This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

This Stock Has A 10.71% Yield, Sells For Less Than Book, and Insiders Have Been Buying

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is MFA Financial, Inc. (MFA), which saw buying by Senior Vice President Sunil Yadav.

START SLIDESHOW:
The Top DividendRank'ed Stocks With Insider Buying »

Back on November 22, Yadav invested $12,996.00 into 1,800 shares of MFA, for a cost per share of $7.22. In trading on Thursday, shares were changing hands as low as $7.44 per share, which is 3.0% above Yadav's purchase price. It should be noted that Yadav has collected $0.20/share in dividends since the time of their purchase, so they are currently up 5.8% on their purchase from a total return basis. MFA Financial, Inc. shares are currently trading +0.13% on the day. The chart below shows the one year performance of MFA shares, versus its 200 day moving average:

MFA Financial, Inc. Chart

Looking at the chart above, MFA's low point in its 52 week range is $6.98 per share, with $9.59 as the 52 week high point — that compares with a last trade of $7.49. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs