Hercules Capital, Inc. (NYSE:HTGC) Shares Acquired by Jump Financial LLC

Jump Financial LLC boosted its stake in Hercules Capital, Inc. (NYSE:HTGC - Free Report) by 43.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 165,400 shares of the financial services provider's stock after purchasing an additional 50,388 shares during the quarter. Jump Financial LLC owned about 0.11% of Hercules Capital worth $2,757,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. purchased a new stake in shares of Hercules Capital in the fourth quarter worth approximately $53,000. Signaturefd LLC lifted its position in shares of Hercules Capital by 30.4% during the fourth quarter. Signaturefd LLC now owns 3,382 shares of the financial services provider's stock valued at $56,000 after purchasing an additional 789 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of Hercules Capital by 133.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 3,786 shares of the financial services provider's stock worth $62,000 after buying an additional 2,164 shares during the last quarter. Orion Capital Management LLC purchased a new position in Hercules Capital in the third quarter worth $66,000. Finally, Blue Trust Inc. bought a new stake in Hercules Capital in the fourth quarter worth about $66,000. 19.69% of the stock is owned by institutional investors.

Hercules Capital Price Performance

Shares of NYSE HTGC traded down $0.81 during trading hours on Monday, reaching $19.09. 1,635,782 shares of the stock traded hands, compared to its average volume of 926,433. The company has a market capitalization of $3.10 billion, a P/E ratio of 9.05 and a beta of 1.32. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.93. Hercules Capital, Inc. has a 52-week low of $13.01 and a 52-week high of $20.01. The company's 50-day simple moving average is $18.57 and its two-hundred day simple moving average is $17.33.

Hercules Capital (NYSE:HTGC - Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. The business had revenue of $121.55 million during the quarter, compared to the consensus estimate of $121.86 million. Hercules Capital had a net margin of 69.98% and a return on equity of 18.35%. The firm's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.47 earnings per share. Equities research analysts forecast that Hercules Capital, Inc. will post 2.06 EPS for the current year.

Hercules Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Tuesday, May 14th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.06%. The ex-dividend date is Monday, May 13th. Hercules Capital's dividend payout ratio (DPR) is presently 72.73%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HTGC shares. Keefe, Bruyette & Woods raised their price target on shares of Hercules Capital from $18.00 to $19.00 and gave the stock a "market perform" rating in a research note on Friday, May 3rd. Wells Fargo & Company boosted their price objective on Hercules Capital from $19.50 to $20.00 and gave the company an "overweight" rating in a research note on Friday, May 3rd. Compass Point lowered shares of Hercules Capital from a "buy" rating to a "neutral" rating and increased their target price for the stock from $17.00 to $17.50 in a research report on Tuesday, January 16th. JMP Securities increased their target price on shares of Hercules Capital from $19.00 to $20.00 and gave the stock a "market outperform" rating in a research note on Friday, May 3rd. Finally, Piper Sandler upped their price target on shares of Hercules Capital from $21.00 to $21.50 and gave the stock an "overweight" rating in a report on Friday, May 3rd. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $18.56.

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.