Hunt Companies Finance Trust (NYSE:HCFT) was upgraded by stock analysts at JMP Securities from a “market perform” rating to a “market outperform” rating in a report issued on Thursday. The brokerage currently has a $3.75 price target on the stock. JMP Securities’ target price would suggest a potential upside of 13.98% from the company’s current price.

Separately, ValuEngine upgraded shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.

Shares of NYSE HCFT traded up $0.11 during mid-day trading on Thursday, reaching $3.29. 53,147 shares of the company traded hands, compared to its average volume of 38,831. Hunt Companies Finance Trust has a fifty-two week low of $2.55 and a fifty-two week high of $3.98. The company has a debt-to-equity ratio of 4.55, a current ratio of 20.81 and a quick ratio of 20.81. The firm has a market capitalization of $73.91 million, a PE ratio of 6.85 and a beta of 1.05.

In related news, Director James Christopher Hunt acquired 15,000 shares of the stock in a transaction that occurred on Monday, December 17th. The shares were acquired at an average price of $3.30 per share, for a total transaction of $49,500.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have purchased 73,054 shares of company stock worth $235,132 in the last quarter. Company insiders own 0.92% of the company’s stock.

Large investors have recently modified their holdings of the stock. Northern Trust Corp bought a new stake in Hunt Companies Finance Trust during the second quarter worth approximately $136,000. BlackRock Inc. bought a new stake in Hunt Companies Finance Trust during the second quarter worth approximately $596,000. Clear Harbor Asset Management LLC boosted its holdings in Hunt Companies Finance Trust by 92.0% during the third quarter. Clear Harbor Asset Management LLC now owns 196,363 shares of the company’s stock worth $681,000 after buying an additional 94,113 shares in the last quarter. Mackenzie Financial Corp boosted its holdings 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 worth $802,000 after buying an additional 46,670 shares in the last quarter. Finally, FMR LLC bought a new stake in Hunt Companies Finance Trust during the second quarter worth approximately $1,934,000. Hedge funds and other institutional investors own 36.47% 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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