As Hercules Capital (HTGC) Valuation Declined, West Family Investments Lowered Holding; Hudson Bay Capital Management LP Boosted Stake in Jd.Com (JD) by $722,000 as Market Value Rose

January 13, 2018 - By Dolores Ford

West Family Investments Inc decreased its stake in Hercules Capital Inc (HTGC) by 75.9% based on its latest 2017Q3 regulatory filing with the SEC. West Family Investments Inc sold 62,982 shares as the company’s stock declined 12.59% while stock markets rallied. The institutional investor held 20,000 shares of the company at the end of 2017Q3, valued at $258,000, down from 82,982 at the end of the previous reported quarter. West Family Investments Inc who had been investing in Hercules Capital Inc for a number of months, seems to be less bullish one the $1.09B market cap company. The stock decreased 0.23% or $0.03 during the last trading session, reaching $13. About 250,854 shares traded. Hercules Capital, Inc. (NYSE:HTGC) has risen 12.95% since January 13, 2017 and is uptrending. It has underperformed by 3.75% the S&P500.

Sander Gerber increased its stake in Jd.Com Inc (JD) by 4.17% based on its latest 2017Q3 regulatory filing with the SEC. Hudson Bay Capital Management Lp bought 19,000 shares as the company’s stock rose 37.55% with the market. The hedge fund run by Sander Gerber held 474,427 shares of the consumer services company at the end of 2017Q3, valued at $18.12 million, up from 455,427 at the end of the previous reported quarter. Hudson Bay Capital Management Lp who had been investing in Jd.Com Inc for a number of months, seems to be bullish on the $66.07 billion market cap company. The stock decreased 0.45% or $0.21 during the last trading session, reaching $46.4. About 9.37M shares traded. JD.com, Inc. (NASDAQ:JD) has risen 77.67% since January 13, 2017 and is uptrending. It has outperformed by 60.97% the S&P500.

Analysts await Hercules Capital, Inc. (NYSE:HTGC) to report earnings on February, 22. They expect $0.29 earnings per share, down 32.56% or $0.14 from last year’s $0.43 per share. HTGC’s profit will be $24.40M for 11.21 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by Hercules Capital, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 13 analysts covering Hercules Tech (NYSE:HTGC), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Hercules Tech had 28 analyst reports since August 7, 2015 according to SRatingsIntel. JMP Securities reinitiated it with “Mkt Outperform” rating and $14.50 target in Monday, August 7 report. Wood maintained the stock with “Outperform” rating in Friday, April 7 report. The firm has “Neutral” rating by Compass Point given on Wednesday, January 27. The rating was upgraded by Compass Point to “Buy” on Friday, September 8. The stock of Hercules Capital, Inc. (NYSE:HTGC) earned “Buy” rating by Keefe Bruyette & Woods on Sunday, October 22. Jefferies maintained Hercules Capital, Inc. (NYSE:HTGC) on Tuesday, August 15 with “Buy” rating. The firm earned “Outperform” rating on Friday, February 26 by FBR Capital. The rating was upgraded by Bruyette & Woods” on Friday, August 7 to “Outperform”. Wood maintained the shares of HTGC in report on Friday, April 21 with “Outperform” rating. The stock of Hercules Capital, Inc. (NYSE:HTGC) has “Market Perform” rating given on Friday, November 3 by Raymond James.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.60, from 1.57 in 2017Q2. It is negative, as 25 investors sold HTGC shares while 42 reduced holdings. 21 funds opened positions while 44 raised stakes. 29.72 million shares or 7.71% less from 32.20 million shares in 2017Q2 were reported. 8,311 were accumulated by Advisory Svcs Ntwk Limited Co. Us Retail Bank De has 0% invested in Hercules Capital, Inc. (NYSE:HTGC) for 13,311 shares. First Allied Advisory Svcs Inc stated it has 13,647 shares or 0.01% of all its holdings. D E Shaw Inc holds 0% or 56,004 shares in its portfolio. Financial Counselors reported 13,000 shares. Cipher Cap Limited Partnership invested in 33,519 shares or 0.03% of the stock. Nomura stated it has 386,452 shares or 0.01% of all its holdings. Private Advisor Grp Incorporated Ltd Liability Com invested in 18,955 shares. Moreover, Reilly Fincl Advsrs Ltd Llc has 0% invested in Hercules Capital, Inc. (NYSE:HTGC). Mckinley Limited Liability Co Delaware has invested 0.13% in Hercules Capital, Inc. (NYSE:HTGC). Teachers Retirement Sys Of The State Of Kentucky reported 0.01% in Hercules Capital, Inc. (NYSE:HTGC). The Alberta – Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management has invested 0% in Hercules Capital, Inc. (NYSE:HTGC). Hightower Ltd Liability owns 0.01% invested in Hercules Capital, Inc. (NYSE:HTGC) for 91,368 shares. Highlander Management holds 3,532 shares. Covington Cap Management invested in 350 shares or 0% of the stock.

West Family Investments Inc, which manages about $826.91M US Long portfolio, upped its stake in Solar Sr Cap Ltd (NASDAQ:SUNS) by 54,593 shares to 495,609 shares, valued at $8.54M in 2017Q3, according to the filing. It also increased its holding in General Electric Co (NYSE:GE) by 77,952 shares in the quarter, for a total of 79,952 shares, and has risen its stake in Tcg Bdc Inc.

Hudson Bay Capital Management Lp, which manages about $4.18 billion and $4.02B US Long portfolio, decreased its stake in Almost Family Inc (NASDAQ:AFAM) by 7,500 shares to 75,000 shares, valued at $4.03 million in 2017Q3, according to the filing. It also reduced its holding in Pnc Financial Services Group (Put) by 32,100 shares in the quarter, leaving it with 20,000 shares, and cut its stake in Apple Inc (Call).

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