Honkamp Krueger Financial Services Inc. lowered its holdings in MFA FINL INC/SH (NYSE:MFA) by 19.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 16,512 shares of the real estate investment trust’s stock after selling 3,996 shares during the quarter. Honkamp Krueger Financial Services Inc.’s holdings in MFA FINL INC/SH were worth $120,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of MFA. Penserra Capital Management LLC purchased a new stake in shares of MFA FINL INC/SH during the first quarter worth about $63,000. Osborn Williams & Donohoe LLC purchased a new stake in MFA FINL INC/SH during the first quarter valued at approximately $66,000. Sumitomo Mitsui Trust Holdings Inc. purchased a new position in shares of MFA FINL INC/SH in the 2nd quarter worth approximately $72,000. Claraphi Advisory Network LLC bought a new stake in MFA FINL INC/SH in the second quarter worth $80,000. Finally, Synovus Financial Corp raised its stake in shares of MFA FINL INC/SH by 30.3% in the first quarter. Synovus Financial Corp now owns 11,108 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 2,581 shares during the period. 80.11% of the stock is currently owned by hedge funds and other institutional investors.
MFA opened at $7.40 on Wednesday. MFA FINL INC/SH has a 1 year low of $6.40 and a 1 year high of $7.82. The business’s 50-day moving average is $7.24 and its two-hundred day moving average is $7.27. The firm has a market capitalization of $3.30 billion, a PE ratio of 10.88 and a beta of 0.53.
MFA has been the topic of several research analyst reports. Zacks Investment Research raised MFA FINL INC/SH from a “sell” rating to a “hold” rating in a research report on Friday, August 9th. Keefe, Bruyette & Woods upgraded MFA FINL INC/SH from a “market perform” rating to an “outperform” rating and set a $8.00 price target for the company in a report on Thursday, May 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. MFA FINL INC/SH presently has an average rating of “Hold” and an average price target of $7.83.
MFA FINL INC/SH 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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