Swiss National Bank lifted its holdings in shares of MFA Financial, Inc. (NYSE:MFA – Get Rating) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 221,175 shares of the real estate investment trust’s stock after purchasing an additional 2,500 shares during the quarter. Swiss National Bank owned 0.22% of MFA Financial worth $2,179,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its stake in MFA Financial by 61.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 62,731 shares of the real estate investment trust’s stock valued at $618,000 after acquiring an additional 23,800 shares during the last quarter. Renaissance Technologies LLC increased its stake in MFA Financial by 5.2% in the third quarter. Renaissance Technologies LLC now owns 1,308,325 shares of the real estate investment trust’s stock valued at $10,179,000 after acquiring an additional 64,800 shares during the last quarter. Independent Advisor Alliance increased its stake in MFA Financial by 4.9% in the third quarter. Independent Advisor Alliance now owns 70,035 shares of the real estate investment trust’s stock valued at $545,000 after acquiring an additional 3,290 shares during the last quarter. ProShare Advisors LLC increased its stake in MFA Financial by 16.7% in the fourth quarter. ProShare Advisors LLC now owns 13,210 shares of the real estate investment trust’s stock valued at $130,000 after acquiring an additional 1,895 shares during the last quarter. Finally, EMG Holdings L.P. increased its stake in MFA Financial by 32.0% in the third quarter. EMG Holdings L.P. now owns 1,549,959 shares of the real estate investment trust’s stock valued at $12,058,000 after acquiring an additional 375,966 shares during the last quarter. 64.40% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $11.00 price objective on shares of MFA Financial in a research note on Tuesday, March 7th. StockNews.com assumed coverage on shares of MFA Financial in a research report on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, Credit Suisse Group restated an “outperform” rating and issued a $12.50 target price on shares of MFA Financial in a research report on Friday, March 10th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.45.
MFA Financial Stock Performance
MFA Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 28th. Stockholders of record on Friday, March 31st were issued a dividend of $0.35 per share. The ex-dividend date was Thursday, March 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.63%. MFA Financial’s dividend payout ratio (DPR) is presently -129.63%.
About MFA Financial
MFA Financial, Inc is a real estate investment trust. engages in the business of investment, on a leveraged basis, in residential mortgage assets including agency mortgage-backed securities, Non-Agency mortgage backed securities and residential whole loans. The company was founded by Stewart Zimmerman on July 24, 1997 and is headquartered in New York, NY.
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