Squarepoint Ops LLC Purchases 54,586 Shares of MFA FINL INC/SH (MFA)

Squarepoint Ops LLC grew its position in MFA FINL INC/SH (NYSE:MFA) by 456.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,556 shares of the real estate investment trust’s stock after buying an additional 54,586 shares during the quarter. Squarepoint Ops LLC’s holdings in MFA FINL INC/SH were worth $445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Advisor Group Inc. grew its holdings in MFA FINL INC/SH by 3.5% during the fourth quarter. Advisor Group Inc. now owns 71,457 shares of the real estate investment trust’s stock valued at $478,000 after purchasing an additional 2,431 shares during the last quarter. Red Cedar Capital LLC grew its holdings in MFA FINL INC/SH by 0.9% during the fourth quarter. Red Cedar Capital LLC now owns 160,015 shares of the real estate investment trust’s stock valued at $1,069,000 after purchasing an additional 1,500 shares during the last quarter. United Services Automobile Association grew its holdings in MFA FINL INC/SH by 3.1% during the fourth quarter. United Services Automobile Association now owns 434,777 shares of the real estate investment trust’s stock valued at $2,904,000 after purchasing an additional 13,140 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in MFA FINL INC/SH by 8.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,910,489 shares of the real estate investment trust’s stock valued at $19,442,000 after purchasing an additional 225,552 shares during the last quarter. Finally, CenturyLink Investment Management Co grew its holdings in MFA FINL INC/SH by 14.7% during the fourth quarter. CenturyLink Investment Management Co now owns 175,962 shares of the real estate investment trust’s stock valued at $1,175,000 after purchasing an additional 22,554 shares during the last quarter. Institutional investors own 81.32% of the company’s stock.

Shares of MFA FINL INC/SH stock traded up $0.06 during midday trading on Friday, hitting $7.47. The company had a trading volume of 1,625,264 shares, compared to its average volume of 2,187,152. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 10.99 and a beta of 0.51. MFA FINL INC/SH has a 1-year low of $6.40 and a 1-year high of $8.15.

MFA FINL INC/SH (NYSE:MFA) last posted its quarterly earnings results on Thursday, February 21st. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.04). MFA FINL INC/SH had a return on equity of 9.00% and a net margin of 66.23%. The business had revenue of $61.80 million for the quarter, compared to analyst estimates of $64.10 million. During the same quarter in the prior year, the firm earned $0.24 EPS. On average, analysts anticipate that MFA FINL INC/SH will post 0.74 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, March 29th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.80 dividend on an annualized basis and a yield of 10.71%. MFA FINL INC/SH’s dividend payout ratio is currently 117.65%.

Separately, Zacks Investment Research downgraded MFA FINL INC/SH from a “buy” rating to a “hold” rating in a report on Wednesday, January 9th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. MFA FINL INC/SH presently has an average rating of “Hold” and an average target price of $7.92.

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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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Institutional Ownership by Quarter for MFA FINL INC/SH (NYSE:MFA)

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