MFA Finl Inc/SH (NYSE:MFA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

According to Zacks, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. “

Several other analysts have also weighed in on MFA. ValuEngine lowered MFA Finl Inc/SH from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. Compass Point set a $8.00 price objective on MFA Finl Inc/SH and gave the stock a “hold” rating in a report on Thursday, August 2nd. Finally, JPMorgan Chase & Co. lowered MFA Finl Inc/SH from an “overweight” rating to a “neutral” rating in a report on Monday, July 23rd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. MFA Finl Inc/SH presently has a consensus rating of “Hold” and a consensus price target of $8.44.

Shares of NYSE:MFA opened at $7.71 on Thursday. MFA Finl Inc/SH has a 1-year low of $6.72 and a 1-year high of $8.90. The company has a market cap of $3.01 billion, a PE ratio of 9.78 and a beta of 0.41.

MFA Finl Inc/SH (NYSE:MFA) last announced its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). MFA Finl Inc/SH had a return on equity of 9.82% and a net margin of 77.32%. The firm had revenue of $49.94 million for the quarter, compared to analyst estimates of $58.57 million. During the same period in the previous year, the business posted $0.20 EPS. MFA Finl Inc/SH’s revenue for the quarter was down 18.3% compared to the same quarter last year. research analysts expect that MFA Finl Inc/SH will post 0.74 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in shares of MFA Finl Inc/SH by 8.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 88,529 shares of the real estate investment trust’s stock worth $671,000 after buying an additional 7,192 shares during the period. Creative Planning lifted its position in shares of MFA Finl Inc/SH by 21.8% during the 2nd quarter. Creative Planning now owns 43,032 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 7,705 shares during the period. SG Americas Securities LLC lifted its position in shares of MFA Finl Inc/SH by 35.1% during the 1st quarter. SG Americas Securities LLC now owns 35,403 shares of the real estate investment trust’s stock worth $267,000 after buying an additional 9,203 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in shares of MFA Finl Inc/SH by 37.5% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 34,800 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 9,500 shares during the period. Finally, Xact Kapitalforvaltning AB lifted its position in shares of MFA Finl Inc/SH by 22.0% during the 1st quarter. Xact Kapitalforvaltning AB now owns 53,891 shares of the real estate investment trust’s stock worth $406,000 after buying an additional 9,700 shares during the period. 78.17% of the stock is currently owned by institutional investors.

MFA Finl Inc/SH Company Profile

MFA Financial, Inc, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.

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