WhiteHorse Finance (WHF) Lifted to Hold at ValuEngine
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.
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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