12,143 Shares in MFA Financial, Inc. (NYSE:MFA) Bought by Motiv8 Investments LLC

Motiv8 Investments LLC acquired a new position in shares of MFA Financial, Inc. (NYSE:MFA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,143 shares of the real estate investment trust’s stock, valued at approximately $124,000.

Several other institutional investors also recently modified their holdings of the company. GraniteShares Advisors LLC bought a new stake in MFA Financial in the fourth quarter valued at approximately $2,484,000. Bank of New York Mellon Corp increased its holdings in shares of MFA Financial by 17.9% during the 4th quarter. Bank of New York Mellon Corp now owns 479,690 shares of the real estate investment trust’s stock worth $4,888,000 after acquiring an additional 72,867 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in MFA Financial in the 4th quarter valued at $407,000. Wolverine Asset Management LLC acquired a new stake in MFA Financial during the 4th quarter valued at $110,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of MFA Financial in the fourth quarter valued at $104,000. 65.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MFA. Wedbush reissued an “outperform” rating and set a $15.00 price target on shares of MFA Financial in a report on Thursday, November 7th. Janney Montgomery Scott assumed coverage on MFA Financial in a report on Thursday, January 2nd. They set a “buy” rating and a $14.00 target price for the company. JMP Securities lowered 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 research report on Thursday, January 23rd. StockNews.com cut shares of MFA Financial from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of MFA Financial from $13.50 to $12.50 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $13.70.

MFA Financial Stock Down 0.2 %

MFA opened at $10.54 on Thursday. MFA Financial, Inc. has a twelve month low of $9.36 and a twelve month high of $13.45. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 13.01 and a beta of 2.11. The company has a 50-day simple moving average of $10.31 and a 200 day simple moving average of $11.37.

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

MFA Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.29%. The ex-dividend date was Tuesday, December 31st. MFA Financial’s payout ratio is 172.84%.

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.