Investment analysts at Ladenburg Thalmann Financial Services assumed coverage on shares of WhiteHorse Finance (NASDAQ:WHF) in a report issued on Tuesday. The brokerage set a “neutral” rating on the investment management company’s stock.

Other research analysts have also issued research reports about the stock. Robert W. Baird lowered shares of WhiteHorse Finance from an “outperform” rating to a “neutral” rating and set a $15.00 price objective for the company. in a research note on Monday, October 23rd. ValuEngine lowered shares of WhiteHorse Finance from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 7th. BidaskClub raised shares of WhiteHorse Finance from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Oppenheimer began coverage on shares of WhiteHorse Finance in a research note on Thursday, November 30th. They issued a “buy” rating and a $15.00 price objective for the company. Finally, Zacks Investment Research raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. WhiteHorse Finance currently has an average rating of “Hold” and a consensus price target of $15.00.

WhiteHorse Finance (WHF) opened at $13.75 on Tuesday. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.64. WhiteHorse Finance has a 12 month low of $12.06 and a 12 month high of $15.05. The company has a market cap of $292.38, a P/E ratio of 10.24 and a beta of 0.74.

Institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in WhiteHorse Finance by 211.1% during the second quarter. Goldman Sachs Group Inc. now owns 46,229 shares of the investment management company’s stock worth $618,000 after purchasing an additional 31,367 shares in the last quarter. Ativo Capital Management LLC acquired a new stake in WhiteHorse Finance during the second quarter worth approximately $1,097,000. IFP Advisors Inc acquired a new stake in WhiteHorse Finance during the third quarter worth approximately $743,000. Macquarie Group Ltd. acquired a new stake in WhiteHorse Finance during the third quarter worth approximately $539,000. Finally, Ares Management LLC raised its holdings in WhiteHorse Finance by 5.5% during the second quarter. Ares Management LLC now owns 411,234 shares of the investment management company’s stock worth $5,498,000 after purchasing an additional 21,345 shares in the last quarter. Institutional investors own 9.22% of the company’s stock.

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About WhiteHorse Finance

WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years.

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