WhiteHorse Finance Inc (NASDAQ:WHF) has received an average rating of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $14.25.

WHF has been the subject of several recent analyst reports. BidaskClub raised shares of WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 9th. Zacks Investment Research raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a report on Friday, March 8th. Finally, JPMorgan Chase & Co. cut shares of WhiteHorse Finance from a “neutral” rating to an “underweight” rating and set a $13.50 target price for the company. in a report on Wednesday, January 16th.

WhiteHorse Finance stock traded up $0.06 during trading hours on Monday, hitting $14.11. The stock had a trading volume of 46,074 shares, compared to its average volume of 59,130. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.83 and a current ratio of 1.83. The stock has a market capitalization of $289.96 million, a PE ratio of 9.41 and a beta of 0.73. WhiteHorse Finance has a 12-month low of $11.89 and a 12-month high of $15.80.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, March 26th were issued a dividend of $0.355 per share. The ex-dividend date was Monday, March 25th. This represents a $1.42 annualized dividend and a dividend yield of 10.06%. WhiteHorse Finance’s payout ratio is 94.67%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citigroup Inc. raised its holdings in shares of WhiteHorse Finance by 164.4% during the fourth quarter. Citigroup Inc. now owns 4,760 shares of the investment management company’s stock valued at $61,000 after purchasing an additional 2,960 shares during the last quarter. Legal & General Group Plc grew its position in WhiteHorse Finance by 12.0% during the fourth quarter. Legal & General Group Plc now owns 89,166 shares of the investment management company’s stock valued at $1,139,000 after buying an additional 9,546 shares during the period. Advisor Group Inc. grew its position in WhiteHorse Finance by 588.5% during the fourth quarter. Advisor Group Inc. now owns 13,164 shares of the investment management company’s stock valued at $167,000 after buying an additional 11,252 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD bought a new stake in WhiteHorse Finance during the fourth quarter valued at approximately $399,000. 12.57% of the stock is owned by hedge funds and other institutional investors.

About WhiteHorse Finance

WhiteHorse Finance, LLC is a business development company.

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