Harvest Capital Credit Corp. (NASDAQ:HCAP) major shareholder Jmp Group Llc purchased 1,570 shares of the business’s stock in a transaction that occurred on Wednesday, November 9th. The stock was bought at an average cost of $12.05 per share, with a total value of $18,918.50. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jmp Group Llc also recently made the following trade(s):

  • On Tuesday, November 8th, Jmp Group Llc acquired 26,785 shares of Harvest Capital Credit Corp. stock. The stock was acquired at an average price of $12.03 per share, with a total value of $322,223.55.
  • On Thursday, November 3rd, Jmp Group Llc acquired 9,226 shares of Harvest Capital Credit Corp. stock. The stock was acquired at an average price of $12.05 per share, with a total value of $111,173.30.
  • On Monday, October 31st, Jmp Group Llc acquired 1,905 shares of Harvest Capital Credit Corp. stock. The stock was acquired at an average price of $12.05 per share, with a total value of $22,955.25.
  • On Monday, October 24th, Jmp Group Llc acquired 700 shares of Harvest Capital Credit Corp. stock. The stock was acquired at an average price of $12.05 per share, with a total value of $8,435.00.
  • On Wednesday, October 26th, Jmp Group Llc acquired 4,117 shares of Harvest Capital Credit Corp. stock. The stock was acquired at an average price of $12.05 per share, with a total value of $49,609.85.
  • On Monday, October 17th, Jmp Group Llc acquired 6,051 shares of Harvest Capital Credit Corp. stock. The stock was acquired at an average price of $12.05 per share, with a total value of $72,914.55.

Harvest Capital Credit Corp. (NASDAQ:HCAP) opened at 12.7399 on Wednesday. Harvest Capital Credit Corp. has a 52-week low of $9.93 and a 52-week high of $13.50. The stock’s 50 day moving average price is $12.20 and its 200 day moving average price is $12.62.

Harvest Capital Credit Corp. (NASDAQ:HCAP) last announced its quarterly earnings results on Wednesday, November 9th. The investment management company reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.14. Harvest Capital Credit Corp. had a return on equity of 12.62% and a net margin of 23.91%. Equities analysts forecast that Harvest Capital Credit Corp. will post $1.53 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Harvest Capital Credit Corp. (NASDAQ:HCAP)

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 28th. Investors of record on Monday, November 21st will be given a dividend of $0.1125 per share. The ex-dividend date of this dividend is Thursday, November 17th. This represents a $1.35 annualized dividend and a dividend yield of 10.60%. Harvest Capital Credit Corp.’s dividend payout ratio is currently 158.82%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Stifel Financial Corp increased its position in shares of Harvest Capital Credit Corp. by 5.2% in the second quarter. Stifel Financial Corp now owns 10,811 shares of the investment management company’s stock valued at $138,000 after buying an additional 536 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Harvest Capital Credit Corp. by 25.5% in the second quarter. Janney Montgomery Scott LLC now owns 73,227 shares of the investment management company’s stock valued at $859,000 after buying an additional 14,866 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Harvest Capital Credit Corp. during the second quarter valued at about $161,000. GSA Capital Partners LLP increased its position in shares of Harvest Capital Credit Corp. by 35.8% in the second quarter. GSA Capital Partners LLP now owns 20,100 shares of the investment management company’s stock valued at $257,000 after buying an additional 5,300 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. increased its position in shares of Harvest Capital Credit Corp. by 3.6% in the second quarter. Punch & Associates Investment Management Inc. now owns 292,641 shares of the investment management company’s stock valued at $3,740,000 after buying an additional 10,190 shares in the last quarter. Hedge funds and other institutional investors own 8.72% of the company’s stock.

Several brokerages recently weighed in on HCAP. William Blair lowered Harvest Capital Credit Corp. from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 11th. Zacks Investment Research lowered Harvest Capital Credit Corp. from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 19th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $13.75.

Harvest Capital Credit Corp. Company Profile

Harvest Capital Credit Corporation is an externally managed, closed-end, non-diversified management investment company. The Company operates as a business development company and provides customized financing solutions for small to mid-sized companies. Its investment objective is to generate both current income and capital appreciation by making direct investments in the form of subordinated debt, senior debt, and to a lesser extent, minority equity investments in privately-held the United States small to mid-sized companies.

5 Day Chart for NASDAQ:HCAP

Receive News & Stock Ratings for Harvest Capital Credit Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harvest Capital Credit Corp. and related stocks with our FREE daily email newsletter.