Allianz Asset Management GmbH grew its holdings in shares of MFA Financial, Inc. (NYSE:MFA) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,167,881 shares of the real estate investment trust’s stock after buying an additional 41,218 shares during the period. Allianz Asset Management GmbH’s holdings in MFA Financial were worth $9,249,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. Wedge Capital Management L L P NC boosted its holdings in shares of MFA Financial by 2.0% during the 4th quarter. Wedge Capital Management L L P NC now owns 7,717,579 shares of the real estate investment trust’s stock valued at $61,123,000 after buying an additional 147,676 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of MFA Financial by 2.7% in the 3rd quarter. Janus Henderson Group PLC now owns 5,851,326 shares of the real estate investment trust’s stock worth $51,258,000 after purchasing an additional 153,963 shares during the last quarter. Boston Partners raised its position in shares of MFA Financial by 8.2% in the 4th quarter. Boston Partners now owns 5,678,366 shares of the real estate investment trust’s stock worth $44,973,000 after purchasing an additional 432,181 shares during the last quarter. Global X Management Co. LLC raised its position in shares of MFA Financial by 3.4% in the 4th quarter. Global X Management Co. LLC now owns 2,524,995 shares of the real estate investment trust’s stock worth $19,998,000 after purchasing an additional 82,009 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in shares of MFA Financial by 6.0% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 2,460,614 shares of the real estate investment trust’s stock worth $19,489,000 after purchasing an additional 138,918 shares during the last quarter. Hedge funds and other institutional investors own 81.76% of the company’s stock.
In other MFA Financial news, CEO Craig L. Knutson bought 8,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was acquired at an average price of $7.30 per share, with a total value of $58,400.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.92% of the stock is currently owned by insiders.
MFA Financial (NYSE:MFA) last posted its quarterly earnings results on Thursday, February 15th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. The firm had revenue of $52.41 million during the quarter, compared to analyst estimates of $76.10 million. MFA Financial had a return on equity of 10.04% and a net margin of 69.87%. During the same quarter in the previous year, the firm earned $0.18 EPS. analysts predict that MFA Financial, Inc. will post 0.84 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Thursday, March 29th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 10.48%. The ex-dividend date is Wednesday, March 28th. MFA Financial’s dividend payout ratio (DPR) is 101.27%.
MFA has been the subject of several recent analyst reports. Zacks Investment Research lowered MFA Financial from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 13th. B. Riley set a $8.00 price target on MFA Financial and gave the stock a “hold” rating in a research report on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $8.81.
About MFA Financial
MFA Financial, Inc is engaged in the real estate finance business. The Company’s subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company’s Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities.
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