Los Angeles Capital Management & Equity Research Inc. lifted its stake in shares of MFA FINL INC/SH (NYSE:MFA) by 37.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 641,035 shares of the real estate investment trust’s stock after purchasing an additional 173,795 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned about 0.16% of MFA FINL INC/SH worth $4,712,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MFA. Renaissance Technologies LLC grew its stake in MFA FINL INC/SH by 26.4% during the 2nd quarter. Renaissance Technologies LLC now owns 6,918,754 shares of the real estate investment trust’s stock valued at $52,444,000 after acquiring an additional 1,445,454 shares in the last quarter. SG Americas Securities LLC grew its stake in MFA FINL INC/SH by 59.4% during the 2nd quarter. SG Americas Securities LLC now owns 56,418 shares of the real estate investment trust’s stock valued at $428,000 after acquiring an additional 21,015 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in MFA FINL INC/SH by 9.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 2,870,925 shares of the real estate investment trust’s stock valued at $21,762,000 after acquiring an additional 256,994 shares in the last quarter. Morgan Stanley grew its stake in shares of MFA FINL INC/SH by 5.3% in the 2nd quarter. Morgan Stanley now owns 11,789,316 shares of the real estate investment trust’s stock valued at $89,363,000 after buying an additional 591,649 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of MFA FINL INC/SH by 27.4% in the 3rd quarter. Wells Fargo & Company MN now owns 6,615,718 shares of the real estate investment trust’s stock valued at $48,625,000 after buying an additional 1,421,824 shares in the last quarter. Institutional investors and hedge funds own 80.60% of the company’s stock.

Shares of MFA stock traded down $0.01 during trading hours on Friday, reaching $7.16. 3,565,179 shares of the company’s stock were exchanged, compared to its average volume of 2,041,349. MFA FINL INC/SH has a fifty-two week low of $6.72 and a fifty-two week high of $8.29. The firm has a market cap of $3.22 billion, a PE ratio of 9.06 and a beta of 0.41.

MFA FINL INC/SH (NYSE:MFA) last issued its quarterly earnings results on Tuesday, November 6th. The real estate investment trust reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. MFA FINL INC/SH had a return on equity of 10.31% and a net margin of 80.58%. The company had revenue of $58.55 million during the quarter, compared to analyst estimates of $56.00 million. During the same period in the previous year, the company earned $0.15 earnings per share. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, equities analysts expect that MFA FINL INC/SH will post 0.73 EPS for the current fiscal year.

Several brokerages recently commented on MFA. Zacks Investment Research cut MFA FINL INC/SH from a “hold” rating to a “sell” rating in a research note on Friday, October 26th. ValuEngine raised MFA FINL INC/SH from a “sell” rating to a “hold” rating in a research note on Saturday, November 10th. Finally, Raymond James began coverage on MFA FINL INC/SH in a report on Thursday, October 11th. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $8.25.

In other MFA FINL INC/SH news, Director Robin Josephs purchased 14,000 shares of the business’s stock in a transaction dated Thursday, November 8th. The stock was bought at an average cost of $7.10 per share, for a total transaction of $99,400.00. Following the completion of the acquisition, the director now directly owns 107,991 shares in the company, valued at $766,736.10. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.68% of the stock is owned by insiders.

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MFA FINL INC/SH 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, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.

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Institutional Ownership by Quarter for MFA FINL INC/SH (NYSE:MFA)

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