Hunt Companies Finance Trust Inc (NYSE:HCFT) CEO James Peter Flynn Buys 24,000 Shares of Stock

Hunt Companies Finance Trust Inc (NYSE:HCFT) CEO James Peter Flynn acquired 24,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was bought at an average cost of $1.19 per share, with a total value of $28,560.00. Following the purchase, the chief executive officer now owns 87,180 shares in the company, valued at $103,744.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

James Peter Flynn also recently made the following trade(s):

  • On Thursday, March 19th, James Peter Flynn acquired 5,000 shares of Hunt Companies Finance Trust stock. The stock was bought at an average cost of $1.38 per share, with a total value of $6,900.00.

NYSE:HCFT traded up $0.63 on Thursday, hitting $1.82. The company had a trading volume of 6,405 shares, compared to its average volume of 138,111. The firm has a 50 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 price-to-earnings ratio of 17.82 and a beta of 1.29. Hunt Companies Finance Trust Inc has a 52 week low of $0.86 and a 52 week 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 released its quarterly earnings results on Monday, March 16th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.03). The business had revenue of $3.37 million for the quarter. Hunt Companies Finance Trust had a net margin of 16.05% and a return on equity of 6.93%. As a group, equities analysts forecast that Hunt Companies Finance Trust Inc will post 0.24 EPS for the current year.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. AE Wealth Management LLC increased its position in shares of Hunt Companies Finance Trust by 18.6% during the fourth quarter. AE Wealth Management LLC now owns 85,204 shares of the company’s stock worth $275,000 after buying an additional 13,389 shares during the period. State Street Corp increased its position in shares of Hunt Companies Finance Trust by 6.9% during the third quarter. State Street Corp now owns 59,628 shares of the company’s stock worth $205,000 after buying an additional 3,871 shares during the period. Punch & Associates Investment Management Inc. increased its position in shares of Hunt Companies Finance Trust by 20.5% during the fourth quarter. Punch & Associates Investment Management Inc. now owns 1,010,785 shares of the company’s stock worth $3,265,000 after buying an additional 172,000 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Hunt Companies Finance Trust during the fourth quarter worth $59,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Hunt Companies Finance Trust during the fourth quarter worth $230,000. Institutional investors own 43.37% of the company’s stock.

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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