Shares of WhiteHorse Finance, Inc. (NASDAQ:WHF – Get Score) have been presented a consensus rating of “Keep” by the 7 analysts that are at the moment covering the stock, MarketBeat Rankings reports. A person expenditure analyst has rated the stock with a market score, 1 has issued a hold rating and two have assigned a acquire ranking to the firm. The ordinary twelve-thirty day period cost focus on among brokers that have issued ratings on the stock in the previous year is $13.60.
WHF has been the subject of many analyst studies. Raymond James diminished their selling price goal on WhiteHorse Finance from $15.50 to $15.00 and established an “outperform” rating for the corporation in a report on Tuesday, November 22nd. JPMorgan Chase & Co. downgraded shares of WhiteHorse Finance from a “neutral” rating to an “underweight” rating and set a $14.00 goal cost for the firm. in a exploration notice on Tuesday, September 6th. They noted that the transfer was a valuation phone. B. Riley initiated coverage on shares of WhiteHorse Finance in a analysis observe on Friday, Oct 14th. They issued a “purchase” score and a $12.00 focus on price tag for the organization. Hovde Group cut their target price on shares of WhiteHorse Finance to $13.00 in a exploration notice on Wednesday, Oct 5th. Last but not least, StockNews.com initiated coverage on shares of WhiteHorse Finance in a analysis be aware on Wednesday, October 12th. They issued a “maintain” rating for the corporation.
Insider Activity at WhiteHorse Finance
In other information, Director John Bolduc acquired 7,690 shares of the firm’s inventory in a transaction that occurred on Monday, December 5th. The shares had been obtained at an ordinary cost of $13.00 for every share, with a full value of $99,970.00. Subsequent the completion of the obtain, the director now immediately owns 166,722 shares of the company’s stock, valued at about $2,167,386. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which can be accessed via the SEC web site. Insiders have bought 30,968 shares of company stock valued at $401,032 above the previous 3 months. 1.80% of the inventory is owned by insiders.
Institutional Inflows and Outflows
Hedge resources have lately extra to or lowered their stakes in the corporation. Audio Revenue Techniques LLC grew its stake in shares of WhiteHorse Finance by 14.3% throughout the third quarter. Sound Income Techniques LLC now owns 390,695 shares of the financial commitment administration firm’s stock worth $4,337,000 after acquiring an additional 48,753 shares in the course of the past quarter. Advisors Asset Administration Inc. grew its stake in shares of WhiteHorse Finance by 6.4% during the third quarter. Advisors Asset Management Inc. now owns 301,813 shares of the expenditure administration firm’s stock value $3,350,000 after shopping for an extra 18,109 shares for the duration of the very last quarter. Legal & Standard Group Plc grew its stake in shares of WhiteHorse Finance by 10.5% during the second quarter. Authorized & Normal Team Plc now owns 137,417 shares of the expense management company’s stock worthy of $1,806,000 after shopping for an further 13,018 shares for the duration of the previous quarter. Raymond James & Associates grew its stake in shares of WhiteHorse Finance by 2.6% during the third quarter. Raymond James & Associates now owns 125,774 shares of the financial commitment administration company’s inventory worth $1,396,000 after getting an supplemental 3,146 shares through the final quarter. Eventually, LPL Economic LLC purchased a new stake in shares of WhiteHorse Finance in the next quarter well worth $785,000. 12.16% of the inventory is owned by institutional traders.
WhiteHorse Finance Price Functionality
Shares of NASDAQ WHF opened at $13.41 on Thursday. The inventory has a current market capitalization of $311.69 million, a price tag-to-earnings ratio of 15.24 and a beta of 1.29. The business enterprise has a 50-working day going common of $12.69 and a 200-day shifting common of $13.30. The organization has a personal debt-to-equity ratio of 1.26, a current ratio of 1.71 and a rapid ratio of 1.71. WhiteHorse Finance has a fifty-two week very low of $10.57 and a fifty-two 7 days high of $15.95.
WhiteHorse Finance Dividend Announcement
The firm also just lately declared a quarterly dividend, which will be compensated on Wednesday, January 4th. Stockholders of history on Wednesday, December 21st will be provided a $.355 dividend. The ex-dividend date is Tuesday, December 20th. This signifies a $1.42 dividend on an annualized foundation and a dividend produce of 10.59%. WhiteHorse Finance’s payout ratio is 161.37%.
About WhiteHorse Finance
WhiteHorse Finance, Inc is organization advancement company, non-diversified, shut finish management firm specializing in originating senior secured loans, decreased center market, progress cash industries. It prefers to spend in United States. It normally invests between $5 million to $25 million in providers getting company value of in between $50 million and $350 million.
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