Global X Management Co. LLC Has $20 Million Stake in MFA Financial, Inc. (MFA)

Global X Management Co. LLC increased its holdings in shares of MFA Financial, Inc. (NYSE:MFA) by 3.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,524,995 shares of the real estate investment trust’s stock after acquiring an additional 82,009 shares during the period. Global X Management Co. LLC’s holdings in MFA Financial were worth $19,998,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of MFA. GSA Capital Partners LLP acquired a new stake in shares of MFA Financial during the 2nd quarter valued at about $136,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of MFA Financial by 48.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,681 shares of the real estate investment trust’s stock valued at $188,000 after acquiring an additional 7,782 shares during the period. Alps Advisors Inc. acquired a new stake in shares of MFA Financial during the 4th quarter valued at about $199,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of MFA Financial during the 3rd quarter valued at about $220,000. Finally, State of Alaska Department of Revenue acquired a new stake in shares of MFA Financial during the 4th quarter valued at about $221,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Shares of MFA Financial, Inc. (NYSE:MFA) opened at $7.12 on Thursday. MFA Financial, Inc. has a twelve month low of $6.72 and a twelve month high of $8.90. The stock has a market capitalization of $2,790.51, a PE ratio of 9.63 and a beta of 0.46.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Thursday, December 28th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 11.24%. The ex-dividend date was Wednesday, December 27th. MFA Financial’s payout ratio is 109.59%.

MFA has been the topic of a number of analyst reports. JMP Securities cut MFA Financial from an “outperform” rating to a “market perform” rating in a research report on Friday, October 20th. Zacks Investment Research cut MFA Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. BidaskClub cut MFA Financial from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. Royal Bank of Canada restated a “buy” rating and set a $9.00 target price on shares of MFA Financial in a research report on Tuesday, November 7th. Finally, B. Riley restated a “neutral” rating on shares of MFA Financial in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $9.08.

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About MFA Financial

MFA Financial, Inc is engaged in the real estate finance business. The Company’s subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company’s Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities.

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

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