First Trust Advisors LP Has $25.48 Million Position in MFA Finl Inc/SH (MFA)

First Trust Advisors LP lifted its stake in shares of MFA Finl Inc/SH (NYSE:MFA) by 9.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,466,705 shares of the real estate investment trust’s stock after purchasing an additional 301,983 shares during the quarter. First Trust Advisors LP owned 0.87% of MFA Finl Inc/SH worth $25,480,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its stake in shares of MFA Finl Inc/SH by 26.4% during the 2nd quarter. Renaissance Technologies LLC now owns 6,918,754 shares of the real estate investment trust’s stock valued at $52,444,000 after purchasing an additional 1,445,454 shares during the period. SG Americas Securities LLC raised its stake in shares of MFA Finl Inc/SH by 59.4% during the 2nd quarter. SG Americas Securities LLC now owns 56,418 shares of the real estate investment trust’s stock valued at $428,000 after purchasing an additional 21,015 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of MFA Finl Inc/SH by 9.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 2,870,925 shares of the real estate investment trust’s stock valued at $21,762,000 after purchasing an additional 256,994 shares during the period. Morgan Stanley raised its stake in shares of MFA Finl Inc/SH by 5.3% during the 2nd quarter. Morgan Stanley now owns 11,789,316 shares of the real estate investment trust’s stock valued at $89,363,000 after purchasing an additional 591,649 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of MFA Finl Inc/SH by 85.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 64,081 shares of the real estate investment trust’s stock valued at $486,000 after purchasing an additional 29,600 shares during the period. Institutional investors own 78.42% of the company’s stock.

MFA Finl Inc/SH stock opened at $6.85 on Tuesday. MFA Finl Inc/SH has a 52 week low of $6.72 and a 52 week high of $8.29. The stock has a market cap of $2.74 billion, a P/E ratio of 8.67 and a beta of 0.38.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, October 1st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 11.68%. The ex-dividend date was Friday, September 28th. MFA Finl Inc/SH’s payout ratio is 101.27%.

Several equities analysts recently commented on MFA shares. Zacks Investment Research cut MFA Finl Inc/SH from a “buy” rating to a “hold” rating in a research report on Wednesday, July 11th. JPMorgan Chase & Co. cut MFA Finl Inc/SH from an “overweight” rating to a “neutral” rating in a research report on Monday, July 23rd. Compass Point set a $8.00 target price on MFA Finl Inc/SH and gave the stock a “hold” rating in a research report on Thursday, August 2nd. Finally, ValuEngine cut MFA Finl Inc/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $8.44.

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MFA Finl Inc/SH Profile

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.

See Also: Float

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

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