WhiteHawk Income (NYSE:WHK) Stock Rating Upgraded by Wall Street Zen

WhiteHawk Income (NYSE:WHK) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.

Several other equities research analysts have also issued reports on the company. Stifel Nicolaus started coverage on WhiteHawk Income in a report on Thursday, September 10th. They set a “buy” rating and a $32.00 price target for the company. Weiss Ratings started coverage on WhiteHawk Income in a report on Monday, August 31st. They issued a “sell (e)” rating on the stock. JPMorgan Chase & Co. initiated coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They set a “neutral” rating and a $28.00 price objective on the stock. Zacks Research upgraded shares of WhiteHawk Income to a “hold” rating in a research note on Tuesday, July 7th. Finally, Capital One Financial initiated coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They issued an “overweight” rating and a $32.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $32.00.

WhiteHawk Income Stock Up 0.2%

Shares of WHK stock opened at $25.55 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.18. WhiteHawk Income has a fifty-two week low of $24.06 and a fifty-two week high of $29.07. The business has a 50-day moving average price of $26.64.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Readystate Asset Management LP bought a new position in shares of WhiteHawk Income in the 2nd quarter valued at approximately $696,000. BlueCrest Capital Management Ltd bought a new stake in WhiteHawk Income during the second quarter worth approximately $3,756,000. Alyeska Investment Group L.P. acquired a new position in WhiteHawk Income during the second quarter valued at approximately $6,955,000. Finally, Citadel Advisors LLC acquired a new position in WhiteHawk Income during the second quarter valued at approximately $10,215,000.

WhiteHawk Income Company Profile

WhiteHawk Income (NYSE: WHK) is a closed-end investment fund focused on generating current income through investments in private credit and other income-producing assets. The fund primarily seeks opportunities in senior secured loans and related debt investments issued by middle-market companies.

WhiteHawk Income is managed by WhiteHawk Capital Partners, an investment manager specializing in private credit. Its investment strategy emphasizes credit selection, downside protection and portfolio diversification across industries and borrowers.

The fund’s activities are centered on the U.S.