Thompson Siegel & Walmsley LLC Sells 160,525 Shares of MFA Financial, Inc. (MFA)
Thompson Siegel & Walmsley LLC lessened its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,676,505 shares of the real estate investment trust’s stock after selling 160,525 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.93% of MFA Financial worth $32,206,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Public Employees Retirement Association of Colorado boosted its position in MFA Financial by 5.8% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 12,407 shares of the real estate investment trust’s stock valued at $104,000 after acquiring an additional 678 shares in the last quarter. Benchmark Capital Advisors boosted its position in MFA Financial by 0.4% during the 2nd quarter. Benchmark Capital Advisors now owns 248,722 shares of the real estate investment trust’s stock valued at $2,087,000 after acquiring an additional 900 shares in the last quarter. World Asset Management Inc boosted its position in MFA Financial by 7.9% during the 2nd quarter. World Asset Management Inc now owns 14,304 shares of the real estate investment trust’s stock valued at $120,000 after acquiring an additional 1,049 shares in the last quarter. Pacad Investment Ltd. boosted its position in MFA Financial by 1.4% during the 2nd quarter. Pacad Investment Ltd. now owns 78,300 shares of the real estate investment trust’s stock valued at $657,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in MFA Financial by 10.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,899 shares of the real estate investment trust’s stock valued at $133,000 after acquiring an additional 1,563 shares in the last quarter. 80.62% of the stock is currently owned by institutional investors and hedge funds.
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In other MFA Financial news, insider Ronald A. Freydberg acquired 20,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was purchased at an average price of $7.78 per share, for a total transaction of $155,600.00. Following the acquisition, the insider now owns 579,714 shares in the company, valued at approximately $4,510,174.92. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.92% of the company’s stock.
Shares of MFA Financial, Inc. (NYSE:MFA) traded up $0.09 on Tuesday, hitting $8.09. The stock had a trading volume of 2,045,300 shares, compared to its average volume of 2,182,153. MFA Financial, Inc. has a 12-month low of $7.53 and a 12-month high of $8.90. The stock has a market cap of $3,240.00, a price-to-earnings ratio of 10.96 and a beta of 0.68.
MFA Financial (NYSE:MFA) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.03). MFA Financial had a net margin of 59.03% and a return on equity of 9.33%. The business had revenue of $55.86 million for the quarter, compared to analysts’ expectations of $71.13 million. During the same quarter in the prior year, the company posted $0.21 EPS. The business’s revenue for the quarter was down 13.5% on a year-over-year basis. equities research analysts forecast that MFA Financial, Inc. will post 0.77 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Thursday, September 28th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 27th. This represents a $0.80 annualized dividend and a dividend yield of 9.89%. MFA Financial’s dividend payout ratio is presently 109.59%.
MFA has been the topic of several recent research reports. JMP Securities cut MFA Financial from an “outperform” rating to a “market perform” rating in a research report on Friday, October 20th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $9.00 target price on shares of MFA Financial in a research report on Tuesday, November 7th. BidaskClub raised MFA Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Zacks Investment Research raised MFA Financial from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Wednesday, October 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $8.50 target price on shares of MFA Financial in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. MFA Financial has an average rating of “Hold” and an average target price of $9.08.
MFA Financial 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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