Trexquant Investment LP bought a new position in Hercules Capital, Inc. (NYSE:HTGC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 107,332 shares of the financial services provider's stock, valued at approximately $2,156,000. Trexquant Investment LP owned approximately 0.07% of Hercules Capital as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp increased its position in shares of Hercules Capital by 10.4% during the 4th quarter. Van ECK Associates Corp now owns 3,438,447 shares of the financial services provider's stock valued at $69,078,000 after purchasing an additional 323,028 shares during the last quarter. Strategic Financial Concepts LLC grew its position in Hercules Capital by 1,909.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 327,467 shares of the financial services provider's stock valued at $6,579,000 after acquiring an additional 311,167 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Hercules Capital during the fourth quarter worth approximately $3,281,000. JPMorgan Chase & Co. lifted its holdings in shares of Hercules Capital by 51.2% in the 4th quarter. JPMorgan Chase & Co. now owns 443,114 shares of the financial services provider's stock worth $8,902,000 after acquiring an additional 150,136 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of Hercules Capital during the 4th quarter valued at $2,324,000. Hedge funds and other institutional investors own 19.69% of the company's stock.

Several analysts have weighed in on HTGC shares. JMP Securities reissued a "market outperform" rating and issued a $22.00 price target on shares of Hercules Capital in a research note on Friday, February 14th. Compass Point increased their target price on Hercules Capital from $18.25 to $20.00 and gave the company a "neutral" rating in a report on Wednesday, February 19th. Keefe, Bruyette & Woods decreased their price target on Hercules Capital from $21.50 to $20.50 and set an "outperform" rating on the stock in a research note on Tuesday. Finally, Piper Sandler cut their target price on shares of Hercules Capital from $23.00 to $20.00 and set an "overweight" rating on the stock in a report on Tuesday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $20.70.

View Our Latest Report on Hercules Capital

NYSE HTGC opened at $16.19 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.72 and a current ratio of 2.72. Hercules Capital, Inc. has a fifty-two week low of $15.80 and a fifty-two week high of $22.04. The stock has a market cap of $2.80 billion, a P/E ratio of 10.06 and a beta of 1.13. The stock has a 50 day simple moving average of $19.74 and a two-hundred day simple moving average of $19.73.

Hercules Capital (NYSE:HTGC - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.49. The business had revenue of $121.78 million for the quarter, compared to the consensus estimate of $124.09 million. Hercules Capital had a net margin of 53.28% and a return on equity of 17.19%. On average, analysts forecast that Hercules Capital, Inc. will post 1.96 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 26th were given a dividend of $0.47 per share. The ex-dividend date was Wednesday, February 26th. This represents a $1.88 annualized dividend and a yield of 11.61%. Hercules Capital's payout ratio is 99.38%.

(Free Report)

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.

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