ValuEngine Upgrades Hunt Companies Finance Trust (NYSE:HCFT) to “Sell”

Hunt Companies Finance Trust (NYSE:HCFT) was upgraded by ValuEngine from a “strong sell” rating to a “sell” rating in a report issued on Thursday, ValuEngine reports.

Separately, Zacks Investment Research upgraded Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 17th.

NYSE:HCFT traded down $0.04 on Thursday, hitting $3.31. The stock had a trading volume of 12,756 shares, compared to its average volume of 30,715. The company’s fifty day moving average price is $3.41. The company has a market cap of $78.41 million, a P/E ratio of -10.68 and a beta of 1.29. The company has a debt-to-equity ratio of 4.98, a quick ratio of 10.35 and a current ratio of 10.35. Hunt Companies Finance Trust has a 52 week low of $2.76 and a 52 week high of $3.79.

Institutional investors have recently modified their holdings of the company. Sawtooth Solutions LLC purchased a new stake in shares of Hunt Companies Finance Trust in the first quarter worth approximately $131,000. Punch & Associates Investment Management Inc. purchased a new stake in shares of Hunt Companies Finance Trust in the first quarter worth approximately $611,000. Finally, AE Wealth Management LLC raised its stake in shares of Hunt Companies Finance Trust by 118.6% in the second quarter. AE Wealth Management LLC now owns 70,082 shares of the company’s stock worth $239,000 after purchasing an additional 38,027 shares during the last quarter. 38.00% of the stock is owned by hedge funds and other institutional investors.

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.

Featured Article: What is the price-to-earnings growth (PEG) ratio?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Hunt Companies Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunt Companies Finance Trust and related companies with MarketBeat.com's FREE daily email newsletter.