MFA Financial, Inc. $MFA Shares Acquired by BlackRock Inc.

BlackRock Inc. increased its stake in MFA Financial, Inc. (NYSE:MFA) by 3% in the second quarter, acquiring an additional 271,707 shares and now owning 9.31% of the company. Institutional investors hold 65.28% of MFA Financial, which recently traded near its 52-week low at $8.85 and offers a 16.3% annualized dividend yield. Analysts have a "Moderate Buy" consensus rating with an average price target of $10.46, suggesting potential upside.