Cwm LLC Grows Stake in MFA Financial, Inc. $MFA

Cwm LLC grew its holdings in MFA Financial, Inc. (NYSE:MFA) by 3,524.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 96,772 shares of the real estate investment trust’s stock after buying an additional 94,102 shares during the quarter. Cwm LLC owned approximately 0.09% of MFA Financial worth $915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MFA. Vanguard Group Inc. lifted its stake in shares of MFA Financial by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 10,182,250 shares of the real estate investment trust’s stock valued at $104,470,000 after purchasing an additional 70,847 shares during the period. Invesco Ltd. lifted its stake in shares of MFA Financial by 23.3% in the 1st quarter. Invesco Ltd. now owns 1,508,456 shares of the real estate investment trust’s stock valued at $15,477,000 after purchasing an additional 285,344 shares during the period. Natixis Advisors LLC lifted its stake in shares of MFA Financial by 15.7% in the 1st quarter. Natixis Advisors LLC now owns 1,085,679 shares of the real estate investment trust’s stock valued at $11,139,000 after purchasing an additional 147,498 shares during the period. Allianz Asset Management GmbH lifted its stake in shares of MFA Financial by 17.8% in the 1st quarter. Allianz Asset Management GmbH now owns 830,830 shares of the real estate investment trust’s stock valued at $8,524,000 after purchasing an additional 125,328 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of MFA Financial by 16.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 691,408 shares of the real estate investment trust’s stock valued at $7,094,000 after purchasing an additional 96,365 shares during the period. Hedge funds and other institutional investors own 65.28% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on MFA shares. Jones Trading restated a “hold” rating on shares of MFA Financial in a research note on Monday, August 11th. Keefe, Bruyette & Woods lowered MFA Financial from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $12.00 to $10.00 in a research report on Thursday, July 10th. Weiss Ratings lowered MFA Financial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 8th. JMP Securities reduced their price objective on MFA Financial from $12.00 to $11.00 and set a “market outperform” rating for the company in a research report on Thursday, July 17th. Finally, UBS Group reaffirmed a “buy” rating on shares of MFA Financial in a research report on Wednesday, September 3rd. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, MFA Financial currently has an average rating of “Hold” and a consensus price target of $11.75.

MFA Financial Trading Down 1.3%

MFA Financial stock opened at $9.06 on Wednesday. The firm has a market cap of $930.19 million, a price-to-earnings ratio of 10.41 and a beta of 1.70. The stock has a fifty day simple moving average of $9.68 and a two-hundred day simple moving average of $9.49. MFA Financial, Inc. has a 12 month low of $7.85 and a 12 month high of $12.75.

MFA Financial (NYSE:MFA) last posted its earnings results on Wednesday, August 6th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $61.28 million during the quarter, compared to the consensus estimate of $59.50 million. MFA Financial had a return on equity of 8.61% and a net margin of 17.62%.During the same period in the previous year, the business posted $0.32 EPS. On average, equities research analysts forecast that MFA Financial, Inc. will post 1.5 EPS for the current fiscal year.

MFA Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 15.9%. MFA Financial’s dividend payout ratio (DPR) is presently 165.52%.

MFA Financial Company Profile

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.