Zacks Investment Research downgraded shares of Hunt Companies Finance Trust (NYSE:HCFT) from a hold rating to a sell rating in a research note released on Wednesday, Zacks.com reports.

According to Zacks, “Hunt Companies Finance Trust, Inc. operates as a real estate specialty finance company. It focuses on portfolio of mortgage-backed securities, loans and other real estate related investments. Hunt Companies Finance Trust Inc., formerly known as Five Oaks Investment Corp., is based in New York, United States. “

Shares of NYSE:HCFT opened at $3.28 on Wednesday. Hunt Companies Finance Trust has a 1 year low of $2.76 and a 1 year high of $3.79. The stock has a market cap of $78.88 million, a P/E ratio of 16.65 and a beta of 1.32. The company has a current ratio of 10.35, a quick ratio of 10.35 and a debt-to-equity ratio of 4.98.

Hunt Companies Finance Trust (NYSE:HCFT) last announced its quarterly earnings results on Monday, March 18th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). Hunt Companies Finance Trust had a negative net margin of 34.23% and a positive return on equity of 8.04%. The business had revenue of $4.60 million for the quarter. On average, analysts expect that Hunt Companies Finance Trust will post 0.39 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Acadian Asset Management LLC purchased a new position in Hunt Companies Finance Trust during the 4th quarter valued at about $26,000. Charles Schwab Investment Management Inc. bought a new stake in Hunt Companies Finance Trust during the 1st quarter valued at approximately $46,000. Kennedy Capital Management Inc. bought a new stake in Hunt Companies Finance Trust during the 1st quarter valued at approximately $62,000. Morgan Stanley boosted its position in Hunt Companies Finance Trust by 151.4% during the 1st quarter. Morgan Stanley now owns 32,130 shares of the company’s stock valued at $112,000 after acquiring an additional 19,351 shares in the last quarter. Finally, Sawtooth Solutions LLC bought a new stake in Hunt Companies Finance Trust during the 1st quarter valued at approximately $131,000. Institutional investors own 37.85% of the company’s stock.

Hunt Companies Finance Trust Company Profile

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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