MFA Financial (NYSE:MFA – Get Free Report)‘s stock had its “sector perform” rating reiterated by equities researchers at Royal Bank Of Canada in a report issued on Thursday,Benzinga reports. They currently have a $10.00 target price on the real estate investment trust’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 10.33% from the company’s previous close.
MFA has been the subject of a number of other research reports. Weiss Ratings upgraded MFA Financial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. BTIG Research upgraded MFA Financial from a “neutral” rating to a “buy” rating and set a $10.50 price target for the company in a report on Wednesday, June 17th. Citizens Jmp dropped their price objective on shares of MFA Financial from $11.50 to $11.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 4th. William Blair set a $11.00 price target on shares of MFA Financial in a report on Tuesday, August 4th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of MFA Financial from $11.00 to $10.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.46.
View Our Latest Research Report on MFA
MFA Financial Trading Down 0.4%
Institutional Trading of MFA Financial
Institutional investors have recently added to or reduced their stakes in the business. Quarry LP bought a new stake in shares of MFA Financial in the 3rd quarter worth approximately $27,000. Headlands Technologies LLC increased its holdings in shares of MFA Financial by 62.3% in the 2nd quarter. Headlands Technologies LLC now owns 2,992 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,149 shares during the period. Optiver Holding B.V. bought a new stake in MFA Financial in the 1st quarter valued at about $29,000. Public Employees Retirement System of Ohio bought a new position in MFA Financial in the 2nd quarter worth about $32,000. Finally, Global Retirement Partners LLC bought a new stake in shares of MFA Financial during the second quarter valued at approximately $39,000. Institutional investors own 65.28% of the company’s stock.
About MFA Financial
MFA Financial, Inc, headquartered in New York City, is a real estate investment trust that specializes in investing in residential mortgage loans and mortgage-related securities. The company’s primary objective is to generate attractive risk-adjusted returns through net interest income and capital appreciation. As a mortgage REIT, MFA Financial focuses on constructing a diversified portfolio of agency and non-agency residential mortgage assets, leveraging its expertise in acquiring, financing and servicing mortgage products.
MFA Financial’s investment portfolio encompasses a wide range of mortgage instruments, including adjustable-rate and fixed-rate mortgage loans, interest-only securities, and agency mortgage-backed securities guaranteed by government-sponsored entities.
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