Zacks Investment Research upgraded shares of Hunt Companies Finance Trust (NYSE:HCFT) from a sell rating to a hold rating in a research note issued to investors on Wednesday morning, 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. “

Separately, ValuEngine lowered shares of Zumiez from a hold rating to a sell rating in a research note on Tuesday, July 2nd.

Shares of NYSE HCFT opened at $3.38 on Wednesday. The firm has a market cap of $80.30 million, a price-to-earnings ratio of 16.95 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 1-year low of $2.76 and a 1-year high of $3.79. The business has a fifty day moving average of $3.40.

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were paid a $0.075 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This is a positive change from Hunt Companies Finance Trust’s previous quarterly dividend of $0.07. This represents a $0.30 dividend on an annualized basis and a yield of 8.88%. Hunt Companies Finance Trust’s dividend payout ratio is presently -96.77%.

An institutional investor recently bought a new position in Hunt Companies Finance Trust stock. Sawtooth Solutions LLC acquired a new position in shares of Hunt Companies Finance Trust Inc (NYSE:HCFT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,526 shares of the company’s stock, valued at approximately $131,000. Sawtooth Solutions LLC owned about 0.16% of Hunt Companies Finance Trust at the end of the most recent reporting period. 37.85% of the stock is currently owned by institutional investors.

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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