December 1, 2016 - By Adrian Mccoy · 0 Comments
Mfa Financial Inc (NYSE:MFA) institutional sentiment increased to 1.52 in 2016 Q2. Its up 0.18, from 1.34 in 2016Q1. The ratio has increased, as 111 investment professionals opened new or increased equity positions, while 83 sold and trimmed stock positions in Mfa Financial Inc. The investment professionals in our partner’s database now possess: 306.03 million shares, down from 307.41 million shares in 2016Q1. Also, the number of investment professionals holding Mfa Financial Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 23 Reduced: 60 Increased: 89 New Position: 22.
MFA Financial, Inc. is a real estate investment trust . The company has a market cap of $2.88 billion. The Firm operates as a holding firm and conducts its real estate finance businesses through its subsidiaries. It has a 9.73 P/E ratio. The Company’s segment is investing in residential mortgage assets.
About 641,962 shares traded hands. MFA Financial, Inc. (NYSE:MFA) has risen 13.50% since April 28, 2016 and is uptrending. It has outperformed by 7.57% the S&P500.
Analysts await MFA Financial, Inc. (NYSE:MFA) to report earnings on February, 16. They expect $0.20 earnings per share, up 5.26% or $0.01 from last year’s $0.19 per share. MFA’s profit will be $74.04 million for 9.73 P/E if the $0.20 EPS becomes a reality. After $0.20 actual earnings per share reported by MFA Financial, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
According to Zacks Investment Research, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments.”
Adirondack Research & Management Inc. holds 2.38% of its portfolio in MFA Financial, Inc. for 873,752 shares. Thornburg Investment Management Inc owns 33.53 million shares or 1.89% of their US portfolio. Moreover, West Family Investments Inc. has 1.61% invested in the company for 1.22 million shares. The North Carolina-based Willingdon Wealth Management has invested 1.51% in the stock. Benchmark Capital Advisors, a New York-based fund reported 248,922 shares.#img1#
Ratings analysis reveals 20% of MFA Mortgage’s analysts are positive. Out of 5 Wall Street analysts rating MFA Mortgage, 1 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $7 while the high is $7.50. The stock’s average target of $7.33 is -5.78% below today’s ($7.78) share price. MFA was included in 8 notes of analysts from January 15, 2016. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, January 15 report. As per Monday, January 18, the company rating was downgraded by Wells Fargo. Deutsche Bank maintained the shares of MFA in a report on Tuesday, August 9 with “Hold” rating. The stock has “Mkt Perform” rating given by FBR Capital on Tuesday, September 6. As per Wednesday, June 15, the company rating was downgraded by Compass Point. The firm earned “Overweight” rating on Tuesday, January 26 by JP Morgan. The firm has “Underperform” rating given on Monday, April 11 by Wells Fargo.
MFA Financial, Inc., incorporated on July 24, 1997, is a real estate investment trust (REIT). The Firm operates as a holding firm and conducts its real estate finance businesses through its subsidiaries. The Company’s segment is investing in residential mortgage assets. The Firm invests in residential mortgage assets, including Agency mortgage backed securities (MBS), Non-Agency MBS, residential whole loans and CRT securities. The Company’s business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. It selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return.
Another recent and important MFA Financial, Inc. (NYSE:MFA) news was published by Prnewswire.com which published an article titled: “MFA Financial, Inc. Announces Fourth Quarter 2016 Preferred Dividend of $0 …” on November 22, 2016.
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By Adrian Mccoy