Hercules Capital, Inc. (NYSE:HTGC) Shares Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC lifted its stake in shares of Hercules Capital, Inc. (NYSE:HTGC - Free Report) by 11.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,542 shares of the financial services provider's stock after purchasing an additional 15,467 shares during the period. Mount Yale Investment Advisors LLC owned 0.09% of Hercules Capital worth $2,964,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HTGC. Envestnet Asset Management Inc. boosted its position in shares of Hercules Capital by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 186,835 shares of the financial services provider's stock valued at $3,821,000 after acquiring an additional 38,131 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of Hercules Capital by 13.9% in the 2nd quarter. ProShare Advisors LLC now owns 23,771 shares of the financial services provider's stock valued at $486,000 after buying an additional 2,902 shares during the period. Evergreen Capital Management LLC acquired a new stake in shares of Hercules Capital during the 2nd quarter worth approximately $207,000. Mackenzie Financial Corp raised its position in shares of Hercules Capital by 77.0% during the 2nd quarter. Mackenzie Financial Corp now owns 31,632 shares of the financial services provider's stock valued at $647,000 after buying an additional 13,765 shares during the period. Finally, Cetera Investment Advisers grew its position in Hercules Capital by 4.5% in the second quarter. Cetera Investment Advisers now owns 132,540 shares of the financial services provider's stock worth $2,710,000 after acquiring an additional 5,751 shares during the period. 19.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HTGC has been the topic of a number of research analyst reports. JMP Securities restated a "market outperform" rating and issued a $22.00 target price on shares of Hercules Capital in a research report on Monday, January 6th. Keefe, Bruyette & Woods raised shares of Hercules Capital from a "market perform" rating to an "outperform" rating and upped their target price for the company from $19.50 to $21.50 in a research report on Thursday, December 12th. Finally, Wells Fargo & Company lifted their price target on shares of Hercules Capital from $20.00 to $21.00 and gave the company an "overweight" rating in a research report on Tuesday, October 29th.

Hercules Capital Trading Down 1.2 %

Hercules Capital stock traded down $0.26 during midday trading on Monday, reaching $20.83. 720,055 shares of the stock traded hands, compared to its average volume of 967,399. The firm has a market cap of $3.38 billion, a PE ratio of 10.31 and a beta of 1.35. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.94. The company has a 50-day simple moving average of $19.63 and a two-hundred day simple moving average of $19.63. Hercules Capital, Inc. has a 12-month low of $16.72 and a 12-month high of $21.78.

Hercules Capital (NYSE:HTGC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.51 earnings per share for the quarter, meeting analysts' consensus estimates of $0.51. Hercules Capital had a net margin of 65.07% and a return on equity of 17.88%. The firm had revenue of $125.25 million during the quarter, compared to analysts' expectations of $125.80 million. During the same quarter in the previous year, the business posted $0.52 earnings per share. Research analysts expect that Hercules Capital, Inc. will post 2.01 earnings per share for the current fiscal year.

About Hercules Capital

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.