Hunt Companies Finance Trust (NYSE:HCFT) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday, 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. “

HCFT stock opened at $3.33 on Tuesday. The stock has a market cap of $77.70 million, a PE ratio of -10.74 and a beta of 1.28. 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 has a 1 year low of $2.76 and a 1 year high of $3.79.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC bought a new position in Hunt Companies Finance Trust in the 4th quarter valued at about $26,000. Charles Schwab Investment Management Inc. bought a new position in Hunt Companies Finance Trust in the 1st quarter valued at about $46,000. Kennedy Capital Management Inc. bought a new position in Hunt Companies Finance Trust in the 1st quarter valued at about $62,000. Morgan Stanley lifted its position in Hunt Companies Finance Trust by 151.4% in 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 position in Hunt Companies Finance Trust in the 1st quarter valued at about $131,000. 37.85% of the stock is currently owned by institutional investors and hedge funds.

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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