VIRGINIA RETIREMENT SYSTEMS ET Al Takes $1.14 Million Position in MFA Financial, Inc. $MFA

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in MFA Financial, Inc. (NYSE:MFA) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 117,117 shares of the real estate investment trust’s stock, valued at approximately $1,135,000.

Other hedge funds have also recently modified their holdings of the company. Quarry LP purchased a new position in MFA Financial during the third quarter valued at approximately $27,000. Headlands Technologies LLC lifted its holdings in MFA Financial by 62.3% during the second quarter. Headlands Technologies LLC now owns 2,992 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,149 shares during the period. Optiver Holding B.V. purchased a new stake in MFA Financial during the first quarter worth $29,000. Public Employees Retirement System of Ohio bought a new stake in MFA Financial during the 2nd quarter valued at $32,000. Finally, Global Retirement Partners LLC bought a new stake in MFA Financial during the 2nd quarter valued at $39,000. Hedge funds and other institutional investors own 65.28% of the company’s stock.

MFA Financial Stock Up 0.1%

MFA stock opened at $8.56 on Friday. The stock has a market capitalization of $865.84 million, a PE ratio of 8.56 and a beta of 1.41. MFA Financial, Inc. has a 52 week low of $8.53 and a 52 week high of $10.43. The firm has a 50 day moving average of $9.09 and a 200 day moving average of $9.52.

Wall Street Analysts Forecast Growth

MFA has been the subject of several recent research reports. Citigroup reissued a “market outperform” rating on shares of MFA Financial in a research report on Tuesday, August 4th. BTIG Research raised MFA Financial from a “neutral” rating to a “buy” rating and set a $10.50 price objective on the stock in a research report on Wednesday, June 17th. Weiss Ratings lowered MFA Financial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. William Blair set a $11.00 target price on shares of MFA Financial in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of MFA Financial in a research report on Thursday, August 20th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.46.

About MFA Financial

MFA Financial, Inc, headquartered in New York City, is a real estate investment trust that specializes in investing in residential mortgage loans and mortgage-related securities. The company’s primary objective is to generate attractive risk-adjusted returns through net interest income and capital appreciation. As a mortgage REIT, MFA Financial focuses on constructing a diversified portfolio of agency and non-agency residential mortgage assets, leveraging its expertise in acquiring, financing and servicing mortgage products.

MFA Financial’s investment portfolio encompasses a wide range of mortgage instruments, including adjustable-rate and fixed-rate mortgage loans, interest-only securities, and agency mortgage-backed securities guaranteed by government-sponsored entities.