Hunt Companies Finance Trust (NYSE:HCFT) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Wednesday. The brokerage presently has a $4.00 target price on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 12.04% from the stock’s current price.

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. “

A number of other equities research analysts have also recently issued reports on HCFT. ValuEngine upgraded shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. JMP Securities upgraded shares of Hunt Companies Finance Trust from a “market perform” rating to a “market outperform” rating and set a $3.75 price objective for the company in a report on Thursday, January 10th.

Hunt Companies Finance Trust stock opened at $3.57 on Wednesday. The company has a debt-to-equity ratio of 4.55, a quick ratio of 20.81 and a current ratio of 20.81. Hunt Companies Finance Trust has a 12 month low of $2.55 and a 12 month high of $3.79. The firm has a market cap of $85.30 million, a PE ratio of 7.44 and a beta of 1.33.

Hunt Companies Finance Trust (NYSE:HCFT) last posted its quarterly earnings results on Monday, March 18th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04). Hunt Companies Finance Trust had a net margin of 2.79% and a return on equity of 8.47%. The company had revenue of $4.60 million for the quarter. As a group, equities analysts expect that Hunt Companies Finance Trust will post 0.35 earnings per share for the current fiscal year.

In other Hunt Companies Finance Trust news, Director James Christopher Hunt acquired 22,500 shares of the firm’s stock in a transaction that occurred on Monday, January 7th. The stock was purchased at an average cost of $3.02 per share, for a total transaction of $67,950.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders purchased 28,054 shares of company stock valued at $84,717 over the last quarter. 0.92% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the stock. Northern Trust Corp acquired a new position in Hunt Companies Finance Trust during the 2nd quarter worth $136,000. AXA acquired a new position in Hunt Companies Finance Trust during the 3rd quarter worth $12,528,000. Mackenzie Financial Corp lifted its position in Hunt Companies Finance Trust by 27.9% during the 3rd quarter. Mackenzie Financial Corp now owns 213,895 shares of the company’s stock worth $802,000 after acquiring an additional 46,670 shares during the last quarter. Deltec Asset Management LLC acquired a new position in Hunt Companies Finance Trust during the 4th quarter worth $526,000. Finally, PL Capital Advisors LLC lifted its position in Hunt Companies Finance Trust by 13.7% during the 4th quarter. PL Capital Advisors LLC now owns 831,338 shares of the company’s stock worth $2,378,000 after acquiring an additional 100,000 shares during the last quarter. Hedge funds and other institutional investors own 38.73% 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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