Hercules Capital, Inc. (NYSE:HTGC) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in shares of Hercules Capital, Inc. (NYSE:HTGC - Free Report) by 224.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,791 shares of the financial services provider's stock after purchasing an additional 75,939 shares during the period. Quantbot Technologies LP owned about 0.07% of Hercules Capital worth $2,206,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HTGC. Avior Wealth Management LLC increased its stake in Hercules Capital by 177.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,802 shares of the financial services provider's stock worth $36,000 after buying an additional 1,152 shares during the period. Archer Investment Corp grew its stake in Hercules Capital by 345.4% in the 4th quarter. Archer Investment Corp now owns 2,325 shares of the financial services provider's stock worth $47,000 after acquiring an additional 1,803 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Hercules Capital by 45.6% during 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 acquiring an additional 1,279 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Hercules Capital by 199.6% in the fourth quarter. Jones Financial Companies Lllp now owns 4,042 shares of the financial services provider's stock valued at $81,000 after purchasing an additional 2,693 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of Hercules Capital by 86.6% in the fourth quarter. Signaturefd LLC now owns 6,634 shares of the financial services provider's stock valued at $133,000 after purchasing an additional 3,079 shares during the period. 19.69% of the stock is owned by hedge funds and other institutional investors.

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Hercules Capital Stock Up 0.6 %

Shares of HTGC traded up $0.13 during trading hours on Tuesday, hitting $19.45. The company had a trading volume of 597,260 shares, compared to its average volume of 1,005,157. Hercules Capital, Inc. has a one year low of $16.95 and a one year high of $22.04. The company's fifty day moving average price is $20.32 and its two-hundred day moving average price is $19.80. The company has a market capitalization of $3.37 billion, a PE ratio of 12.06 and a beta of 1.38. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.89.

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

Hercules Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 26th were paid a $0.47 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $1.88 annualized dividend and a yield of 9.67%. Hercules Capital's dividend payout ratio (DPR) is 99.38%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HTGC shares. Keefe, Bruyette & Woods raised Hercules Capital from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $19.50 to $21.50 in a research report on Thursday, December 12th. JMP Securities restated a "market outperform" rating and issued a $22.00 price objective on shares of Hercules Capital in a report on Friday, February 14th. Finally, Compass Point increased their target price on shares of Hercules Capital from $18.25 to $20.00 and gave the stock a "neutral" rating in a report on Wednesday, February 19th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $21.40.

Hercules Capital Company Profile

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.