UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Holdings in MFA Financial, Inc. $MFA

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in MFA Financial, Inc. (NYSE:MFAFree Report) by 25.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 301,910 shares of the real estate investment trust’s stock after acquiring an additional 61,781 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.30% of MFA Financial worth $2,926,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Balyasny Asset Management L.P. raised its holdings 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 in the last quarter. First Trust Advisors LP boosted its stake in shares of MFA Financial by 152.8% during the 2nd quarter. First Trust Advisors LP now owns 1,022,065 shares of the real estate investment trust’s stock valued at $9,669,000 after purchasing an additional 617,759 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of MFA Financial by 245.2% during the first quarter. Renaissance Technologies LLC now owns 777,025 shares of the real estate investment trust’s stock valued at $7,444,000 after buying an additional 551,927 shares during the period. Two Sigma Investments LP increased its position in shares of MFA Financial by 112.1% during the third quarter. Two Sigma Investments LP now owns 778,019 shares of the real estate investment trust’s stock valued at $7,150,000 after buying an additional 411,128 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of MFA Financial during the second quarter valued at about $3,589,000. 65.28% of the stock is owned by hedge funds and other institutional investors.

MFA Financial Stock Down 2.1%

MFA Financial stock opened at $8.56 on Friday. MFA Financial, Inc. has a twelve month low of $8.55 and a twelve month high of $10.43. The company has a market capitalization of $865.84 million, a P/E ratio of 8.56 and a beta of 1.41. The stock’s 50 day moving average is $9.11 and its 200 day moving average is $9.53.

Analyst Upgrades and Downgrades

Several analysts have commented on MFA shares. Weiss Ratings upgraded shares of MFA Financial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Citizens Jmp lowered their price objective on MFA Financial from $11.50 to $11.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 4th. BTIG Research upgraded shares of MFA Financial from a “neutral” rating to a “buy” rating and set a $10.50 target price on the stock in a report on Wednesday, June 17th. Citigroup reaffirmed a “market outperform” rating on shares of MFA Financial in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $10.00 price target on shares of MFA Financial in a research note on Thursday, August 20th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, MFA Financial currently has an average rating of “Moderate Buy” and a consensus price target of $10.46.

Read Our Latest Research Report on MFA

MFA Financial Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for MFA Financial (NYSE:MFA)

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