Hunt Companies Finance Trust Inc (NYSE:HCFT) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokerages have set a twelve-month consensus target price of $3.88 for the company, according to Zacks. Zacks has also assigned Hunt Companies Finance Trust an industry rank of 78 out of 255 based on the ratings given to its competitors.
HCFT has been the subject of several recent analyst reports. JMP Securities upgraded shares of Hunt Companies Finance Trust from a “market perform” rating to a “market outperform” rating and set a $3.75 target price for the company in a research note on Thursday, January 10th. ValuEngine upgraded shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
HCFT traded down $0.08 during trading on Monday, hitting $3.46. 1 shares of the company’s stock were exchanged, compared to its average volume of 56,173. The company has a current ratio of 20.81, a quick ratio of 20.81 and a debt-to-equity ratio of 4.55. Hunt Companies Finance Trust has a fifty-two week low of $2.55 and a fifty-two week high of $3.79. The company has a market cap of $83.86 million, a price-to-earnings ratio of 7.40 and a beta of 1.33.
In other news, Director James Christopher Hunt bought 22,500 shares of Hunt Companies Finance Trust stock in a transaction dated Monday, January 7th. The stock was purchased at an average price of $3.02 per share, for a total transaction of $67,950.00. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last quarter, insiders bought 28,054 shares of company stock valued at $84,717. Company insiders own 0.92% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of HCFT. BlackRock Inc. bought a new position in Hunt Companies Finance Trust during the second quarter valued at about $596,000. Northern Trust Corp bought a new position in Hunt Companies Finance Trust during the second quarter valued at about $136,000. AXA bought a new position in Hunt Companies Finance Trust during the third quarter valued at about $12,528,000. Mackenzie Financial Corp grew its position in Hunt Companies Finance Trust by 27.9% during the third quarter. Mackenzie Financial Corp now owns 213,895 shares of the company’s stock valued at $802,000 after buying an additional 46,670 shares during the period. Finally, Deltec Asset Management LLC bought a new position in Hunt Companies Finance Trust during the fourth quarter valued at about $526,000. Institutional investors own 38.73% of the company’s stock.
About Hunt Companies Finance Trust
Hunt Companies Finance Trust, Inc, a real estate specialty finance company, focuses on investing in portfolio mortgage-backed securities (MBS), mortgages, and other real estate related assets. It invests in agency and non-agency residential MBS, multi-family MBS, mortgage-servicing rights, and other mortgage-related investments.
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