Hercules Capital, Inc. (NYSE:HTGC) Shares Purchased by TFG Advisers LLC
TFG Advisers LLC grew its position in shares of Hercules Capital, Inc. (NYSE:HTGC - Free Report) by 37.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,268 shares of the financial services provider's stock after buying an additional 13,614 shares during the quarter. TFG Advisers LLC's holdings in Hercules Capital were worth $1,010,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in HTGC. Kathleen S. Wright Associates Inc. acquired a new position in shares of Hercules Capital during the third quarter worth about $31,000. Avior Wealth Management LLC increased its position in Hercules Capital by 177.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,802 shares of the financial services provider's stock worth $36,000 after purchasing an additional 1,152 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Hercules Capital by 59,650.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,390 shares of the financial services provider's stock worth $47,000 after buying an additional 2,386 shares in the last quarter. Archer Investment Corp lifted its holdings in shares of Hercules Capital by 345.4% in the 4th quarter. Archer Investment Corp now owns 2,325 shares of the financial services provider's stock valued at $47,000 after buying an additional 1,803 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Hercules Capital by 45.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 4,086 shares of the financial services provider's stock valued at $80,000 after buying an additional 1,279 shares in the last quarter. Institutional investors and hedge funds own 19.69% of the company's stock.
Shares of HTGC stock opened at $20.87 on Friday. Hercules Capital, Inc. has a fifty-two week low of $16.95 and a fifty-two week high of $21.78. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.94. The business has a fifty day simple moving average of $20.05 and a 200-day simple moving average of $19.63. The stock has a market cap of $3.39 billion, a P/E ratio of 10.33 and a beta of 1.35.
A number of equities research analysts have commented on HTGC shares. JMP Securities reissued a "market outperform" rating and issued a $22.00 target price on shares of Hercules Capital in a report on Monday, January 6th. Keefe, Bruyette & Woods upgraded shares of Hercules Capital from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $19.50 to $21.50 in a research note on Thursday, December 12th. Finally, Wells Fargo & Company upped their target price on shares of Hercules Capital from $20.00 to $21.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 29th.
Get Our Latest Stock Analysis on HTGC
Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.
Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hercules Capital, Inc. (NYSE:HTGC - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
Before you consider Hercules Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hercules Capital wasn't on the list.
While Hercules Capital currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
