Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc bought 5,675 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was purchased at an average price of $10.91 per share, with a total value of $61,914.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jmp Group Llc also recently made the following trade(s):

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

Shares of Harvest Capital Credit Corp (HCAP) traded up $0.13 during mid-day trading on Thursday, hitting $11.00. The stock had a trading volume of 45,054 shares, compared to its average volume of 30,794. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $69.15, a PE ratio of 23.40 and a beta of 0.66. Harvest Capital Credit Corp has a 12 month low of $10.52 and a 12 month high of $14.88.

The firm also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 22nd will be issued a dividend of $0.1125 per share. This represents a $1.35 annualized dividend and a dividend yield of 12.27%. The ex-dividend date is Thursday, December 21st. Harvest Capital Credit’s payout ratio is presently 287.23%.

HCAP has been the subject of several recent analyst reports. Zacks Investment Research lowered Harvest Capital Credit from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. ValuEngine lowered Harvest Capital Credit from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. Finally, TheStreet lowered Harvest Capital Credit from a “b-” rating to a “c+” rating in a research note on Wednesday, November 29th.

A hedge fund recently raised its stake in Harvest Capital Credit stock. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Harvest Capital Credit Corp (NASDAQ:HCAP) by 21.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 35,214 shares of the investment management company’s stock after purchasing 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 reporting period. Institutional investors own 5.72% of the company’s stock.

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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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