Horizon Know-how Finance Co. (NASDAQ:HRZN – Get Ranking) was the goal of a giant enhance briefly curiosity within the month of February. As of February fifteenth, there was quick curiosity totalling 405,100 shares, a rise of 61.4% from the January thirty first complete of 251,000 shares. Based mostly on a median day by day quantity of 141,900 shares, the days-to-cover ratio is presently 2.9 days.
A number of analysis corporations have issued reviews on HRZN. Zacks Funding Analysis downgraded Horizon Know-how Finance from a “purchase” ranking to a “maintain” ranking in a analysis report on Friday. StockNews.com upgraded Horizon Know-how Finance from a “promote” ranking to a “maintain” ranking in a analysis report on Friday, February twenty fifth. 4 funding analysts have rated the inventory with a maintain ranking, In line with information from MarketBeat.com, the corporate presently has a consensus ranking of “Maintain” and a consensus value goal of $16.25.
Shares of HRZN inventory traded down $0.15 on Friday, reaching $15.15. The corporate’s inventory had a buying and selling quantity of 99,221 shares, in comparison with its common quantity of 124,284. Horizon Know-how Finance has a 12-month low of $12.62 and a 12-month excessive of $19.08. The corporate has a market capitalization of $325.27 million, a P/E ratio of 10.90 and a beta of 1.05. The inventory’s 50 day easy shifting common is $15.65 and its 200-day easy shifting common is $16.42.
Horizon Know-how Finance (NASDAQ:HRZN – Get Ranking) final issued its quarterly earnings information on Tuesday, March 1st. The funding administration firm reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.05. Horizon Know-how Finance had a return on fairness of 12.20% and a web margin of 46.29%. The corporate had income of $16.95 million for the quarter, in comparison with the consensus estimate of $14.77 million. On common, analysts predict that Horizon Know-how Finance will put up 1.36 earnings per share for the present fiscal 12 months.
The enterprise additionally just lately disclosed a month-to-month dividend, which can be paid on Wednesday, June fifteenth. Stockholders of file on Wednesday, Might 18th can be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, Might seventeenth. This represents a $1.20 dividend on an annualized foundation and a dividend yield of seven.92%. Horizon Know-how Finance’s dividend payout ratio (DPR) is presently 86.33%.
In associated information, President Gerald A. Michaud purchased 3,450 shares of the corporate’s inventory in a transaction on Monday, December sixth. The shares have been bought at a median value of $15.87 per share, for a complete transaction of $54,751.50. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is on the market by way of this hyperlink. Additionally, CEO Robert D. Jr. Pomeroy purchased 2,500 shares of the corporate’s inventory in a transaction on Monday, December sixth. The shares have been purchased at a median value of $16.11 per share, for a complete transaction of $40,275.00. The disclosure for this buy could be discovered right here. Firm insiders personal 1.70% of the corporate’s inventory.
A number of giant traders have just lately made adjustments to their positions within the firm. Marshall Wace North America L.P. purchased a brand new stake in shares of Horizon Know-how Finance within the first quarter price about $62,000. Royal Financial institution of Canada lifted its holdings in Horizon Know-how Finance by 21.2% within the second quarter. Royal Financial institution of Canada now owns 5,214 shares of the funding administration firm’s inventory price $90,000 after shopping for an extra 913 shares throughout the interval. JPMorgan Chase & Co. lifted its holdings in Horizon Know-how Finance by 245,900.0% within the fourth quarter. JPMorgan Chase & Co. now owns 7,380 shares of the funding administration firm’s inventory price $117,000 after shopping for an extra 7,377 shares throughout the interval. First Affirmative Monetary Community bought a brand new stake in Horizon Know-how Finance within the fourth quarter price about $170,000. Lastly, Belpointe Asset Administration LLC bought a brand new stake in Horizon Know-how Finance within the fourth quarter price about $203,000. 9.50% of the inventory is presently owned by hedge funds and different institutional traders.
Horizon Know-how Finance Firm Profile (Get Ranking)
Horizon Know-how Finance Corp. operates as a finance firm. The agency engages within the provision of capital within the type of secured loans to enterprise capital backed corporations. It additionally includes in lending and investing in portfolio corporations in expertise, life science, healthcare info and companies and cleantech industries.
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