Hercules Technology Growth Capital Inc (HTGC) : Pear Tree Advisors Inc scooped up 3,216 additional shares in Hercules Technology Growth Capital Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 122,636 shares of Hercules Technology Growth Capital Inc which is valued at $1.5 Million.Hercules Technology Growth Capital Inc makes up approximately 0.61% of Pear Tree Advisors Inc’s portfolio.
Other Hedge Funds, Including , Peak6 Investments sold out all of its stake in HTGC during the most recent quarter. The investment firm sold 3,429 shares of HTGC which is valued $40,565.Financial Management Professionals reduced its stake in HTGC by selling 89 shares or 10.19% in the most recent quarter. The Hedge Fund company now holds 784 shares of HTGC which is valued at $9,322.Cambridge Investment Research Advisors reduced its stake in HTGC by selling 3,856 shares or 5.45% in the most recent quarter. The Hedge Fund company now holds 66,859 shares of HTGC which is valued at $794,954. Hercules Technology Growth Capital Inc makes up approx 0.02% of Cambridge Investment Research Advisors’s portfolio.
Hercules Technology Growth Capital Inc opened for trading at $12.31 and hit $12.45 on the upside on Wednesday, eventually ending the session at $12.43, with a gain of 0.97% or 0.12 points. The heightened volatility saw the trading volume jump to 2,83,454 shares. Company has a market cap of $916 M.
On the company’s financial health, Hercules Technology Growth Capital Inc reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.28. The company had revenue of $38.94 million for the quarter, compared to analysts expectations of $40.57 million. The company’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.
Many Wall Street Analysts have commented on Hercules Technology Growth Capital Inc. Shares were Reiterated by FBR Capital on Feb 26, 2016 to “Outperform” and Lowered the Price Target to $ 12 from a previous price target of $13 .
Hercules Technology Growth Capital Inc. is a specialty finance company. The Company is focused on providing senior secured loans to venture capital-backed companies in technology-related industries including technology biotechnology life science and energy and renewables technology at all stages of development. It is an internally managed non-diversified closed-end investment company. The Companys portfolio comprises investments primarily in technology-related companies at various stages of their development. The Company focuses its investments in companies active in the technology industry sub-sectors characterized by products or services including computer software and hardware networking systems semiconductors semiconductor capital equipment information technology infrastructure or services Internet consumer and business services telecommunications telecommunications equipment renewable or alternative energy media and life science.