MAS Advisors LLC Decreases Holdings in Hercules Capital, Inc. (NYSE:HTGC)

MAS Advisors LLC cut its holdings in shares of Hercules Capital, Inc. (NYSE:HTGC) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,921 shares of the financial services provider’s stock after selling 2,037 shares during the quarter. MAS Advisors LLC’s holdings in Hercules Capital were worth $380,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Kathleen S. Wright Associates Inc. purchased a new position in Hercules Capital in the 3rd quarter worth approximately $31,000. Avior Wealth Management LLC grew its holdings in shares of Hercules Capital by 177.2% in the fourth 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 last quarter. Farther Finance Advisors LLC increased its stake in shares of Hercules Capital by 59,650.0% in the third 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 during the period. Nomura Asset Management Co. Ltd. raised its holdings in Hercules Capital by 45.6% during the 3rd 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 during the last quarter. Finally, Armstrong Advisory Group Inc. boosted its position in Hercules Capital by 198.9% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 5,380 shares of the financial services provider’s stock valued at $106,000 after buying an additional 3,580 shares during the period. 19.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Hercules Capital Trading Up 0.0 %

Hercules Capital stock opened at $21.00 on Wednesday. Hercules Capital, Inc. has a 12-month low of $16.95 and a 12-month high of $21.78. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 10.39 and a beta of 1.35. The firm has a 50 day moving average of $19.93 and a 200 day moving average of $19.61. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.94.

Hercules Capital 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.