MFA Financial, Inc. (NYSE:MFA) Holdings Trimmed by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lowered its position in shares of MFA Financial, Inc. (NYSE:MFAFree Report) by 38.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,389 shares of the real estate investment trust’s stock after selling 15,407 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in MFA Financial were worth $234,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MFA. MetLife Investment Management LLC boosted its position in shares of MFA Financial by 2.0% in the 2nd quarter. MetLife Investment Management LLC now owns 53,338 shares of the real estate investment trust’s stock valued at $600,000 after purchasing an additional 1,065 shares during the period. ProShare Advisors LLC boosted its position in shares of MFA Financial by 10.2% in the 2nd quarter. ProShare Advisors LLC now owns 13,313 shares of the real estate investment trust’s stock valued at $150,000 after purchasing an additional 1,232 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of MFA Financial by 8.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 18,227 shares of the real estate investment trust’s stock valued at $175,000 after purchasing an additional 1,456 shares during the period. Catalyst Capital Advisors LLC boosted its position in shares of MFA Financial by 20.3% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 9,759 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 1,650 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of MFA Financial by 2.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 64,525 shares of the real estate investment trust’s stock valued at $641,000 after purchasing an additional 1,794 shares during the period. Institutional investors own 57.82% of the company’s stock.

MFA Financial Price Performance

MFA opened at $11.42 on Wednesday. MFA Financial, Inc. has a fifty-two week low of $8.41 and a fifty-two week high of $12.38. The business has a 50-day moving average of $11.28 and a 200-day moving average of $10.58. The company has a market capitalization of $1.16 billion, a PE ratio of -30.04 and a beta of 2.10.

MFA Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 12.26%. The ex-dividend date is Thursday, December 28th. MFA Financial’s dividend payout ratio (DPR) is presently -368.41%.

Wall Street Analysts Forecast Growth

MFA has been the subject of a number of recent analyst reports. Raymond James decreased their price target on MFA Financial from $13.00 to $12.50 and set an “outperform” rating for the company in a research report on Tuesday, November 21st. JMP Securities reduced their price objective on MFA Financial from $14.00 to $12.50 and set a “market outperform” rating for the company in a research note on Thursday, October 19th. Keefe, Bruyette & Woods raised MFA Financial from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $11.25 to $12.00 in a research note on Wednesday, December 13th. StockNews.com started coverage on MFA Financial in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Finally, UBS Group started coverage on MFA Financial in a research note on Wednesday, December 6th. They issued a “neutral” rating and a $12.00 price objective for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, MFA Financial presently has an average rating of “Moderate Buy” and an average price target of $12.08.

View Our Latest Research Report on MFA

MFA Financial Profile

(Free Report)

MFA Financial, Inc, together with its subsidiaries, operates as a real estate investment trust in the United States. The company invests in residential mortgage assets, 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.

Further Reading

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

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