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,000 shares of the real estate investment trust’s stock, valued at approximately $41,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. boosted its position in shares of MFA Financial by 14.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 20,826 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 2,661 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of MFA Financial by 9.8% during the fourth quarter. Public Employees Retirement System of Ohio now owns 35,292 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 3,136 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of MFA Financial by 2.5% during the fourth quarter. HighTower Advisors LLC now owns 188,298 shares of the real estate investment trust’s stock valued at $733,000 after buying an additional 4,545 shares during the last quarter. New York State Common Retirement Fund boosted its position in shares of MFA Financial by 1.5% during the fourth quarter. New York State Common Retirement Fund now owns 387,700 shares of the real estate investment trust’s stock valued at $1,508,000 after buying an additional 5,800 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of MFA Financial by 3.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 271,051 shares of the real estate investment trust’s stock valued at $1,054,000 after buying an additional 9,607 shares during the last quarter. 49.35% of the stock is currently owned by institutional investors.

MFA stock opened at $4.38 on Monday. MFA Financial, Inc. has a fifty-two week low of $1.49 and a fifty-two week high of $4.46. The business’s 50-day moving average is $4.25 and its two-hundred day moving average is $3.90. The company has a market cap of $1.93 billion, a price-to-earnings ratio of -3.02 and a beta of 1.65.

MFA Financial (NYSE:MFA) last posted its quarterly earnings data on Thursday, May 6th. The real estate investment trust reported $0.17 EPS for the quarter, topping the consensus estimate of $0.08 by $0.09. MFA Financial had a positive return on equity of 11.32% and a negative net margin of 118.04%. On average, sell-side analysts anticipate that MFA Financial, Inc. will post -0.24 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 30th. Stockholders of record on Wednesday, March 31st were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 6.85%. The ex-dividend date was Tuesday, March 30th. MFA Financial’s dividend payout ratio (DPR) is currently 38.96%.

MFA has been the topic of several recent analyst reports. Keefe, Bruyette & Woods raised MFA Financial from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 13th. Zacks Investment Research raised MFA Financial from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a report on Saturday, May 8th. Finally, JMP Securities increased their target price on MFA Financial from $4.25 to $4.75 and gave the company an “outperform” rating in a report on Friday, April 16th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $4.25.

MFA Financial 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, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets.

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Institutional Ownership by Quarter for MFA Financial (NYSE:MFA)

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