Advisors Preferred Lowers stake in MFA Financial (MFA)

MFA Financial (MFA) : Advisors Preferred reduced its stake in MFA Financial by 38.75% during the most recent quarter end. The investment management company now holds a total of 35,716 shares of MFA Financial which is valued at $252,512 after selling 22,594 shares in MFA Financial , the firm said in a disclosure report filed with the SEC on May 12, 2016.MFA Financial makes up approximately 0.13% of Advisors Preferred’s portfolio.

Other Hedge Funds, Including , Boston Partners boosted its stake in MFA in the latest quarter, The investment management firm added 16,934 additional shares and now holds a total of 4,692,257 shares of MFA Financial which is valued at $33.2 Million. MFA Financial makes up approx 0.05% of Boston Partners’s portfolio.Cutter Co Brokerage reduced its stake in MFA by selling 540 shares or 3.92% in the most recent quarter. The Hedge Fund company now holds 13,251 shares of MFA which is valued at $93,817. MFA Financial makes up approx 0.04% of Cutter Co Brokerage’s portfolio.Profund Advisors reduced its stake in MFA by selling 3,510 shares or 15.29% in the most recent quarter. The Hedge Fund company now holds 19,453 shares of MFA which is valued at $137,727. MFA Financial makes up approx 0.01% of Profund Advisors’s portfolio.State Of Wisconsin Investment Board reduced its stake in MFA by selling 11,150 shares or 4.15% in the most recent quarter. The Hedge Fund company now holds 257,430 shares of MFA which is valued at $1.8 Million. MFA Financial makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio.

MFA Financial opened for trading at $6.99 and hit $7.03 on the upside on Friday, eventually ending the session at $7.01, with a gain of 0.57% or 0.04 points. The heightened volatility saw the trading volume jump to 11,96,293 shares. Company has a market cap of $2,601 M.

On the company’s financial health, MFA Financial reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.18.Analysts expectations of $ 76.75.During the same quarter in the previous year, the company posted $0.21 EPS.

Many Wall Street Analysts have commented on MFA Financial. MFA Financial was Downgraded by Wells Fargo to ” Underperform” on Apr 11, 2016.

MFA Financial Inc. is a real estate investment trust (REIT). The Company is engaged in the real estate finance business.The Company through subsidiaries invests in residential mortgage assets including Agency mortgage backed securities (MBS) Non-Agency MBS and residential whole loans. The Company’s business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The Company’s Agency MBS portfolio consists of Hybrids 15-year fixed-rate mortgages and adjustable-rate mortgages (ARMs). The Hybrid loans have initial a fixed-rate periods at origination of three five seven or 10 years. The Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and MBS collateralized by re-performing and non-performing loans (RPL/NPL MBS).

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