UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in MFA Financial, Inc. (NYSE:MFA – Free 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
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MFA Financial Company Profile
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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