Jmp Group Llc Acquires 6,883 Shares of Harvest Capital Credit Corp (HCAP) Stock

Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc bought 6,883 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was bought at an average cost of $10.76 per share, for a total transaction of $74,061.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, February 15th, Jmp Group Llc acquired 4,754 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.83 per share, for a total transaction of $51,485.82.
  • On Friday, February 9th, Jmp Group Llc acquired 3,076 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $11.00 per share, for a total transaction of $33,836.00.
  • On Tuesday, February 13th, Jmp Group Llc acquired 9,780 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.58 per share, for a total transaction of $103,472.40.
  • On Friday, December 29th, Jmp Group Llc acquired 5,675 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.99 per share, for a total transaction of $62,368.25.
  • On Tuesday, January 2nd, Jmp Group Llc acquired 8,475 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.99 per share, for a total transaction of $93,140.25.
  • On Tuesday, December 26th, Jmp Group Llc acquired 5,675 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.91 per share, for a total transaction of $61,914.25.
  • On Thursday, December 28th, Jmp Group Llc acquired 14,750 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.92 per share, for a total transaction of $161,070.00.
  • On Friday, December 15th, Jmp Group Llc acquired 5,904 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.94 per share, for a total transaction of $64,589.76.
  • On Tuesday, December 5th, Jmp Group Llc acquired 300 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $11.00 per share, for a total transaction of $3,300.00.
  • On Thursday, December 7th, Jmp Group Llc acquired 2,500 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $11.00 per share, for a total transaction of $27,500.00.

Shares of Harvest Capital Credit Corp (NASDAQ:HCAP) traded down $0.07 during trading hours on Thursday, hitting $10.71. 26,100 shares of the stock traded hands, compared to its average volume of 30,279. The stock has a market capitalization of $69.94, a P/E ratio of 7.23 and a beta of 0.69. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.39. Harvest Capital Credit Corp has a 1-year low of $10.03 and a 1-year high of $14.65.

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 27th. Stockholders of record on Tuesday, March 20th will be issued a $0.095 dividend. This represents a $1.14 annualized dividend and a dividend yield of 10.64%. The ex-dividend date is Monday, March 19th. Harvest Capital Credit’s payout ratio is 242.56%.

Several brokerages have issued reports on HCAP. Janney Montgomery Scott downgraded shares of Harvest Capital Credit from a “buy” rating to a “neutral” rating in a research report on Friday, February 9th. Zacks Investment Research raised shares of Harvest Capital Credit from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. ValuEngine downgraded shares of Harvest Capital Credit from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, TheStreet downgraded shares of Harvest Capital Credit from a “b-” rating to a “c+” rating in a research report on Wednesday, November 29th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $13.50.

A hedge fund recently bought a new stake in Harvest Capital Credit stock. Macquarie Group Ltd. bought a new stake in Harvest Capital Credit Corp (NASDAQ:HCAP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 37,629 shares of the investment management company’s stock, valued at approximately $503,000. Macquarie Group Ltd. owned approximately 0.59% of Harvest Capital Credit as of its most recent SEC filing. Institutional investors own 5.97% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Week Herald and is owned by of Week Herald. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright and trademark laws. The original version of this report can be viewed at https://weekherald.com/2018/02/22/jmp-group-llc-acquires-6883-shares-of-harvest-capital-credit-corp-hcap-stock.html.

About Harvest Capital Credit

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.

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

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

Leave a Reply