Harvest Capital Credit Corp Director Joseph A. Jolson Acquires 5,000 Shares (HCAP)
Harvest Capital Credit Corp (NASDAQ:HCAP) Director Joseph A. Jolson acquired 5,000 shares of the company’s stock on the open market in a transaction dated Thursday, August 14th. The stock was purchased at an average cost of $14.16 per share, for a total transaction of $70,800.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Harvest Capital Credit Corp (NASDAQ:HCAP) traded up 1.43% during mid-day trading on Wednesday, hitting $14.20. 43,195 shares of the company’s stock traded hands. Harvest Capital Credit Corp has a one year low of $13.55 and a one year high of $15.66. The stock has a 50-day moving average of $14.5 and a 200-day moving average of $14.69. The company has a market cap of $87.7 million and a price-to-earnings ratio of 15.62.
Harvest Capital Credit Corp (NASDAQ:HCAP) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.03. On average, analysts predict that Harvest Capital Credit Corp will post $1.38 earnings per share for the current fiscal year.
The company also recently declared a monthly dividend, which is scheduled for Friday, August 29th. Investors of record on Monday, August 25th will be given a dividend of $0.1125 per share. This represents a $1.35 dividend on an annualized basis and a yield of 9.64%. The ex-dividend date of this dividend is Thursday, August 21st.
HCAP has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods cut their price target on shares of Harvest Capital Credit Corp from $16.00 to $15.50 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. Analysts at Zacks upgraded shares of Harvest Capital Credit Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $15.10 price target on the stock.
Harvest Capital Credit Corporation is an externally managed, non-diversified, closed-end management investment company.
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