$0.29 EPS Expected for Hercules Capital Inc (HTGC)

October 23, 2017 – By Clifton Ray

Investors sentiment increased to 1.57 in Q2 2017. Its up 0.38, from 1.19 in 2017Q1. It increased, as 13 investors sold Hercules Capital Inc shares while 38 reduced holdings. 26 funds opened positions while 54 raised stakes. 32.20 million shares or 0.57% less from 32.38 million shares in 2017Q1 were reported.
Northpointe Capital Limited Liability Corp reported 0.92% stake. Whittier Tru Com owns 2,474 shares for 0% of their portfolio. Yorktown Mngmt Rech stated it has 0.35% of its portfolio in Hercules Capital Inc (NYSE:HTGC). Ares Ltd Limited Liability Company has invested 0.25% of its portfolio in Hercules Capital Inc (NYSE:HTGC). Independent Port Consultants reported 11,050 shares or 0.06% of all its holdings. Sei Investments invested in 19,138 shares or 0% of the stock. 22,302 are held by Tcw Group Inc. The Florida-based Naples Glob Advsr has invested 0.33% in Hercules Capital Inc (NYSE:HTGC). Invesco owns 0% invested in Hercules Capital Inc (NYSE:HTGC) for 325,155 shares. Private Advisor Gp holds 0.01% or 18,955 shares. Fifth Third Bankshares holds 0% or 436 shares in its portfolio. Financial Bank Of Montreal Can owns 7,209 shares or 0% of their US portfolio. Price T Rowe Md holds 0.01% in Hercules Capital Inc (NYSE:HTGC) or 3.06M shares. Ftb Advsr has invested 0% in Hercules Capital Inc (NYSE:HTGC). Salzhauer Michael holds 0.09% of its portfolio in Hercules Capital Inc (NYSE:HTGC) for 15,000 shares.

Analysts expect Hercules Capital Inc (NYSE:HTGC) to report $0.29 EPS on November, 2.They anticipate $0.03 EPS change or 9.38 % from last quarter’s $0.32 EPS. HTGC’s profit would be $24.09M giving it 11.00 P/E if the $0.29 EPS is correct. After having $0.31 EPS previously, Hercules Capital Inc’s analysts see -6.45 % EPS growth. The stock increased 0.28% or $0.03 on October 23, reaching $12.76. About 188,886 shares traded. Hercules Capital Inc (NYSE:HTGC) has risen 12.95% since October 24, 2016 and is uptrending. It has underperformed by 3.75% the S&P500.

Hercules Capital Inc (NYSE:HTGC) Ratings Coverage

Among 10 analysts covering Hercules Tech (NYSE:HTGC), 9 have Buy rating, 1 Sell and 0 Hold. Therefore 90% are positive. Hercules Tech had 20 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was upgraded by Wood to “Market Perform” on Friday, August 7. The stock of Hercules Capital Inc (NYSE:HTGC) has “Buy” rating given on Friday, August 4 by RBC Capital Markets. The company was downgraded on Wednesday, January 27 by Compass Point. MLV upgraded the shares of HTGC in report on Friday, August 7 to “Buy” rating. The stock has “Underperform” rating by Raymond James on Friday, August 4. As per Friday, September 8, the company rating was upgraded by Compass Point. FBR Capital maintained the stock with “Outperform” rating in Friday, February 26 report. The company was maintained on Monday, May 15 by Jefferies. The stock of Hercules Capital Inc (NYSE:HTGC) has “Outperform” rating given on Friday, August 7 by Bruyette & Woods”. On Friday, April 7 the stock rating was maintained by Wood with “Outperform”.

Hercules Capital, Inc. is a specialty finance company. The company has market cap of $1.06 billion. The Firm is an internally managed, non-diversified, closed-end investment company. It has a 13.87 P/E ratio. The Firm focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.

More notable recent Hercules Capital Inc (NYSE:HTGC) news were published by: Businesswire.com which released: “Hercules Capital Provides Interim Portfolio Update for Q3 2017” on October 03, 2017, also Businesswire.com with their article: “Hercules Capital Prices Its First Investment Grade Bond Offering of $150.0 …” published on October 18, 2017, Businesswire.com published: “Hercules Capital Closes Its First Investment Grade Bond Offering of $150.0 …” on October 23, 2017. More interesting news about Hercules Capital Inc (NYSE:HTGC) were released by: Seekingalpha.com and their article: “VC Tech Exposure With 10% Yield” published on October 11, 2017 as well as Seekingalpha.com‘s news article titled: “3 Reasons Why This 9.8% Yielding BDC Is A Buy” with publication date: October 16, 2017.