Allworth Financial LP Has $63,000 Position in MFA Financial, Inc. (NYSE:MFA)

Allworth Financial LP lowered its holdings in shares of MFA Financial, Inc. (NYSE:MFA) by 36.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,604 shares of the real estate investment trust’s stock after selling 3,221 shares during the quarter. Allworth Financial LP’s holdings in MFA Financial were worth $63,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Renaissance Technologies LLC raised its position in MFA Financial by 356.0% in the 1st quarter. Renaissance Technologies LLC now owns 2,722,041 shares of the real estate investment trust’s stock valued at $10,970,000 after buying an additional 2,125,041 shares during the last quarter. First Trust Advisors LP grew its stake in MFA Financial by 113.6% in the first quarter. First Trust Advisors LP now owns 2,127,278 shares of the real estate investment trust’s stock valued at $8,573,000 after purchasing an additional 1,131,300 shares in the last quarter. Balyasny Asset Management LLC grew its stake in MFA Financial by 108.1% in the third quarter. Balyasny Asset Management LLC now owns 2,026,382 shares of the real estate investment trust’s stock valued at $15,765,000 after purchasing an additional 1,052,573 shares in the last quarter. Norges Bank bought a new position in MFA Financial in the fourth quarter valued at approximately $9,122,000. Finally, State Street Corp grew its stake in MFA Financial by 9.0% in the first quarter. State Street Corp now owns 10,109,396 shares of the real estate investment trust’s stock valued at $41,770,000 after purchasing an additional 835,717 shares in the last quarter. Institutional investors and hedge funds own 65.28% of the company’s stock.

MFA Financial Stock Down 1.1 %

MFA stock opened at $10.72 on Friday. The business has a 50 day moving average price of $11.09 and a two-hundred day moving average price of $10.67. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 26.80 and a beta of 2.10. MFA Financial, Inc. has a twelve month low of $8.41 and a twelve month high of $11.90.

MFA Financial (NYSE:MFA) last posted its quarterly earnings results on Thursday, February 22nd. The real estate investment trust reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.12. The firm had revenue of $169.88 million during the quarter, compared to the consensus estimate of $43.75 million. MFA Financial had a return on equity of 9.44% and a net margin of 13.24%. During the same period last year, the company earned $0.46 earnings per share. On average, equities research analysts anticipate that MFA Financial, Inc. will post 1.47 EPS for the current fiscal year.

MFA Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.40 annualized dividend and a dividend yield of 13.06%. MFA Financial’s dividend payout ratio is currently 350.00%.

About MFA Financial

MFA Financial, Inc, together with its subsidiaries, operates as a real estate investment trust in the United States. It invests in residential mortgage securities, including non-agency mortgage-backed securities, 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.