FBR & Co assumed coverage on shares of Hercules Capital, Inc. (NYSE:HTGC) in a report released on Monday morning. The brokerage issued a buy rating and a $14.00 price objective on the financial services provider’s stock.

Other equities analysts have also issued reports about the company. JMP Securities reaffirmed a mkt outperform rating and issued a $14.50 price objective on shares of Hercules Capital in a research note on Monday, August 7th. Raymond James Financial, Inc. reissued an underperform rating on shares of Hercules Capital in a research report on Friday, August 4th. Jefferies Group LLC restated a buy rating and issued a $16.00 price target on shares of Hercules Capital in a report on Friday, July 14th. Royal Bank Of Canada reaffirmed a buy rating and set a $16.00 price target on shares of Hercules Capital in a research report on Sunday, August 6th. Finally, BidaskClub cut shares of Hercules Capital from a buy rating to a hold rating in a research report on Sunday, July 30th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $14.69.

Hercules Capital (NYSE HTGC) opened at 12.90 on Monday. The company’s 50-day moving average price is $12.47 and its 200 day moving average price is $13.48. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 14.29 and a beta of 0.85. Hercules Capital has a 1-year low of $11.64 and a 1-year high of $15.68.

Hercules Capital (NYSE:HTGC) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31. The business had revenue of $48.45 million during the quarter, compared to the consensus estimate of $48.25 million. Hercules Capital had a return on equity of 12.93% and a net margin of 38.69%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS. On average, equities analysts expect that Hercules Capital will post $1.17 earnings per share for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. Marshall Wace North America L.P. acquired a new stake in Hercules Capital during the 2nd quarter valued at approximately $916,000. BB&T Securities LLC boosted its stake in shares of Hercules Capital by 284.2% during the 2nd quarter. BB&T Securities LLC now owns 55,940 shares of the financial services provider’s stock valued at $740,000 after buying an additional 41,379 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Hercules Capital by 19.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 179,241 shares of the financial services provider’s stock valued at $2,712,000 after buying an additional 29,223 shares during the last quarter. Homrich & Berg boosted its stake in shares of Hercules Capital by 2.3% during the 2nd quarter. Homrich & Berg now owns 72,599 shares of the financial services provider’s stock valued at $961,000 after buying an additional 1,632 shares during the last quarter. Finally, Clough Capital Partners L P boosted its stake in shares of Hercules Capital by 12.7% during the 1st quarter. Clough Capital Partners L P now owns 386,700 shares of the financial services provider’s stock valued at $5,851,000 after buying an additional 43,500 shares during the last quarter. Institutional investors and hedge funds own 42.55% of the company’s stock.

About Hercules Capital

Hercules Capital, Inc is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.

Analyst Recommendations for Hercules Capital (NYSE:HTGC)

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