Nisa Investment Advisors LLC Sells 37,900 Shares of MFA Finl Inc/SH (MFA)

Nisa Investment Advisors LLC lowered its position in MFA Finl Inc/SH (NYSE:MFA) by 21.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,700 shares of the real estate investment trust’s stock after selling 37,900 shares during the quarter. Nisa Investment Advisors LLC’s holdings in MFA Finl Inc/SH were worth $997,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MFA. BNP Paribas Arbitrage SA grew its stake in MFA Finl Inc/SH by 478.2% in the first quarter. BNP Paribas Arbitrage SA now owns 38,372 shares of the real estate investment trust’s stock valued at $289,000 after purchasing an additional 31,735 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of MFA Finl Inc/SH by 7.1% during the 1st quarter. Russell Investments Group Ltd. now owns 427,809 shares of the real estate investment trust’s stock worth $3,220,000 after acquiring an additional 28,291 shares in the last quarter. Xact Kapitalforvaltning AB boosted its stake in shares of MFA Finl Inc/SH by 22.0% during the 1st quarter. Xact Kapitalforvaltning AB now owns 53,891 shares of the real estate investment trust’s stock worth $406,000 after acquiring an additional 9,700 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of MFA Finl Inc/SH by 40.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 43,390 shares of the real estate investment trust’s stock worth $328,000 after acquiring an additional 12,410 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of MFA Finl Inc/SH during the 2nd quarter worth about $303,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

MFA opened at $6.90 on Tuesday. The stock has a market cap of $2.74 billion, a PE ratio of 8.73 and a beta of 0.32. MFA Finl Inc/SH has a 52-week low of $6.72 and a 52-week high of $8.43.

MFA Finl Inc/SH (NYSE:MFA) last released its quarterly earnings results on Thursday, August 2nd. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). MFA Finl Inc/SH had a return on equity of 9.82% and a net margin of 77.32%. The company had revenue of $49.94 million for the quarter, compared to the consensus estimate of $58.57 million. During the same quarter last year, the company posted $0.20 EPS. The business’s revenue was down 18.3% compared to the same quarter last year. On average, research analysts expect that MFA Finl Inc/SH will post 0.72 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Monday, October 1st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 28th. This represents a $0.80 annualized dividend and a dividend yield of 11.59%. MFA Finl Inc/SH’s dividend payout ratio is presently 101.27%.

MFA has been the subject of several recent analyst reports. Zacks Investment Research downgraded MFA Finl Inc/SH from a “buy” rating to a “hold” rating in a research note on Wednesday, July 11th. JPMorgan Chase & Co. downgraded MFA Finl Inc/SH from an “overweight” rating to a “neutral” rating in a research note on Monday, July 23rd. Compass Point set a $8.00 price target on MFA Finl Inc/SH and gave the stock a “hold” rating in a research note on Thursday, August 2nd. Finally, ValuEngine downgraded MFA Finl Inc/SH from a “hold” rating to a “sell” rating in a research note on Tuesday, August 7th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.44.

About MFA Finl Inc/SH

MFA Financial, Inc, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.

Featured Story: Price to Earnings Ratio (PE)

Want to see what other hedge funds are holding MFA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFA Finl Inc/SH (NYSE:MFA).

Institutional Ownership by Quarter for MFA Finl Inc/SH (NYSE:MFA)

Receive News & Ratings for MFA Finl Inc/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFA Finl Inc/SH and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply