Prudential Financial Inc. cut its stake in MFA FINL INC/SH (NYSE:MFA) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 835,309 shares of the real estate investment trust’s stock after selling 29,688 shares during the quarter. Prudential Financial Inc. owned about 0.19% of MFA FINL INC/SH worth $5,998,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC grew its stake in shares of MFA FINL INC/SH by 72.2% during the second quarter. Capital Investment Advisory Services LLC now owns 3,745 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 1,570 shares in the last quarter. Penserra Capital Management LLC acquired a new position in MFA FINL INC/SH in the first quarter valued at approximately $63,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in MFA FINL INC/SH in the second quarter valued at approximately $72,000. Claraphi Advisory Network LLC acquired a new position in MFA FINL INC/SH in the second quarter valued at approximately $80,000. Finally, Synovus Financial Corp boosted its stake in MFA FINL INC/SH by 30.3% in the first quarter. Synovus Financial Corp now owns 11,108 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 2,581 shares during the period. 80.11% of the stock is currently owned by institutional investors.

MFA FINL INC/SH stock traded down $0.02 during mid-day trading on Thursday, hitting $7.37. The company’s stock had a trading volume of 39,527 shares, compared to its average volume of 2,223,062. The stock has a market capitalization of $3.33 billion, a P/E ratio of 10.82 and a beta of 0.53. MFA FINL INC/SH has a twelve month low of $6.40 and a twelve month high of $7.76. The stock’s fifty day moving average price is $7.24 and its two-hundred day moving average price is $7.27.

MFA FINL INC/SH (NYSE:MFA) last posted its quarterly earnings results on Wednesday, August 7th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.02. MFA FINL INC/SH had a net margin of 61.54% and a return on equity of 9.39%. The firm had revenue of $59.89 million for the quarter, compared to analyst estimates of $67.90 million. During the same quarter in the previous year, the business posted $0.17 earnings per share. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. As a group, analysts anticipate that MFA FINL INC/SH will post 0.76 earnings per share for the current year.

A number of research firms have recently weighed in on MFA. Keefe, Bruyette & Woods raised MFA FINL INC/SH from a “market perform” rating to an “outperform” rating and set a $8.00 price target on the stock in a report on Thursday, May 16th. Zacks Investment Research upgraded shares of MFA FINL INC/SH from a “sell” rating to a “hold” rating in a research report on Friday, August 9th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. MFA FINL INC/SH presently has an average rating of “Hold” and a consensus price target of $7.83.

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.

Featured Article: 12b-1 Fees

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

Receive News & Ratings for MFA FINL INC/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFA FINL INC/SH and related companies with MarketBeat.com's FREE daily email newsletter.