MFA FINL INC/SH (NYSE:MFA) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Monday, ValuEngine reports.

Other equities analysts have also issued reports about the stock. TheStreet lowered shares of MFA FINL INC/SH from a “c-” rating to a “d” rating in a research report on Thursday, June 18th. JMP Securities lowered MFA FINL INC/SH from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th. Royal Bank of Canada downgraded MFA FINL INC/SH from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, March 25th. Wedbush cut shares of MFA FINL INC/SH from an “outperform” rating to a “neutral” rating in a research report on Wednesday, March 25th. Finally, Credit Suisse Group raised their price target on shares of MFA FINL INC/SH from $2.00 to $3.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 17th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $7.35.

NYSE:MFA traded up $0.20 during mid-day trading on Monday, hitting $2.50. The stock had a trading volume of 19,259,753 shares, compared to its average volume of 25,353,922. MFA FINL INC/SH has a twelve month low of $0.32 and a twelve month high of $8.09. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -1.77 and a beta of 1.49. The company’s 50 day simple moving average is $2.14 and its 200 day simple moving average is $4.76.

MFA FINL INC/SH (NYSE:MFA) last posted its earnings results on Tuesday, June 16th. The real estate investment trust reported ($2.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($2.16). MFA FINL INC/SH had a positive return on equity of 7.60% and a negative net margin of 105.71%. The business had revenue of $61.70 million for the quarter. Equities analysts anticipate that MFA FINL INC/SH will post 0.76 earnings per share for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of MFA. State Street Corp raised its stake in MFA FINL INC/SH by 40.6% in the first quarter. State Street Corp now owns 11,044,437 shares of the real estate investment trust’s stock valued at $18,687,000 after purchasing an additional 3,191,558 shares in the last quarter. Public Employees Retirement Association of Colorado raised its position in shares of MFA FINL INC/SH by 102.3% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 56,928 shares of the real estate investment trust’s stock valued at $88,000 after buying an additional 28,794 shares in the last quarter. 1832 Asset Management L.P. raised its position in shares of MFA FINL INC/SH by 2.0% in the 1st quarter. 1832 Asset Management L.P. now owns 601,400 shares of the real estate investment trust’s stock valued at $920,000 after buying an additional 11,900 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of MFA FINL INC/SH by 22.6% during the 1st quarter. HighTower Advisors LLC now owns 190,516 shares of the real estate investment trust’s stock worth $295,000 after acquiring an additional 35,103 shares during the period. Finally, Voloridge Investment Management LLC acquired a new stake in shares of MFA FINL INC/SH during the 1st quarter worth approximately $28,000. Institutional investors own 59.62% of the company’s stock.

About MFA FINL INC/SH

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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