Trading volume for Hercules Capital, Inc. BB&T Securities LLC now owns 55,940 shares of the financial services provider's stock worth $740,000 after acquiring an additional 41,379 shares during the period. Capstone Investment Advisors LLC owned approximately 0.05% of Hercules Capital worth $562,000 at the end of the most recent quarter.
Other equities analysts have also recently issued reports about the company. As of the end of the quarter Next Financial Group, Inc had bought 825 shares growing its position 110.0%. Edge Asset Management, Inc claims 1,698,771 shares with a value of $25,702,000. Bank of Montreal Can boosted its holdings in Hercules Capital by 846.3% in the first quarter. BB&T Securities LLC boosted its holdings in Hercules Capital by 284.2% in the second quarter. Homrich & Berg boosted its holdings in Hercules Capital by 2.3% in the second quarter.
Hercules Capital (NYSE:HTGC) last released its quarterly earnings data on Thursday, August 3rd. Confluence Investment Management LLC now owns 723,872 shares of the company's stock worth $9,816,000 after buying an additional 29,958 shares in the last quarter. Volume was up 114.27% over the stocks average daily volume. The stock is trading at $25.49 a bit higher than $25.46, the stock's 50 day moving average and barely below the 200 day moving average of $25.54. With short interest at 9,850 and short average daily volume at 13,966, the short-interest ratio is 1.0 and the short interest percentage is 0.00% as of August 31.
Hercules Capital (NYSE:HTGC) opened at 12.39 on Monday. Hercules Capital had a net margin of 38.69% and a return on equity of 12.93%. The firm had revenue of $48.45 million for the quarter, compared to analyst estimates of $48.25 million. During the same period in the prior year, the company earned $0.29 earnings per share. The firm's revenue was up 11.3% compared to the same quarter previous year.
The most current P/E ratio is 36.1047 and the market value is 256.40M.
The business also recently declared a quarterly dividend, which was paid on Monday, August 21st. Shareholders of record on Monday, March 6th will be paid a dividend of $0.31 per share. The financial services provider reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The ex-dividend date was Thursday, August 10th.
Institutional investors have recently added to or reduced their stakes in the business. The stock now has an average rating of "Hold" and a consensus target price of $14.94.
On August 4, 2017 the stock rating was rated "Underperform" in a report from Raymond James which was a cut from the previous "Outperform" rating. They noted that the move was a valuation call. Jefferies Group LLC reaffirmed a "buy" rating and set a $16.00 price target (up from $15.00) on shares of Hercules Capital in a report on Friday, January 27th. Finally, ValuEngine downgraded shares of Hercules Capital from a "buy" rating to a "hold" rating in a research report on Friday, September 1st. BidaskClub lowered Hercules Capital from a "buy" rating to a "hold" rating in a research note on Sunday, July 30th.
Hercules Capital, Inc., launched on December 18, 2003, is a specialty finance company. The Company is focused on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences and sustainable and renewable technology industries.