MFA Financial (NYSE:MFA) Stock Rating Lowered by StockNews.com

MFA Financial (NYSE:MFA) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Other equities analysts have also issued research reports about the stock. Wedbush reiterated an “outperform” rating and issued a $15.00 price objective on shares of MFA Financial in a report on Thursday. JMP Securities boosted their price objective on shares of MFA Financial from $12.50 to $13.50 and gave the stock a “market outperform” rating in a report on Friday, September 6th. Keefe, Bruyette & Woods boosted their price objective on shares of MFA Financial from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Finally, Raymond James boosted their price objective on shares of MFA Financial from $13.00 to $14.50 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, MFA Financial presently has an average rating of “Moderate Buy” and a consensus target price of $13.60.

MFA Financial Stock Performance

MFA Financial stock traded up $0.12 during trading on Thursday, reaching $11.55. 1,617,148 shares of the company’s stock were exchanged, compared to its average volume of 740,973. The company’s 50-day moving average is $12.46 and its two-hundred day moving average is $11.52. MFA Financial has a 52-week low of $9.48 and a 52-week high of $13.45. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 19.91 and a beta of 2.16.

Institutional Investors Weigh In On MFA Financial

Several institutional investors and hedge funds have recently bought and sold shares of MFA. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of MFA Financial by 82.7% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,658 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,203 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of MFA Financial during the third quarter worth approximately $38,000. Castleview Partners LLC acquired a new position in shares of MFA Financial during the third quarter worth approximately $79,000. Quent Capital LLC boosted its position in shares of MFA Financial by 17.7% during the first quarter. Quent Capital LLC now owns 10,030 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 1,508 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of MFA Financial during the first quarter worth approximately $140,000. Institutional investors and hedge funds own 65.28% of the company’s stock.

MFA Financial Company 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.