Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc purchased 5,675 shares of Harvest Capital Credit stock in a transaction that occurred on Saturday, December 29th. The shares were bought at an average cost of $10.99 per share, with a total value of $62,368.25. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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):

  • On Tuesday, January 2nd, Jmp Group Llc purchased 8,475 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $10.99 per share, with a total value of $93,140.25.
  • On Tuesday, December 26th, Jmp Group Llc purchased 5,675 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $10.91 per share, with a total value of $61,914.25.
  • On Thursday, December 28th, Jmp Group Llc purchased 14,750 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $10.92 per share, with a total value of $161,070.00.
  • On Friday, December 15th, Jmp Group Llc purchased 5,904 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $10.94 per share, with a total value of $64,589.76.
  • On Tuesday, December 5th, Jmp Group Llc purchased 300 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $11.00 per share, with a total value of $3,300.00.
  • On Thursday, December 7th, Jmp Group Llc purchased 2,500 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $11.00 per share, with a total value of $27,500.00.
  • On Wednesday, November 29th, Jmp Group Llc purchased 38,841 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $10.75 per share, with a total value of $417,540.75.
  • On Friday, December 1st, Jmp Group Llc purchased 60,446 shares of Harvest Capital Credit stock. The shares were bought at an average cost of $10.75 per share, with a total value of $649,794.50.

Harvest Capital Credit Corp (NASDAQ HCAP) traded up $0.07 on Wednesday, hitting $11.15. The stock had a trading volume of 45,120 shares, compared to its average volume of 42,850. Harvest Capital Credit Corp has a 52 week low of $10.52 and a 52 week high of $14.88. The firm has a market capitalization of $71.52, a PE ratio of 23.72 and a beta of 0.66. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.43 and a current ratio of 1.43.

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 22nd were given a $0.1125 dividend. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 12.11%. Harvest Capital Credit’s payout ratio is 287.23%.

An institutional investor recently raised its position in Harvest Capital Credit stock. Ladenburg Thalmann Financial Services Inc. grew its holdings in Harvest Capital Credit Corp (NASDAQ:HCAP) by 21.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,214 shares of the investment management company’s stock after buying an additional 6,282 shares during the period. Ladenburg Thalmann Financial Services Inc. owned 0.54% of Harvest Capital Credit worth $471,000 at the end of the most recent quarter. Institutional investors and hedge funds own 5.72% of the company’s stock.

A number of analysts have recently issued reports on the company. Zacks Investment Research cut Harvest Capital Credit from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. ValuEngine cut Harvest Capital Credit from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. Finally, TheStreet cut Harvest Capital Credit from a “b-” rating to a “c+” rating in a research report on Wednesday, November 29th.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/03/jmp-group-llc-purchases-5675-shares-of-harvest-capital-credit-corp-hcap-stock.html.

Harvest Capital Credit Company Profile

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)

Receive News & Ratings for Harvest Capital Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harvest Capital Credit and related companies with MarketBeat.com's FREE daily email newsletter.