Jmp Group Llc Acquires 5,675 Shares of Harvest Capital Credit Corp (HCAP) Stock

Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc purchased 5,675 shares of the stock in a transaction dated Saturday, December 29th. The stock was acquired at an average cost of $10.99 per share, with a total value of $62,368.25. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% 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 Tuesday, January 2nd, Jmp Group Llc purchased 8,475 shares of Harvest Capital Credit stock. The stock was 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 stock was 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 acquired 14,750 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.92 per share, with a total value of $161,070.00.
  • On Friday, December 15th, Jmp Group Llc acquired 5,904 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.94 per share, with a total value of $64,589.76.
  • On Tuesday, December 5th, Jmp Group Llc acquired 300 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $11.00 per share, with a total value of $3,300.00.
  • On Thursday, December 7th, Jmp Group Llc acquired 2,500 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $11.00 per share, with a total value of $27,500.00.
  • On Wednesday, November 29th, Jmp Group Llc acquired 38,841 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.75 per share, with a total value of $417,540.75.
  • On Friday, December 1st, Jmp Group Llc acquired 60,446 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.75 per share, with a total value of $649,794.50.

Harvest Capital Credit Corp (NASDAQ:HCAP) opened at $11.50 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.43 and a current ratio of 1.43. Harvest Capital Credit Corp has a 52 week low of $10.51 and a 52 week high of $14.65. The stock has a market cap of $73.77, a P/E ratio of 24.47 and a beta of 0.66.

The business also recently declared a monthly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 22nd were paid a dividend of $0.1125 per share. The ex-dividend date was Thursday, December 21st. This represents a $1.35 dividend on an annualized basis and a yield of 11.74%. Harvest Capital Credit’s payout ratio is 287.23%.

Several research analysts recently commented on HCAP shares. ValuEngine lowered shares of Harvest Capital Credit from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. Zacks Investment Research lowered shares of Harvest Capital Credit from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, TheStreet lowered shares of Harvest Capital Credit from a “b-” rating to a “c+” rating in a research note on Wednesday, November 29th.

A hedge fund recently bought a new stake in Harvest Capital Credit stock. Macquarie Group Ltd. acquired a new position in Harvest Capital Credit Corp (NASDAQ:HCAP) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 37,629 shares of the investment management company’s stock, valued at approximately $503,000. Macquarie Group Ltd. owned 0.59% of Harvest Capital Credit at the end of the most recent reporting period. 5.72% of the stock is currently owned by hedge funds and other institutional investors.

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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)

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