Horizon Know-how Finance Co. (NASDAQ:HRZN – Get Free Report) noticed a big drop in brief curiosity within the month of August. As of August fifteenth, there was brief curiosity totalling 496,800 shares, a drop of 8.9% from the July thirty first complete of 545,100 shares. At present, 1.6% of the shares of the inventory are offered brief. Based mostly on a mean day by day quantity of 321,200 shares, the days-to-cover ratio is at present 1.5 days.
Institutional Buying and selling of Horizon Know-how Finance
A number of hedge funds and different institutional buyers have lately modified their holdings of the enterprise. Envestnet Asset Administration Inc. boosted its place in shares of Horizon Know-how Finance by 4.5% within the fourth quarter. Envestnet Asset Administration Inc. now owns 21,214 shares of the funding administration firm’s inventory value $246,000 after shopping for an extra 911 shares throughout the interval. Nice West Life Assurance Co. Can boosted its place in Horizon Know-how Finance by 4.4% throughout the second quarter. Nice West Life Assurance Co. Can now owns 24,724 shares of the funding administration firm’s inventory valued at $300,000 after buying an extra 1,039 shares over the past quarter. Wells Fargo & Firm MN boosted its place in Horizon Know-how Finance by 3.5% throughout the second quarter. Wells Fargo & Firm MN now owns 35,289 shares of the funding administration firm’s inventory valued at $426,000 after buying an extra 1,182 shares over the past quarter. Nia Influence Advisors LLC boosted its place in Horizon Know-how Finance by 8.5% throughout the first quarter. Nia Influence Advisors LLC now owns 16,249 shares of the funding administration firm’s inventory valued at $183,000 after buying an extra 1,267 shares over the past quarter. Lastly, Commonwealth Fairness Providers LLC boosted its place in Horizon Know-how Finance by 4.6% throughout the second quarter. Commonwealth Fairness Providers LLC now owns 32,369 shares of the funding administration firm’s inventory valued at $391,000 after buying an extra 1,414 shares over the past quarter. Institutional buyers and hedge funds personal 5.07% of the corporate’s inventory.
Wall Road Analysts Forecast Development
HRZN has been the subject of a number of analysis analyst stories. Oppenheimer reiterated a “market carry out” ranking and set a $12.00 worth goal on shares of Horizon Know-how Finance in a analysis report on Thursday, August third. TheStreet minimize Horizon Know-how Finance from a “b-” ranking to a “c” ranking in a analysis report on Wednesday, August sixteenth. StockNews.com assumed protection on Horizon Know-how Finance in a analysis report on Thursday, August seventeenth. They set a “promote” ranking on the inventory. Lastly, Compass Level lowered Horizon Know-how Finance from a “impartial” ranking to a “promote” ranking and set a $11.00 worth goal for the corporate. in a analysis observe on Friday, August 4th. Three funding analysts have rated the inventory with a promote ranking, 4 have issued a maintain ranking and one has issued a purchase ranking to the corporate’s inventory. In response to MarketBeat.com, the inventory has a mean ranking of “Maintain” and a consensus worth goal of $11.29.
View Our Newest Evaluation on HRZN
Horizon Know-how Finance Worth Efficiency
Shares of HRZN traded up $0.12 throughout buying and selling hours on Friday, hitting $12.00. 201,495 shares of the corporate had been exchanged, in comparison with its common quantity of 266,130. The corporate has a market capitalization of $385.25 million, a PE ratio of 20.69 and a beta of 1.15. The agency has a fifty day easy shifting common of $12.41 and a 200-day easy shifting common of $12.09. Horizon Know-how Finance has a one yr low of $9.67 and a one yr excessive of $13.45.
Horizon Know-how Finance (NASDAQ:HRZN – Get Free Report) final issued its earnings outcomes on Tuesday, August 1st. The funding administration firm reported $0.54 EPS for the quarter, topping the consensus estimate of $0.43 by $0.11. The enterprise had income of $28.12 million throughout the quarter, in comparison with analysts’ expectations of $26.23 million. Horizon Know-how Finance had a return on fairness of 15.64% and a web margin of 15.09%. Promote-side analysts count on that Horizon Know-how Finance will publish 1.85 EPS for the present yr.
Horizon Know-how Finance Dividend Announcement
The agency additionally lately introduced a month-to-month dividend, which will likely be paid on Monday, October sixteenth. Stockholders of document on Tuesday, September nineteenth will likely be given a $0.11 dividend. The ex-dividend date is Monday, September 18th. This represents a $1.32 annualized dividend and a dividend yield of 11.00%. Horizon Know-how Finance’s dividend payout ratio (DPR) is presently 227.59%.
About Horizon Know-how Finance
Horizon Know-how Finance Company is a enterprise improvement firm specializing in lending and and investing in development-stage investments. It focuses on making secured debt and enterprise lending investments to enterprise capital backed corporations within the know-how, life science, healthcare data and providers, cleantech and sustainability industries.
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