Walter C. Keenan Acquires 16,700 Shares of Hunt Companies Finance Trust Inc (NYSE:HCFT) Stock

Hunt Companies Finance Trust Inc (NYSE:HCFT) Director Walter C. Keenan purchased 16,700 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was bought at an average cost of $1.19 per share, for a total transaction of $19,873.00.

Shares of NYSE:HCFT traded up $0.63 during trading on Thursday, reaching $1.82. The company had a trading volume of 6,405 shares, compared to its average volume of 138,111. The company has a fifty day moving average of $2.69 and a two-hundred day moving average of $3.14. The stock has a market capitalization of $24.94 million, a P/E ratio of 17.82 and a beta of 1.29. Hunt Companies Finance Trust Inc has a 12 month low of $0.86 and a 12 month high of $3.62. The company has a current ratio of 4.06, a quick ratio of 4.06 and a debt-to-equity ratio of 5.02.

Hunt Companies Finance Trust (NYSE:HCFT) last issued its quarterly earnings results on Monday, March 16th. The company reported $0.06 EPS for the quarter, missing the Zacks’ 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 return on equity of 6.93% and a net margin of 16.05%. As a group, equities research analysts predict that Hunt Companies Finance Trust Inc will post 0.24 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.075 dividend. The ex-dividend date of this dividend is Monday, March 30th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 16.48%. Hunt Companies Finance Trust’s dividend payout ratio (DPR) is 93.75%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC purchased a new stake in Hunt Companies Finance Trust during the 4th quarter valued at $59,000. State Street Corp lifted its position in shares of Hunt Companies Finance Trust by 6.9% in the 3rd quarter. State Street Corp now owns 59,628 shares of the company’s stock worth $205,000 after purchasing an additional 3,871 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Hunt Companies Finance Trust in the 4th quarter worth about $230,000. AE Wealth Management LLC lifted its position in shares of Hunt Companies Finance Trust by 18.6% in the 4th quarter. AE Wealth Management LLC now owns 85,204 shares of the company’s stock worth $275,000 after purchasing an additional 13,389 shares during the period. Finally, Punch & Associates Investment Management Inc. lifted its position in shares of Hunt Companies Finance Trust by 20.5% in the 4th quarter. Punch & Associates Investment Management Inc. now owns 1,010,785 shares of the company’s stock worth $3,265,000 after purchasing an additional 172,000 shares during the period. 43.37% of the stock is 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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