UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 61,781 Shares of MFA Financial, Inc. $MFA

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in MFA Financial, Inc. (NYSE:MFAFree Report) by 25.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 301,910 shares of the real estate investment trust’s stock after buying an additional 61,781 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in MFA Financial were worth $2,926,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MFA. BlackRock Inc. increased its position in shares of MFA Financial by 3.0% during the second quarter. BlackRock Inc. now owns 9,459,988 shares of the real estate investment trust’s stock valued at $91,667,000 after acquiring an additional 271,707 shares in the last quarter. Renaissance Technologies LLC lifted its position in MFA Financial by 245.2% in the 1st quarter. Renaissance Technologies LLC now owns 777,025 shares of the real estate investment trust’s stock valued at $7,444,000 after acquiring an additional 551,927 shares in the last quarter. Almitas Capital LLC bought a new position in MFA Financial in the 2nd quarter valued at approximately $1,241,000. Corient Private Wealth LP bought a new position in MFA Financial in the 2nd quarter valued at approximately $1,539,000. Finally, Ieq Capital LLC purchased a new stake in MFA Financial during the 2nd quarter valued at $1,676,000. Institutional investors own 65.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Citigroup reissued a “market outperform” rating on shares of MFA Financial in a report on Tuesday, August 4th. Weiss Ratings raised MFA Financial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. William Blair set a $11.00 price objective on MFA Financial in a research report on Tuesday, August 4th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of MFA Financial in a report on Thursday, August 20th. Finally, Citizens Jmp decreased their target price on MFA Financial from $11.50 to $11.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $10.46.

Check Out Our Latest Report on MFA

MFA Financial Trading Down 2.1%

MFA opened at $8.56 on Friday. The company has a market cap of $865.84 million, a price-to-earnings ratio of 8.56 and a beta of 1.41. The company’s 50 day moving average is $9.11 and its 200 day moving average is $9.53. MFA Financial, Inc. has a 12-month low of $8.55 and a 12-month high of $10.43.

MFA Financial Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for MFA Financial (NYSE:MFA)

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