Harvest Capital Credit Corp (NASDAQ:HCAP) Major Shareholder Jmp Group Llc Acquires 5,904 Shares

Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc bought 5,904 shares of the stock in a transaction on Friday, December 15th. The shares were bought at an average price of $10.94 per share, for a total transaction of $64,589.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Saturday, December 29th, Jmp Group Llc bought 5,675 shares of Harvest Capital Credit stock. The shares were bought at an average price of $10.99 per share, for a total transaction of $62,368.25.
  • On Tuesday, January 2nd, Jmp Group Llc purchased 8,475 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.99 per share, with a total value of $93,140.25.
  • On Tuesday, December 26th, Jmp Group Llc purchased 5,675 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.91 per share, with a total value of $61,914.25.
  • On Thursday, December 28th, Jmp Group Llc purchased 14,750 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.92 per share, with a total value of $161,070.00.
  • On Tuesday, December 5th, Jmp Group Llc purchased 300 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $11.00 per share, with a total value of $3,300.00.
  • On Thursday, December 7th, Jmp Group Llc purchased 2,500 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $11.00 per share, with a total value of $27,500.00.
  • On Wednesday, November 29th, Jmp Group Llc purchased 38,841 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.75 per share, with a total value of $417,540.75.
  • On Friday, December 1st, Jmp Group Llc purchased 60,446 shares of Harvest Capital Credit stock. The shares were acquired at an average cost of $10.75 per share, with a total value of $649,794.50.

Harvest Capital Credit Corp (NASDAQ:HCAP) traded up $0.05 during trading on Thursday, reaching $11.34. 16,901 shares of the company traded hands, compared to its average volume of 28,300. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.39. Harvest Capital Credit Corp has a one year low of $10.52 and a one year high of $14.65. The stock has a market cap of $72.74, a price-to-earnings ratio of 24.13 and a beta of 0.66.

The business also recently disclosed a monthly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 22nd were issued a dividend of $0.1125 per share. This represents a $1.35 dividend on an annualized basis and a yield of 11.90%. The ex-dividend date of this dividend was Thursday, December 21st. Harvest Capital Credit’s dividend payout ratio (DPR) is currently 287.23%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Macquarie Group Ltd. purchased a new stake in Harvest Capital Credit during the 3rd quarter valued at approximately $503,000. Goldman Sachs Group Inc. grew its holdings in Harvest Capital Credit by 18.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,344 shares of the investment management company’s stock valued at $480,000 after buying an additional 5,772 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in Harvest Capital Credit by 21.7% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 35,214 shares of the investment management company’s stock valued at $471,000 after buying an additional 6,282 shares in the last quarter. 5.72% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Harvest Capital Credit from a “strong sell” rating to a “hold” rating in a report on Wednesday. TheStreet lowered shares of Harvest Capital Credit from a “b-” rating to a “c+” rating in a report on Wednesday, November 29th. Finally, ValuEngine lowered shares of Harvest Capital Credit from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/11/jmp-group-llc-buys-5904-shares-of-harvest-capital-credit-corp-hcap-stock.html.

Harvest Capital Credit Company Profile

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