ValuEngine upgraded shares of WhiteHorse Finance (NASDAQ:WHF) from a sell rating to a hold rating in a research note released on Wednesday.

WHF has been the topic of several other reports. TheStreet lowered shares of WhiteHorse Finance from a b rating to a c+ rating in a report on Wednesday, October 24th. Zacks Investment Research raised shares of WhiteHorse Finance from a hold rating to a buy rating and set a $14.00 price target on the stock in a report on Thursday, November 1st. BidaskClub raised shares of WhiteHorse Finance from a strong sell rating to a sell rating in a research note on Wednesday, September 12th. JPMorgan Chase & Co. increased their target price on shares of WhiteHorse Finance from $13.00 to $14.00 and gave the stock a neutral rating in a research note on Monday, July 23rd. Finally, B. Riley reissued a buy rating and set a $15.00 target price on shares of WhiteHorse Finance in a research note on Friday, November 2nd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. WhiteHorse Finance presently has an average rating of Buy and an average target price of $14.25.

NASDAQ:WHF traded up $0.06 during mid-day trading on Wednesday, hitting $13.80. The company’s stock had a trading volume of 310 shares, compared to its average volume of 31,132. WhiteHorse Finance has a 1 year low of $10.92 and a 1 year high of $15.80. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.48 and a current ratio of 1.48. The firm has a market cap of $276.55 million, a price-to-earnings ratio of 10.19 and a beta of 0.75.

WhiteHorse Finance (NASDAQ:WHF) last posted its quarterly earnings results on Tuesday, November 6th. The investment management company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. WhiteHorse Finance had a net margin of 100.60% and a return on equity of 9.94%. The company had revenue of $15.32 million for the quarter, compared to analyst estimates of $15.61 million. As a group, equities research analysts predict that WhiteHorse Finance will post 1.48 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of WHF. Dynamic Technology Lab Private Ltd purchased a new stake in shares of WhiteHorse Finance during the 1st quarter worth about $165,000. Eqis Capital Management Inc. purchased a new stake in shares of WhiteHorse Finance during the 2nd quarter worth about $200,000. Telemus Capital LLC purchased a new stake in shares of WhiteHorse Finance during the 2nd quarter worth about $145,000. Legal & General Group Plc purchased a new stake in shares of WhiteHorse Finance during the 2nd quarter worth about $982,000. Finally, Resource America Inc. boosted its stake in shares of WhiteHorse Finance by 2.5% during the 2nd quarter. Resource America Inc. now owns 252,260 shares of the investment management company’s stock worth $3,660,000 after acquiring an additional 6,047 shares in the last quarter. 8.84% of the stock is currently owned by institutional investors and hedge funds.

WhiteHorse Finance Company Profile

WhiteHorse Finance, LLC is a business development company.

Further Reading: Dollar Cost Averaging

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Analyst Recommendations for WhiteHorse Finance (NASDAQ:WHF)

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