MFA Financial, Inc. (NYSE:MFA) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its holdings in shares of MFA Financial, Inc. (NYSE:MFA) by 14.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,520 shares of the real estate investment trust’s stock after acquiring an additional 14,333 shares during the period. Victory Capital Management Inc. owned 0.11% of MFA Financial worth $1,431,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MFA. Waterfall Asset Management LLC acquired a new position in MFA Financial in the 2nd quarter valued at about $1,150,000. ProShare Advisors LLC increased its holdings in shares of MFA Financial by 8.5% in the first quarter. ProShare Advisors LLC now owns 18,392 shares of the real estate investment trust’s stock valued at $210,000 after purchasing an additional 1,447 shares during the period. Deerfield Management Company L.P. Series C purchased a new stake in shares of MFA Financial during the second quarter worth approximately $561,000. Bank of New York Mellon Corp lifted its holdings in shares of MFA Financial by 8.9% during the second quarter. Bank of New York Mellon Corp now owns 496,843 shares of the real estate investment trust’s stock worth $5,286,000 after purchasing an additional 40,782 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of MFA Financial by 5.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 74,000 shares of the real estate investment trust’s stock worth $845,000 after purchasing an additional 3,677 shares during the period. 65.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Keefe, Bruyette & Woods upped their price objective on shares of MFA Financial from $12.00 to $13.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Wedbush reissued an “outperform” rating and set a $15.00 price target on shares of MFA Financial in a report on Thursday, November 7th. StockNews.com lowered MFA Financial from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. JMP Securities boosted their target price on MFA Financial from $12.50 to $13.50 and gave the stock a “market outperform” rating in a research report on Friday, September 6th. Finally, Raymond James raised their price target on MFA Financial from $13.00 to $14.50 and gave the company an “outperform” rating in a report on Thursday, September 19th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, MFA Financial currently has an average rating of “Moderate Buy” and an average target price of $13.60.

MFA Financial Trading Up 0.4 %

Shares of MFA opened at $11.20 on Tuesday. MFA Financial, Inc. has a twelve month low of $10.20 and a twelve month high of $13.45. The firm has a market capitalization of $1.14 billion, a P/E ratio of 7.11 and a beta of 2.16. The firm’s 50-day moving average is $12.16 and its two-hundred day moving average is $11.56.

MFA Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, September 27th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 12.50%. The ex-dividend date was Friday, September 27th. MFA Financial’s dividend payout ratio is currently 88.05%.

MFA Financial Company Profile

MFA Financial, Inc, together with its subsidiaries, operates as a real estate investment trust in the United States. It invests in residential mortgage securities, including non-agency mortgage-backed securities, agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets.