ValuEngine upgraded shares of WhiteHorse Finance (NASDAQ:WHF) from a sell rating to a hold rating in a research report report published on Wednesday morning.
Other equities research analysts have also recently issued reports about the company. BidaskClub upgraded WhiteHorse Finance from a hold rating to a buy rating in a research report on Friday, July 20th. B. Riley restated a buy rating and set a $15.00 target price on shares of WhiteHorse Finance in a research report on Friday, November 2nd. Zacks Investment Research upgraded WhiteHorse Finance from a hold rating to a buy rating and set a $14.00 target price on the stock in a research report on Thursday, November 1st. TheStreet cut WhiteHorse Finance from a b rating to a c+ rating in a research report on Wednesday, October 24th. Finally, JPMorgan Chase & Co. raised their target price on WhiteHorse Finance from $13.00 to $14.00 and gave the company a neutral rating in a research report on Monday, July 23rd. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. WhiteHorse Finance currently has a consensus rating of Buy and an average target price of $14.25.
Shares of NASDAQ:WHF traded down $0.13 during trading on Wednesday, reaching $13.70. 20,124 shares of the company’s stock traded hands, compared to its average volume of 31,442. WhiteHorse Finance has a fifty-two week low of $10.92 and a fifty-two week high of $15.80. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $282.30 million, a PE ratio of 9.61 and a beta of 0.75.
Hedge funds have recently bought and sold shares of the stock. Telemus Capital LLC acquired a new stake in WhiteHorse Finance in the 2nd quarter worth about $145,000. Resource America Inc. boosted its holdings in WhiteHorse Finance by 2.5% in the 2nd quarter. Resource America Inc. now owns 252,260 shares of the investment management company’s stock worth $3,660,000 after buying an additional 6,047 shares during the last quarter. Millennium Management LLC acquired a new stake in WhiteHorse Finance in the 2nd quarter worth about $853,000. Eqis Capital Management Inc. acquired a new stake in WhiteHorse Finance in the 2nd quarter worth about $200,000. Finally, Macquarie Group Ltd. boosted its holdings in WhiteHorse Finance by 81.6% in the 2nd quarter. Macquarie Group Ltd. now owns 39,748 shares of the investment management company’s stock worth $577,000 after buying an additional 17,861 shares during the last quarter. Institutional investors own 8.84% of the company’s stock.
About WhiteHorse Finance
WhiteHorse Finance, LLC is a business development company.
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