MAS Advisors LLC Sells 2,037 Shares of Hercules Capital, Inc. (NYSE:HTGC)

MAS Advisors LLC decreased its holdings in shares of Hercules Capital, Inc. (NYSE:HTGC) by 9.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 18,921 shares of the financial services provider’s stock after selling 2,037 shares during the period. MAS Advisors LLC’s holdings in Hercules Capital were worth $380,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in HTGC. SteelPeak Wealth LLC boosted its stake in Hercules Capital by 2.7% during the fourth quarter. SteelPeak Wealth LLC now owns 30,307 shares of the financial services provider’s stock worth $609,000 after buying an additional 804 shares during the period. Mount Yale Investment Advisors LLC raised its position in Hercules Capital by 11.7% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 147,542 shares of the financial services provider’s stock valued at $2,964,000 after purchasing an additional 15,467 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in Hercules Capital in the fourth quarter worth about $684,000. PFG Investments LLC lifted its position in shares of Hercules Capital by 1.5% in the 4th quarter. PFG Investments LLC now owns 112,526 shares of the financial services provider’s stock worth $2,261,000 after purchasing an additional 1,672 shares during the period. Finally, Grimes & Company Inc. boosted its stake in shares of Hercules Capital by 30.6% during the fourth quarter. Grimes & Company Inc. now owns 25,414 shares of the financial services provider’s stock valued at $511,000 after purchasing an additional 5,962 shares in the last quarter. 19.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HTGC shares. Keefe, Bruyette & Woods upgraded Hercules Capital from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $19.50 to $21.50 in a report on Thursday, December 12th. Wells Fargo & Company upped their price target on Hercules Capital from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Finally, JMP Securities reissued a “market outperform” rating and issued a $22.00 price objective on shares of Hercules Capital in a research report on Monday, January 6th.

Hercules Capital Stock Up 0.0 %

NYSE:HTGC opened at $21.00 on Wednesday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.94. Hercules Capital, Inc. has a twelve month low of $16.95 and a twelve month high of $21.78. The company has a market cap of $3.41 billion, a PE ratio of 10.39 and a beta of 1.35. The company’s 50 day moving average is $19.93 and its two-hundred day moving average is $19.61.

Hercules Capital Company Profile

Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.