Shares of WhiteHorse Finance Inc (NASDAQ:WHF) have been assigned an average rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $14.33.

Several research firms have recently issued reports on WHF. Zacks Investment Research upgraded shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Saturday, February 9th. BidaskClub upgraded shares of WhiteHorse Finance from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th.

NASDAQ WHF opened at $14.22 on Thursday. WhiteHorse Finance has a 1 year low of $11.89 and a 1 year high of $15.80. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.83 and a quick ratio of 1.83. The firm has a market capitalization of $291.55 million, a PE ratio of 9.48 and a beta of 0.72.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Tuesday, March 26th will be paid a $0.355 dividend. The ex-dividend date of this dividend is Monday, March 25th. This represents a $1.42 annualized dividend and a dividend yield of 9.99%. WhiteHorse Finance’s payout ratio is 94.67%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Legal & General Group Plc lifted its position in shares of WhiteHorse Finance by 12.0% in the 4th quarter. Legal & General Group Plc now owns 89,166 shares of the investment management company’s stock worth $1,139,000 after purchasing an additional 9,546 shares during the period. Citigroup Inc. lifted its position in shares of WhiteHorse Finance by 164.4% in the 4th quarter. Citigroup Inc. now owns 4,760 shares of the investment management company’s stock worth $61,000 after purchasing an additional 2,960 shares during the period. Advisor Group Inc. lifted its position in shares of WhiteHorse Finance by 588.5% in the 4th quarter. Advisor Group Inc. now owns 13,164 shares of the investment management company’s stock worth $167,000 after purchasing an additional 11,252 shares during the period. Sumitomo Mitsui Asset Management Company LTD acquired a new position in shares of WhiteHorse Finance in the 4th quarter worth approximately $399,000. Finally, Resource America Inc. lifted its position in shares of WhiteHorse Finance by 19.6% in the 3rd quarter. Resource America Inc. now owns 301,636 shares of the investment management company’s stock worth $4,193,000 after purchasing an additional 49,376 shares during the period. Hedge funds and other institutional investors own 12.57% of the company’s stock.

About WhiteHorse Finance

WhiteHorse Finance, LLC is a business development company.

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