Global Retirement Partners LLC Reduces Position in MFA Financial, Inc. (NYSE:MFA)

Global Retirement Partners LLC decreased its holdings in shares of MFA Financial, Inc. (NYSE:MFA - Free Report) by 71.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,092 shares of the real estate investment trust's stock after selling 49,926 shares during the period. Global Retirement Partners LLC's holdings in MFA Financial were worth $205,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MFA. Vaughan Nelson Investment Management L.P. increased its stake in shares of MFA Financial by 35.4% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 4,583,087 shares of the real estate investment trust's stock valued at $58,297,000 after purchasing an additional 1,197,220 shares in the last quarter. Barclays PLC increased its stake in shares of MFA Financial by 902.9% during the third quarter. Barclays PLC now owns 374,481 shares of the real estate investment trust's stock valued at $4,764,000 after purchasing an additional 337,142 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of MFA Financial by 38.7% during the third quarter. Natixis Advisors LLC now owns 898,212 shares of the real estate investment trust's stock valued at $11,425,000 after purchasing an additional 250,535 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of MFA Financial during the third quarter valued at approximately $2,509,000. Finally, Van ECK Associates Corp increased its stake in shares of MFA Financial by 20.3% during the fourth quarter. Van ECK Associates Corp now owns 919,603 shares of the real estate investment trust's stock valued at $9,371,000 after purchasing an additional 155,210 shares in the last quarter. Institutional investors own 65.28% of the company's stock.

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MFA Financial Trading Up 0.6 %

MFA stock traded up $0.07 on Friday, hitting $10.65. The company had a trading volume of 2,057,952 shares, compared to its average volume of 792,920. MFA Financial, Inc. has a 12-month low of $9.36 and a 12-month high of $13.45. The stock's 50-day simple moving average is $10.33 and its 200 day simple moving average is $11.35. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 13.14 and a beta of 2.11.

MFA Financial (NYSE:MFA - Get Free Report) last issued its 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). MFA Financial had a return on equity of 9.61% and a net margin of 16.47%. The company had revenue of $50.80 million during the quarter, compared to analysts' expectations of $58.06 million. Research analysts forecast that MFA Financial, Inc. will post 1.5 earnings per share for the current year.

MFA Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 13.15%. The ex-dividend date was Tuesday, December 31st. MFA Financial's dividend payout ratio is currently 172.84%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Wedbush reaffirmed an "outperform" rating and set a $15.00 target price on shares of MFA Financial in a research note on Thursday, November 7th. Keefe, Bruyette & Woods cut their price target on shares of MFA Financial from $13.50 to $12.50 and set an "outperform" rating on the stock in a report on Thursday, February 20th. StockNews.com cut shares of MFA Financial from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. Janney Montgomery Scott assumed coverage on shares of MFA Financial in a report on Thursday, January 2nd. They set a "buy" rating and a $14.00 price target on the stock. Finally, JMP Securities cut their price target on shares of MFA Financial from $13.50 to $12.50 and set a "market outperform" rating on the stock in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.70.

About MFA Financial

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.