6 days Ago By Defense World Staff
Alliancebernstein L.P. boosted its stake in MFA Financial, Inc.
(NYSE:MFA – Free Report) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 355,795 shares of the real estate investment trust’s stock after purchasing an additional 59,850 shares during the period.
Alliancebernstein L.P. owned about 0.
35% of MFA Financial worth $3,626,000 at the end of the most recent quarter. Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of MFA Financial by 74.
9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 157,481 shares of the real estate investment trust’s stock valued at $2,003,000 after buying an additional 67,449 shares during the period. State Street Corp grew its holdings in MFA Financial by 6.
2% during the 3rd quarter. State Street Corp now owns 2,579,818 shares of the real estate investment trust’s stock worth $33,700,000 after acquiring an additional 151,321 shares during the last quarter. Barclays PLC increased its position in MFA Financial by 902.
9% in the 3rd quarter. Barclays PLC now owns 374,481 shares of the real estate investment trust’s stock valued at $4,764,000 after acquiring an additional 337,142 shares during the period. Geode Capital Management LLC raised its stake in shares of MFA Financial by 0.
9% during the third quarter. Geode Capital Management LLC now owns 2,407,455 shares of the real estate investment trust’s stock valued at $30,629,000 after acquiring an additional 21,331 shares during the last quarter. Finally, Franklin Resources Inc.
lifted its holdings in shares of MFA Financial by 6.7% during the third quarter. Franklin Resources Inc.
now owns 448,989 shares of the real estate investment trust’s stock worth $5,572,000 after purchasing an additional 28,382 shares during the period. Institutional investors and hedge funds own 65.28% of the company’s stock.
MFA Financial Price PerformanceMFA Financial stock opened at $8.63 on Tuesday. The firm has a market capitalization of $884.
78 million, a P/E ratio of 10.65 and a beta of 1.61.
MFA Financial, Inc. has a one year low of $7.85 and a one year high of $13.
45. The business has a fifty day moving average price of $10.30 and a 200-day moving average price of $10.
83. MFA Financial (NYSE:MFA – Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.
38 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.02).
MFA Financial had a net margin of 16.47% and a return on equity of 9.61%.
The business had revenue of $50.80 million during the quarter, compared to analysts’ expectations of $58.06 million.
Sell-side analysts expect that MFA Financial, Inc. will post 1.5 earnings per share for the current fiscal year.
MFA Financial Increases DividendThe firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.36 per share.
The ex-dividend date is Monday, March 31st. This is an increase from MFA Financial’s previous quarterly dividend of $0.35.
This represents a $1.44 annualized dividend and a dividend yield of 16.69%.
MFA Financial’s dividend payout ratio (DPR) is 177.78%. Wall Street Analyst Weigh InSeveral research analysts recently issued reports on the company.
StockNews.com lowered MFA Financial from a “buy” rating to a “hold” rating in a research report on Friday, March 28th. JMP Securities lowered their price objective on MFA Financial from $13.
50 to $12.50 and set a “market outperform” rating for the company in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods reduced their target price on MFA Financial from $13.
50 to $12.50 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Finally, Janney Montgomery Scott initiated coverage on shares of MFA Financial in a report on Thursday, January 2nd.
They set a “buy” rating and a $14.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock.
Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.70.Check Out Our Latest Analysis on MFAMFA Financial Company Profile (Free Report)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.Featured StoriesFive stocks we like better than MFA FinancialHow to find penny stocks to invest and trade Why NVIDIA Stock Could Soar Despite Wall Street DowngradesWhat is a Dividend Harvesting Strategy and How Can Investors Profit from it?Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldWant to Profit on the Downtrend? Downtrends, Explained.3 Hot New IPOs Defying the 2025 Market Slump.
