Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc bought 1,603 shares of the business’s stock in a transaction on Monday, March 19th. The stock was purchased at an average price of $10.51 per share, with a total value of $16,847.53. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major 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):

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  • On Friday, March 16th, Jmp Group Llc bought 1,500 shares of Harvest Capital Credit stock. The stock was purchased at an average price of $10.77 per share, with a total value of $16,155.00.
  • On Monday, March 12th, Jmp Group Llc bought 1,257 shares of Harvest Capital Credit stock. The stock was purchased at an average price of $10.86 per share, with a total value of $13,651.02.
  • On Wednesday, March 14th, Jmp Group Llc bought 3,257 shares of Harvest Capital Credit stock. The stock was purchased at an average price of $10.88 per share, with a total value of $35,436.16.
  • On Friday, March 9th, Jmp Group Llc bought 9,861 shares of Harvest Capital Credit stock. The stock was purchased at an average price of $10.85 per share, with a total value of $106,991.85.
  • On Tuesday, March 6th, Jmp Group Llc bought 1,602 shares of Harvest Capital Credit stock. The stock was purchased at an average price of $10.87 per share, with a total value of $17,413.74.
  • On Thursday, March 1st, Jmp Group Llc purchased 2,386 shares of Harvest Capital Credit stock. The stock was bought at an average cost of $10.92 per share, for a total transaction of $26,055.12.
  • On Monday, February 26th, Jmp Group Llc purchased 1,050 shares of Harvest Capital Credit stock. The stock was bought at an average cost of $10.99 per share, for a total transaction of $11,539.50.
  • On Thursday, February 22nd, Jmp Group Llc purchased 2,484 shares of Harvest Capital Credit stock. The stock was bought at an average cost of $10.61 per share, for a total transaction of $26,355.24.
  • On Tuesday, February 20th, Jmp Group Llc purchased 6,883 shares of Harvest Capital Credit stock. The stock was bought at an average cost of $10.76 per share, for a total transaction of $74,061.08.
  • On Thursday, February 15th, Jmp Group Llc purchased 4,754 shares of Harvest Capital Credit stock. The stock was bought at an average cost of $10.83 per share, for a total transaction of $51,485.82.

Harvest Capital Credit stock traded up $0.08 during midday trading on Thursday, hitting $10.49. The company’s stock had a trading volume of 3,075 shares, compared to its average volume of 25,603. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.43 and a quick ratio of 1.43. Harvest Capital Credit Corp has a 52 week low of $10.03 and a 52 week high of $14.23. The company has a market capitalization of $67.73, a PE ratio of 7.01 and a beta of 0.72.

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 27th. Shareholders of record on Tuesday, March 20th will be paid a dividend of $0.095 per share. This represents a $1.14 annualized dividend and a yield of 10.87%. The ex-dividend date is Monday, March 19th. Harvest Capital Credit’s dividend payout ratio (DPR) is currently 242.56%.

A hedge fund recently raised its stake in Harvest Capital Credit stock. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Harvest Capital Credit Corp (NASDAQ:HCAP) by 21.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,214 shares of the investment management company’s stock after purchasing an additional 6,282 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned 0.54% of Harvest Capital Credit worth $471,000 at the end of the most recent quarter. 5.59% of the stock is currently owned by institutional investors.

Several research analysts have issued reports on the company. Zacks Investment Research raised Harvest Capital Credit from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. ValuEngine cut Harvest Capital Credit from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Janney Montgomery Scott cut Harvest Capital Credit from a “buy” rating to a “neutral” rating in a report on Friday, February 9th. Finally, TheStreet cut Harvest Capital Credit from a “b-” rating to a “c+” rating in a report on Wednesday, November 29th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $13.50.

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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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