Horizon Engineering Finance Co. (NASDAQ:HRZN – Get Ranking) CEO Robert D. Jr. Pomeroy obtained 4,000 shares of the firm’s stock in a transaction dated Friday, December 9th. The shares were being bought at an average price tag of $13.03 for every share, for a total transaction of $52,120.00. Pursuing the acquisition, the chief executive officer now owns 172,821 shares in the company, valued at somewhere around $2,251,857.63. The transaction was disclosed in a document submitted with the SEC, which can be accessed via the SEC site.
Horizon Know-how Finance Investing Up .2 %
HRZN inventory traded up $.03 for the duration of investing on Monday, hitting $12.88. The corporation had a buying and selling volume of 632 shares, compared to its ordinary volume of 182,168. The firm has a fifty working day going common rate of $11.99 and a two-hundred working day moving average value of $12.08. Horizon Technological innovation Finance Co. has a fifty-two week very low of $9.67 and a fifty-two week higher of $16.59. The corporation has a market place cap of $340.04 million, a P/E ratio of 15.86 and a beta of 1.14.
Horizon Technologies Finance (NASDAQ:HRZN – Get Ranking) very last issued its earnings outcomes on Tuesday, November 1st. The investment decision management enterprise claimed $.43 EPS for the quarter, beating the consensus estimate of $.33 by $.10. The corporation had earnings of $23.25 million for the quarter, in contrast to the consensus estimate of $18.92 million. Horizon Technologies Finance experienced a internet margin of 26.58% and a return on equity of 11.93%. On normal, analysts hope that Horizon Know-how Finance Co. will submit 1.42 earnings per share for the current calendar year.
Horizon Technology Finance Dividend Announcement
The enterprise also a short while ago disclosed a every month dividend, which will be compensated on Wednesday, March 15th. Shareholders of record on Friday, February 17th will be paid out a dividend of $.11 per share. The ex-dividend day of this dividend is Thursday, February 16th. This represents a $1.32 annualized dividend and a produce of 10.25%. Horizon Technology Finance’s dividend payout ratio is 148.15%.
Institutional Inflows and Outflows
Institutional traders have a short while ago modified their holdings of the enterprise. Commonwealth Equity Companies LLC grew its placement in Horizon Technology Finance by 12.5% in the course of the 1st quarter. Commonwealth Equity Companies LLC now owns 22,669 shares of the investment decision management firm’s inventory value $315,000 soon after obtaining an further 2,526 shares through the last quarter. Nia Impression Advisors LLC acquired a new stake in shares of Horizon Know-how Finance for the duration of the first quarter worth $140,000. PNC Economical Products and services Team Inc. obtained a new stake in shares of Horizon Engineering Finance in the first quarter valued at $28,000. Natixis Advisors L.P. elevated its holdings in shares of Horizon Technology Finance by 14.1% in the 1st quarter. Natixis Advisors L.P. now owns 47,863 shares of the financial commitment management firm’s stock valued at $665,000 after buying an more 5,931 shares through the very last quarter. Last but not least, Shelton Funds Management lifted its position in Horizon Technological innovation Finance by 8.5% throughout the 1st quarter. Shelton Money Administration now owns 410,000 shares of the expenditure administration company’s inventory well worth $5,699,000 immediately after buying an additional 32,000 shares in the final quarter. Institutional traders own 12.53% of the firm’s inventory.
Analyst Upgrades and Downgrades
Quite a few brokerages not too long ago issued reports on HRZN. Janney Montgomery Scott initiated protection on Horizon Technology Finance in a research be aware on Wednesday, Oct 5th. They established a “neutral” ranking and a $10.00 rate focus on on the stock. StockNews.com commenced protection on shares of Horizon Technology Finance in a report on Wednesday, October 12th. They issued a “offer” score on the stock. UBS Group began coverage on shares of Horizon Technological know-how Finance in a report on Friday, September 9th. They established a “neutral” ranking and a $12.50 value objective for the enterprise. Last but not least, B. Riley reiterated a “neutral” rating and set a $10.50 focus on selling price on shares of Horizon Technology Finance in a investigate report on Friday, September 16th. 1 equities analysis analyst has rated the inventory with a offer score and four have offered a hold score to the inventory. In accordance to MarketBeat.com, the stock presently has an common score of “Keep” and a consensus target selling price of $11.00.
About Horizon Technological innovation Finance
Horizon Technology Finance Corporation is a organization development company specializing in lending and and investing in advancement-phase investments. It focuses on producing secured personal debt and enterprise lending investments to undertaking money backed corporations in the technological innovation, lifestyle science, healthcare info and expert services, and cleantech industries.
Featured Content articles
This quick news warn was created by narrative science technological innovation and financial information from MarketBeat in purchase to deliver readers with the quickest and most accurate reporting. This story was reviewed by MarketBeat’s editorial staff prior to publication. Remember to deliver any concerns or reviews about this tale to [email protected].
In advance of you take into consideration Horizon Technologies Finance, you’ll want to listen to this.
MarketBeat retains observe of Wall Street’s best-rated and ideal performing research analysts and the shares they recommend to their purchasers on a daily foundation. MarketBeat has determined the five stocks that top rated analysts are quietly whispering to their clientele to acquire now prior to the broader market place catches on… and Horizon Technological know-how Finance wasn’t on the checklist.
Whilst Horizon Technological innovation Finance presently has a “Hold” score amid analysts, top rated-rated analysts believe that these five stocks are much better purchases.
Look at The Five Shares Below
