Hunt Companies Finance Trust Inc (NYSE:HCFT) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 30,400 shares, a growth of 28.3% from the August 30th total of 23,700 shares. Based on an average trading volume of 27,200 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.1% of the company’s shares are short sold.
Shares of Hunt Companies Finance Trust stock traded up $0.04 during trading hours on Friday, hitting $3.30. The company’s stock had a trading volume of 31,336 shares, compared to its average volume of 26,914. Hunt Companies Finance Trust has a 12 month low of $2.76 and a 12 month high of $3.64. The stock has a 50 day moving average of $3.31 and a 200 day moving average of $3.38. The company has a market capitalization of $77.46 million, a PE ratio of -10.65 and a beta of 1.28. The company has a debt-to-equity ratio of 5.00, a current ratio of 11.60 and a quick ratio of 11.60.
Hunt Companies Finance Trust (NYSE:HCFT) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). Hunt Companies Finance Trust had a return on equity of 8.28% and a net margin of 18.92%. The business had revenue of $4.04 million during the quarter. Equities analysts expect that Hunt Companies Finance Trust will post 0.35 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.30 annualized dividend and a dividend yield of 9.09%. Hunt Companies Finance Trust’s dividend payout ratio (DPR) is currently -96.77%.
Institutional investors have recently made changes to their positions in the business. Sawtooth Solutions LLC bought a new position in shares of Hunt Companies Finance Trust during the first quarter worth about $131,000. Punch & Associates Investment Management Inc. bought a new position in shares of Hunt Companies Finance Trust during the first quarter worth about $611,000. AE Wealth Management LLC grew its holdings in shares of Hunt Companies Finance Trust by 118.6% during the second quarter. AE Wealth Management LLC now owns 70,082 shares of the company’s stock worth $239,000 after buying an additional 38,027 shares in the last quarter. LSV Asset Management bought a new position in shares of Hunt Companies Finance Trust during the second quarter worth about $401,000. Finally, BlackRock Inc. grew its holdings in shares of Hunt Companies Finance Trust by 4.7% during the second quarter. BlackRock Inc. now owns 183,038 shares of the company’s stock worth $624,000 after buying an additional 8,155 shares in the last quarter. Institutional investors own 41.94% of the company’s stock.
Several brokerages have issued reports on HCFT. Zacks Investment Research upgraded Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 17th. ValuEngine downgraded Hunt Companies Finance Trust from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 4th.
About Hunt Companies Finance Trust
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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