Koch Industries Inc. Takes Position in MFA Financial, Inc. (MFA)

Koch Industries Inc. acquired a new stake in MFA Financial, Inc. (NYSE:MFA) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 25,468 shares of the real estate investment trust’s stock, valued at approximately $202,000.

Other institutional investors also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in MFA Financial by 48.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,681 shares of the real estate investment trust’s stock valued at $188,000 after buying an additional 7,782 shares during the period. Alps Advisors Inc. bought a new stake in MFA Financial in the fourth quarter worth approximately $199,000. Raymond James Financial Services Advisors Inc. bought a new stake in MFA Financial in the third quarter worth approximately $220,000. State of Alaska Department of Revenue bought a new stake in MFA Financial in the fourth quarter worth approximately $221,000. Finally, Barings LLC bought a new stake in MFA Financial in the third quarter worth approximately $262,000. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Shares of MFA Financial, Inc. (NYSE:MFA) opened at $7.64 on Friday. The company has a market cap of $3,043.95, a P/E ratio of 9.67 and a beta of 0.45. MFA Financial, Inc. has a 1 year low of $6.72 and a 1 year high of $8.90.

MFA Financial (NYSE:MFA) last posted its earnings results on Thursday, February 15th. The real estate investment trust reported $0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.04. The company had revenue of $52.41 million during the quarter, compared to the consensus estimate of $76.10 million. MFA Financial had a net margin of 69.87% and a return on equity of 10.04%. During the same period in the previous year, the firm posted $0.18 earnings per share. equities analysts anticipate that MFA Financial, Inc. will post 0.84 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Thursday, March 29th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 10.47%. The ex-dividend date is Wednesday, March 28th. MFA Financial’s dividend payout ratio is currently 101.27%.

Several research firms have commented on MFA. B. Riley set a $8.00 target price on shares of MFA Financial and gave the stock a “hold” rating in a research report on Friday, February 16th. Zacks Investment Research downgraded shares of MFA Financial from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 13th. Two 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 stock presently has an average rating of “Hold” and a consensus price target of $8.81.

In other news, CEO Craig L. Knutson acquired 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The stock was acquired at an average cost of $7.30 per share, with a total value of $58,400.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.92% of the stock is currently owned by corporate insiders.

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MFA Financial Profile

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

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