Hunt Companies Finance Trust Inc (NYSE:HCFT) shares rose 52.9% during trading on Thursday following insider buying activity. The company traded as high as $1.75 and last traded at $1.82, approximately 294,783 shares were traded during trading. An increase of 113% from the average daily volume of 138,111 shares. The stock had previously closed at $1.19.

Specifically, CEO James Peter Flynn bought 24,000 shares of the business’s stock in a transaction dated Wednesday, March 25th. The shares were purchased at an average price of $1.19 per share, for a total transaction of $28,560.00. Following the completion of the acquisition, the chief executive officer now owns 87,180 shares of the company’s stock, valued at $103,744.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders bought 58,400 shares of company stock worth $72,986 in the last 90 days. Company insiders own 1.56% of the company’s stock.

The company has a quick ratio of 4.06, a current ratio of 4.06 and a debt-to-equity ratio of 5.02. The stock has a market cap of $24.94 million, a P/E ratio of 16.71 and a beta of 1.29. The firm’s fifty day moving average price is $2.69 and its 200-day moving average price is $3.14.

Hunt Companies Finance Trust (NYSE:HCFT) last released its quarterly earnings results on Monday, March 16th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.03). The company had revenue of $3.37 million during the quarter. Hunt Companies Finance Trust had a net margin of 16.05% and a return on equity of 6.93%. Sell-side analysts predict that Hunt Companies Finance Trust Inc will post 0.24 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 16.22%. The ex-dividend date of this dividend is Monday, March 30th. Hunt Companies Finance Trust’s dividend payout ratio (DPR) is currently 93.75%.

Large investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC bought a new stake in Hunt Companies Finance Trust in the fourth quarter valued at $59,000. State Street Corp boosted its holdings in Hunt Companies Finance Trust by 6.9% in the third quarter. State Street Corp now owns 59,628 shares of the company’s stock valued at $205,000 after acquiring an additional 3,871 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Hunt Companies Finance Trust in the fourth quarter valued at $230,000. AE Wealth Management LLC boosted its holdings in Hunt Companies Finance Trust by 18.6% in the fourth quarter. AE Wealth Management LLC now owns 85,204 shares of the company’s stock valued at $275,000 after acquiring an additional 13,389 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its holdings in Hunt Companies Finance Trust by 20.5% in the fourth quarter. Punch & Associates Investment Management Inc. now owns 1,010,785 shares of the company’s stock valued at $3,265,000 after acquiring an additional 172,000 shares in the last quarter. Institutional investors and hedge funds own 43.37% of the company’s stock.

Hunt Companies Finance Trust Company Profile (NYSE:HCFT)

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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