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

Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc acquired 5,675 shares of Harvest Capital Credit 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares 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 acquired 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 acquired 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was 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 acquired 2,500 shares of Harvest Capital Credit stock. The stock was 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 bought 38,841 shares of Harvest Capital Credit stock. The stock was purchased at an average cost of $10.75 per share, with a total value of $417,540.75.
  • On Friday, December 1st, Jmp Group Llc bought 60,446 shares of Harvest Capital Credit stock. The stock was purchased at an average cost of $10.75 per share, with a total value of $649,794.50.

Shares of Harvest Capital Credit Corp (NASDAQ:HCAP) traded down $0.15 during mid-day trading on Friday, reaching $11.58. The company had a trading volume of 15,232 shares, compared to its average volume of 34,533. The company has a market capitalization of $73.33, a PE ratio of 24.64 and a beta of 0.66. Harvest Capital Credit Corp has a 52-week low of $10.51 and a 52-week high of $14.65. 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 (NASDAQ:HCAP) last issued its quarterly earnings data on Tuesday, November 7th. The investment management company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.02). Harvest Capital Credit had a net margin of 14.76% and a return on equity of 11.04%. research analysts anticipate that Harvest Capital Credit Corp will post 1.39 EPS for the current fiscal year.

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. The ex-dividend date was Thursday, December 21st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 11.66%. Harvest Capital Credit’s payout ratio is presently 287.23%.

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

A hedge fund recently bought a new stake in Harvest Capital Credit stock. Macquarie Group Ltd. acquired a new stake in shares of Harvest Capital Credit Corp (NASDAQ:HCAP) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 5.72% of the company’s stock.

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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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