Todays Report: Today, First Trust Advisors LP Reached $22,305,000 position of MFA Financial Inc. (MFA)

Today, First Trust Advisors LP Reached $22,305,000 position  of MFA Financial Inc. (MFA)

First Trust Advisors LP boosted its stake in shares of MFA Financial Inc. (NYSE:MFA ) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,981,992 shares of the company’s stock after buying an additional 92,292 shares during the period. First Trust Advisors LP owned about 0.80% of MFA Financial worth $22,305,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in MFA Financial by 3.3% in the second quarter. Vanguard Group Inc. now owns 26,206,949 shares of the company’s stock worth $190,525,000 after buying an additional 840,708 shares in the last quarter. BlackRock Fund Advisors increased its stake in MFA Financial by 20.6% in the second quarter. BlackRock Fund Advisors now owns 12,414,534 shares of the company’s stock worth $90,254,000 after buying an additional 2,122,930 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in MFA Financial by 2.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 8,776,746 shares of the company’s stock worth $63,807,000 after buying an additional 199,312 shares in the last quarter. State Street Corp increased its stake in MFA Financial by 0.6% in the first quarter. State Street Corp now owns 6,160,701 shares of the company’s stock worth $42,201,000 after buying an additional 36,873 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its position in shares of MFA Financial by 6.8% in the second quarter. Thompson Siegel & Walmsley LLC now owns 5,736,088 shares of the company’s stock worth $41,701,000 after buying an additional 367,591 shares during the last quarter. 84.68% of the stock is currently owned by institutional investors and hedge funds.

Shares of MFA Financial Inc. (NYSE:MFA ) traded down 0.90% during trading on Thursday, reaching $7.74. 1,608,721 shares of the company traded hands. The firm has a market capitalization of $2.87 billion, a PE ratio of 9.72 and a beta of 0.62. The firm has a 50-day moving average price of $7.35 and a 200-day moving average price of $7.40. MFA Financial Inc. has a 12 month low of $5.61 and a 12 month high of $7.86.

MFA Financial (NYSE:MFA ) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.02. MFA Financial had a net margin of 65.46% and a return on equity of 10.62%. During the same quarter last year, the business posted $0.20 earnings per share. Equities research analysts anticipate that MFA Financial Inc. will post $0.79 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 31st. Stockholders of record on Wednesday, September 28th were given a dividend of $0.20 per share. The ex-dividend date was Monday, September 26th. This represents a $0.80 annualized dividend and a dividend yield of 10.34%. MFA Financial’s dividend payout ratio (DPR) is 101.27%.

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. restated a “buy” rating and set a $8.00 target price on shares of MFA Financial in a research report on Friday, November 4th. Zacks Investment Research upgraded shares of MFA Financial from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Tuesday, September 20th. Credit Suisse Group AG restated a “hold” rating and set a $7.50 target price on shares of MFA Financial in a research report on Sunday, September 11th. FBR & Co cut shares of MFA Financial from an “outperform” rating to a “market perform” rating and set a $7.50 target price for the company. in a research report on Tuesday, September 6th. Finally, Deutsche Bank AG set a $7.50 price objective on shares of MFA Financial and gave the company a “hold” rating in a research report on Tuesday, August 9th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $7.67.

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