Hunt Companies Finance Trust Inc
Change company Symbol lookup
Select an option...
HCFT Hunt Companies Finance Trust Inc
BHV BlackRock Virginia Municipal Bond Trust
JNJ Johnson & Johnson
TRQ Turquoise Hill Resources Ltd
STAA STAAR Surgical Co
PRPL Purple Innovation Inc
INTC Intel Corp
PSB PS Business Parks Inc
GWRE Guidewire Software Inc
UYM.TC ProShares Ultra Basic Materials ETF

Financials : Mortgage Real Estate Investment Trusts (REITs) | Small Cap Value
Company profile

Hunt Companies Finance Trust, Inc., formerly Five Oaks Investment Corp., is a real estate specialty finance company. The Company is focused on investing in a portfolio of mortgage-backed securities (MBS), mortgage loans and other real estate related investments. It is engaged in various real estate businesses, including multifamily ownership, non-bank agency lending, loan servicing, property management, construction, development and military housing. It offers a suite of products, including floating-rate transitional loans, fixed rate commercial real estate loans, mezzanine and preferred financing. It also provides Fannie, Freddie and federal housing administration (FHA) loans for multifamily, student housing, seniors, healthcare and manufactured housing. The Company is externally managed by Hunt Investment Management, LLC.

Closing Price
Day's Change
0.02 (0.72%)
B/A Size
Day's High
Day's Low

10-day average volume:

J.P. Morgan Chase, Bank of America stocks gain to buck broad-market selloff after Deutsche Bank upgrades

12:17 pm ET September 3, 2020 (MarketWatch)

Shares of J.P. Morgan Chase & Co. (JPM) rose 0.8% in midday trading Thursday, to buck the broad-market selloff, after Deutsche Bank analyst Matt O'Connor turned bullish on the banking giant, citing "attractive" valuation given recent underperformance and an improved outlook for the sector. O'Connor raises his rating to buy from hold, and lifted his price target to $115 from $105. The stock was one of just five of 30 Dow Jones Industrial Average components gaining ground, as the Dow tumbled 551 points, or 1.9%. O'Connor also upgraded Bank of America Corp. (BAC) to buy from hold, for similar reasons as J.P. Morgan, and BofA's stock inched up 0.1%. O'Connor said after being negative on banks all year, he thinks their relative performance should improve, as macro indicators have improved, fiscal and monetary policy remains accommodative and growth in COVID-19 cases has slowed in recent weeks. "But while the overall market has rallied, bank stocks have continued to lag--we believe mostly due to revenue growth concerns (prolonged low rates and weak loan growth) as well as an uncertain credit outlook," O'Connor wrote in a note to clients. Within the sector, he believes J.P. Morgan Chase and BofA are among the higher quality banks and have attractive valuations." Shares of J.P. Morgan Chase have dropped 26.5% and BofA have lost 26.6% year to date, while stock has lost 27.1% year to date through Wednesday, while the SPDR S&P Bank ETF (KBE) has shed 31.2% and the S&P 500 has gained 7.9%.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

September 03, 2020 12:17 ET (16:17 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.