Sawtooth Solutions LLC Acquires New Stake in Hunt Companies Finance Trust Inc (NYSE:HCFT)

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Sawtooth Solutions LLC acquired a new stake in shares of Hunt Companies Finance Trust Inc (NYSE:HCFT) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,526 shares of the company’s stock, valued at approximately $131,000.

Separately, Acadian Asset Management LLC bought a new position in shares of Hunt Companies Finance Trust in the 4th quarter worth $26,000. Institutional investors and hedge funds own 37.85% of the company’s stock.

HCFT opened at $3.48 on Friday. Hunt Companies Finance Trust Inc has a 52 week low of $2.76 and a 52 week high of $3.79. The firm has a market cap of $81.01 million, a PE ratio of -11.23 and a beta of 1.28. The company has a quick ratio of 10.35, a current ratio of 10.35 and a debt-to-equity ratio of 4.98.

Hunt Companies Finance Trust (NYSE:HCFT) last released its earnings results on Monday, March 18th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.04). The company had revenue of $4.60 million during the quarter. Hunt Companies Finance Trust had a negative net margin of 34.23% and a positive return on equity of 8.04%. Equities research analysts predict that Hunt Companies Finance Trust Inc will post 0.39 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a $0.075 dividend. The ex-dividend date is Thursday, June 27th. This is a boost 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 8.62%. Hunt Companies Finance Trust’s dividend payout ratio (DPR) is currently -90.32%.

Separately, Zacks Investment Research upgraded Hunt Companies Finance Trust from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a research note on Wednesday, March 20th.

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Hunt Companies Finance Trust 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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Institutional Ownership by Quarter for Hunt Companies Finance Trust (NYSE:HCFT)

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