MFA Financial (NYSE:MFA) Stock Rating Upgraded by Wall Street Zen

MFA Financial (NYSE:MFA) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Monday.

A number of other research firms have also recently commented on MFA. Weiss Ratings cut MFA Financial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. Jones Trading reiterated a “hold” rating on shares of MFA Financial in a research note on Monday, August 11th. UBS Group reissued a “buy” rating on shares of MFA Financial in a research report on Wednesday, September 3rd. Finally, JMP Securities reduced their price objective on shares of MFA Financial from $12.00 to $11.00 and set a “market outperform” rating for the company in a research note on Thursday, July 17th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.10.

MFA Financial Stock Up 1.1%

MFA Financial stock opened at $9.38 on Monday. MFA Financial has a twelve month low of $7.85 and a twelve month high of $11.57. The company has a market capitalization of $962.52 million, a P/E ratio of 10.78 and a beta of 1.73. The stock’s 50 day moving average is $9.44 and its 200 day moving average is $9.52.

Institutional Trading of MFA Financial

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of MFA Financial by 0.7% during the first quarter. Vanguard Group Inc. now owns 10,182,250 shares of the real estate investment trust’s stock valued at $104,470,000 after purchasing an additional 70,847 shares during the last quarter. Balyasny Asset Management L.P. grew its position in MFA Financial by 53.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,820,393 shares of the real estate investment trust’s stock worth $26,681,000 after purchasing an additional 977,820 shares during the period. Geode Capital Management LLC raised its stake in MFA Financial by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,489,686 shares of the real estate investment trust’s stock valued at $23,555,000 after buying an additional 54,944 shares during the last quarter. Invesco Ltd. raised its stake in MFA Financial by 9.2% during the 2nd quarter. Invesco Ltd. now owns 1,647,612 shares of the real estate investment trust’s stock valued at $15,586,000 after buying an additional 139,156 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of MFA Financial by 57.5% during the 3rd quarter. Wolverine Asset Management LLC now owns 1,513,503 shares of the real estate investment trust’s stock valued at $13,909,000 after buying an additional 552,517 shares during the period. 65.28% of the stock is currently owned by institutional investors.

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.