Corient Private Wealth LLC Has $1.02 Million Stock Holdings in MFA Financial, Inc. (NYSE:MFA)

Corient Private Wealth LLC grew its position in MFA Financial, Inc. (NYSE:MFA - Free Report) by 96.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 100,487 shares of the real estate investment trust's stock after purchasing an additional 49,407 shares during the period. Corient Private Wealth LLC owned about 0.10% of MFA Financial worth $1,024,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Quest Partners LLC bought a new position in MFA Financial in the 3rd quarter valued at $189,000. Intech Investment Management LLC acquired a new stake in shares of MFA Financial in the third quarter valued at $329,000. Charles Schwab Investment Management Inc. raised its holdings in shares of MFA Financial by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,835,409 shares of the real estate investment trust's stock valued at $23,346,000 after buying an additional 12,071 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of MFA Financial by 22.9% in the third quarter. Penserra Capital Management LLC now owns 91,469 shares of the real estate investment trust's stock valued at $1,163,000 after buying an additional 17,050 shares during the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new position in MFA Financial during the 3rd quarter worth about $25,000. Institutional investors own 65.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on MFA shares. StockNews.com downgraded shares of MFA Financial from a "buy" rating to a "hold" rating in a research note on Friday. Janney Montgomery Scott started coverage on MFA Financial in a report on Thursday, January 2nd. They set a "buy" rating and a $14.00 price objective on the stock. Keefe, Bruyette & Woods decreased their price objective on MFA Financial from $13.50 to $12.50 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Finally, JMP Securities dropped their target price 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $13.70.

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MFA Financial Stock Performance

MFA traded down $0.16 during trading on Friday, reaching $10.59. 1,342,822 shares of the company's stock were exchanged, compared to its average volume of 842,663. The company's fifty day moving average price is $10.58 and its 200-day moving average price is $11.15. The firm has a market capitalization of $1.09 billion, a PE ratio of 13.07 and a beta of 2.18. MFA Financial, Inc. has a fifty-two week low of $9.36 and a fifty-two week high of $13.45.

MFA Financial (NYSE:MFA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.02). The company had revenue of $50.80 million during the quarter, compared to the consensus estimate of $58.06 million. MFA Financial had a return on equity of 9.61% and a net margin of 16.47%. Research analysts forecast that MFA Financial, Inc. will post 1.5 earnings per share for the current fiscal year.

MFA Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from MFA Financial's previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 13.60%. MFA Financial's dividend payout ratio is 177.78%.

MFA Financial Profile

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.