Excellent West Existence Assurance Co is described to have ordered extra shares of Horizon Technology Finance Co (NASDAQ: HRZN) in the course of the third quarter, as stated in the company’s most new 13F filing with the Securities and Trade Commission (SEC).

At the close of the most current reporting time period, Wonderful West Existence Assurance Business owned somewhere around .09% of the shares of Horizon Know-how Finance.

The institutional investor ordered 23,251 shares in the expense management corporation for close to $231,000.

In new months, a number of extra large investors have modified the pursuits they now keep in the corporation, and many investors have designed these variations.

The proportion of Resourceful Monetary Styles INC ADV’s portfolio invested in Horizon Technological know-how Finance observed a 13.3% improve during the third quarter owing to the company’s expense strategy. Adhering to the acquisition of an additional 1,173 shares for the duration of the previous quarter, Imaginative Economic Models INC (ADV) now possesses 10,007 shares of the financial investment management company’s inventory, valued at $100,000.

This brings the company’s overall holdings to 10,073 shares, equal to a complete investment of $100,000.

In the course of the 2nd quarter, Natixis Advisors L.P.

Expanded its holdings by obtaining an added 3,50% of shares of Horizon Engineering Finance. Natixis Advisors L.P. now has 49,522 shares of the financial investment management company’s inventory pursuing the acquisition of an added 1,659 shares through the most the latest reporting interval.

Each individual share of the investment decision management company’s inventory has a sector worth of $571,000.

Through the next quarter, JPMorgan Chase & Co raised the amount of money of revenue it invested in Horizon Engineering Finance by 86.5% from the previous quarter’s full. JPMorgan Chase & Co now has a full of 3,969 shares of the investment decision management company’s inventory, which they obtained by buying an added 1,841 shares all through the period in issue.

The inventory is currently valued at $46,000.

PNC Monetary Solutions Team INC elevated its stake in Horizon Technological innovation Finance by acquiring an extra 28,000 shares during the to start with three months of 2016.

And lastly, through the second quarter, CPR Investments INC greater the share of Horizon Engineering Finance in which it is invested by 5.5%, bringing the whole to 100%. Following the completion of the transaction, CPR Investments INC possesses a overall of 47,460 shares of the investment administration company’s inventory, which are at present valued at $548,000 since the company built an extra buy of 2,480 shares throughout the period of time. Shares of the enterprise are at this time held by various varieties of institutional investors, like hedge cash, to the extent of 9.82%.
At the beginning of buying and selling on Monday, a share of Horizon Know-how Finance was $12.31.

The latest value-to-earnings ratio for the stock is 15.20, with a beta value of 1.18 these metrics merge to give the inventory a market place value of $324.98 million. Above the earlier 12 months, the share selling price of Horizon Technological innovation Finance Co has moved in a array that has spanned from $9.67 to $16.39, with a lower of $9.67 and a large of $16.39.

The present 50-day going ordinary for the enterprise is $12.22, and the 200-day shifting typical for the organization is also $12.15.
Quite a few analysts specializing in fairness analysis have compiled new studies on the HRZN stock.
StockNews.com started out providing coverage of the firm Horizon Know-how Finance on Oct 12 by way of its protection of the company’s shares.

They suggested “selling” the inventory to prospective buyers.

In a report distributed on Tuesday, December 20, Keefe, Bruyette & Woods reduced their value target for Horizon Technologies Finance from $11.50 to $10.50 and improved their rating for the company from “market perform” to “underperform.” These steps were being taken in reaction to the company’s bad general performance.

The stock has been offered a ranking of “sell” by two analysts in the economical market, though a score of “hold” has been assigned to it by four other analysts.

According to the information offered by Bloomberg, the current recommendation amongst current market professionals for Horizon Engineering Finance is “hold,” and the company’s price purpose is predicted to common $10.88.

In other the latest news regarding Horizon Know-how Finance, President Gerald A.

Michaud purchased 18,250 shares on Tuesday, December 20.

This was the most current progress in this story.

The over-all rate of the shares arrived to a overall of $201,297.50, with an typical cost for every share of 11.03 pounds.

As a final result of the acquisition, the president now owns 144,585 shares of the enterprise, which have an combination benefit of $1,594,772.55.