Joel Isaacson & Co. LLC continued to hold its stake in MFA Financial, Inc. (NYSE:MFA) during the second quarter, Holdings Channel reports. The institutional investor owned 39,800 shares of the real estate investment trust’s stock at the end of the second quarter. Joel Isaacson & Co. LLC’s holdings in MFA Financial were worth $334,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MFA. Public Employees Retirement Association of Colorado raised its stake in MFA Financial by 5.8% in the second quarter. Public Employees Retirement Association of Colorado now owns 12,407 shares of the real estate investment trust’s stock worth $104,000 after buying an additional 678 shares during the period. Chicago Equity Partners LLC acquired a new stake in MFA Financial during the first quarter worth about $105,000. World Asset Management Inc raised its stake in MFA Financial by 0.7% in the first quarter. World Asset Management Inc now owns 13,255 shares of the real estate investment trust’s stock worth $107,000 after buying an additional 90 shares during the period. Koch Industries Inc. acquired a new stake in MFA Financial during the first quarter worth about $109,000. Finally, Meadow Creek Investment Management LLC raised its stake in MFA Financial by 10.3% in the first quarter. Meadow Creek Investment Management LLC now owns 13,552 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 1,260 shares during the period. Institutional investors own 78.89% of the company’s stock.

Shares of MFA Financial, Inc. (NYSE:MFA) opened at 8.83 on Thursday. MFA Financial, Inc. has a one year low of $7.03 and a one year high of $8.84. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 11.22 and a beta of 0.72. The stock has a 50 day moving average of $8.55 and a 200-day moving average of $8.24.

MFA Financial (NYSE:MFA) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. MFA Financial had a net margin of 61.94% and a return on equity of 10.12%. The company had revenue of $61.14 million during the quarter, compared to the consensus estimate of $68.91 million. During the same period in the previous year, the firm earned $0.20 earnings per share. MFA Financial’s revenue for the quarter was down 8.5% on a year-over-year basis. On average, equities analysts anticipate that MFA Financial, Inc. will post $0.77 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Thursday, June 29th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $0.80 annualized dividend and a yield of 9.06%. MFA Financial’s dividend payout ratio is currently 102.56%.

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A number of equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $8.50 target price on shares of MFA Financial in a report on Friday, August 4th. Royal Bank Of Canada reiterated a “buy” rating and set a $9.00 target price on shares of MFA Financial in a report on Friday, August 4th. Zacks Investment Research lowered shares of MFA Financial from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BidaskClub upgraded shares of MFA Financial from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. Finally, Wells Fargo & Company upgraded shares of MFA Financial from an “underperform” rating to a “market perform” rating in a report on Monday, May 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $8.29.

MFA Financial Company Profile

MFA Financial, Inc is engaged in the real estate finance business. The Company’s subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company’s Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities.

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

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