Banco de Sabadell S.A Takes $522,000 Position in MFA Financial, Inc. (MFA)

Banco de Sabadell S.A acquired a new stake in MFA Financial, Inc. (NYSE:MFA) in the 4th quarter, Holdings Channel reports. The fund acquired 65,971 shares of the real estate investment trust’s stock, valued at approximately $522,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MFA. Jefferies Group LLC bought a new stake in MFA Financial in the 4th quarter valued at approximately $106,000. Two Sigma Securities LLC bought a new stake in MFA Financial in the 4th quarter valued at approximately $144,000. Zurcher Kantonalbank Zurich Cantonalbank lifted 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 acquiring an additional 7,782 shares in the last quarter. Alps Advisors Inc. bought a new stake in MFA Financial in the 4th quarter valued at approximately $199,000. Finally, Koch Industries Inc. bought a new stake in MFA Financial in the 4th quarter valued at approximately $202,000. Hedge funds and other institutional investors own 81.65% of the company’s stock.

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In related news, CEO Craig L. Knutson acquired 8,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were bought at an average price of $7.30 per share, for a total transaction of $58,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.92% of the company’s stock.

Several equities research analysts have commented on the company. B. Riley set a $8.00 target price on MFA Financial and gave the company a “hold” rating in a research note on Friday, February 16th. Zacks Investment Research cut MFA Financial from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 13th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. MFA Financial currently has an average rating of “Hold” and an average target price of $8.81.

Shares of MFA stock opened at $7.43 on Friday. The company has a market capitalization of $2,972.24, a P/E ratio of 9.41 and a beta of 0.45. MFA Financial, Inc. has a 12 month low of $6.72 and a 12 month high of $8.90.

MFA Financial (NYSE:MFA) last announced its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. MFA Financial had a return on equity of 10.04% and a net margin of 69.87%. The company had revenue of $52.41 million for the quarter, compared to analysts’ expectations of $76.10 million. During the same quarter in the prior year, the business posted $0.18 EPS. equities analysts forecast that MFA Financial, Inc. will post 0.84 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Thursday, March 29th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.77%. The ex-dividend date of this dividend is Wednesday, March 28th. MFA Financial’s dividend payout ratio is currently 101.27%.

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About MFA Financial

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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