Delphi Management Raised Its Hercules Capital (HTGC) Position by $879,853 as Stock Declined; Holder Laffer Investments Upped At&T (T) Holding

Hercules Capital, Inc. (NYSE:HTGC) Logo

Laffer Investments increased its stake in At&T Inc (T) by 0.32% based on its latest 2018Q3 regulatory filing with the SEC. Laffer Investments bought 199 shares as the company’s stock declined 7.66% with the market. The institutional investor held 62,930 shares of the telecommunications equipment company at the end of 2018Q3, valued at $2.11 billion, up from 62,731 at the end of the previous reported quarter. Laffer Investments who had been investing in At&T Inc for a number of months, seems to be bullish on the $217.30 billion market cap company. The stock increased 0.10% or $0.03 during the last trading session, reaching $29.84. About 30.04 million shares traded. AT&T Inc. (NYSE:T) has declined 17.31% since February 14, 2018 and is downtrending. It has underperformed by 17.31% the S&P500. Some Historical T News: 30/03/2018 – AT&T INC T.N SETS QUARTERLY DIVIDEND OF $0.50/SHR; 24/04/2018 – FITCH MAINTAINS AT&T’S LONG-TERM IDR ON RATING WATCH NEGATIVE; 20/04/2018 – $VZ $T $TMUS $S all diving here; 30/05/2018 – AT&T CEO: HIRING MICHAEL COHEN WAS `BAD MISTAKE’; 22/03/2018 – AT&TPUBLICPOLICY: AT&T COMMENDS FCC FOR TAKING BOLD STEPS TO FA; 04/04/2018 – Arbitration Questioned for U.S. Challenge of AT&T Bid for Time Warner; 09/05/2018 – AT&T paying Trump’s lawyer gobs of cash is a PR nightmare that raises big questions; 18/04/2018 – Time Warner CEO says merger with AT&T needed to compete with internet titans; 17/04/2018 – Light Reading’s Big Communications Event Brings Telco Leaders Together in Austin; 05/04/2018 – U.S. says AT&T wants Time Warner deal to save pay-TV ‘cash cow’

Delphi Management Inc increased its stake in Hercules Capital Inc (HTGC) by 222.52% based on its latest 2018Q3 regulatory filing with the SEC. Delphi Management Inc bought 67,681 shares as the company’s stock declined 11.04% with the market. The institutional investor held 98,097 shares of the company at the end of 2018Q3, valued at $1.29 million, up from 30,416 at the end of the previous reported quarter. Delphi Management Inc who had been investing in Hercules Capital Inc for a number of months, seems to be bullish on the $1.25B market cap company. It closed at $12.97 lastly. It is down 10.70% since February 14, 2018 and is downtrending. It has underperformed by 10.70% the S&P500. Some Historical HTGC News: 02/04/2018 – FuelCell Energy Refinances Loan Facility with Hercules Capital; 24/04/2018 – S&PGR Rates Hercules Capital Inc. $75 Million Notes ‘BBB-‘; 23/05/2018 – TransEnterix, Inc. Announces Loan Agreement With Hercules Cap; 22/05/2018 – Hercules Capital Presenting at Conference Tomorrow; 03/05/2018 – HERCULES CAPITAL 1Q RETURN ON AVG. ASSETS 6.5%, EST. 6.34%; 03/05/2018 – HERCULES CAPITAL 1Q INVESTMENT EPS 31C, EST. 30C; 02/04/2018 – FUELCELL ENERGY SAYS ENTERED INTO AMENDMENT TO REFINANCE ITS EXISTING CREDIT FACILITY WITH HERCULES CAPITAL – SEC FILING; 23/04/2018 – Hercules Capital Prices Public Offering of $75.0 Million 5.25% Notes due 2025; 23/05/2018 – TRANSENTERIX, REPORTS LOAN PACT WITH HERCULES CAPITAL; 26/04/2018 – Hercules Capital Closes Public Offering of $75.0 Million 5.25% Notes Due 2025

More notable recent AT&T Inc. (NYSE:T) news were published by: Investorplace.com which released: “Why Under Armour Stock Won’t Hit $25 – Investorplace.com” on February 13, 2019, also Seekingalpha.com with their article: “Twilio: Growth Isn’t Everything Anymore – Seeking Alpha” published on February 13, 2019, Seekingalpha.com published: “What The Devil? AT&T’s Dividend Is 6.66 Percent! – Seeking Alpha” on January 15, 2019. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “AT&T -2% on weak Q4 wireless adds – Seeking Alpha” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “AT&T: Don’t Panic Ahead Of Earnings – Seeking Alpha” with publication date: January 28, 2019.

Investors sentiment decreased to 1 in Q3 2018. Its down 1.31, from 2.31 in 2018Q2. It turned negative, as 97 investors sold T shares while 673 reduced holdings. 133 funds opened positions while 634 raised stakes. 3.52 billion shares or 3.17% less from 3.64 billion shares in 2018Q2 were reported. Salem Capital Mngmt reported 122,132 shares stake. Santa Barbara Asset Management Ltd Llc reported 4.08 million shares. 1,609 are held by Arcadia Invest Management Corp Mi. Zacks Invest holds 1.22% or 1.74M shares. Daiwa Sb Invests Limited has invested 1.5% in AT&T Inc. (NYSE:T). Davide Leone & Partners Investment Llp holds 5.24M shares or 20.06% of its portfolio. Mason Street Advisors Ltd Liability Co has 0.72% invested in AT&T Inc. (NYSE:T). Town & Country Bank & Trust & Tru Dba First Bankers Tru invested in 1.48% or 92,449 shares. Everence Management Inc has invested 0.9% in AT&T Inc. (NYSE:T). Pathstone Family Office Limited Liability Corporation, New Jersey-based fund reported 1,012 shares. Nichols And Pratt Advisers Ltd Liability Partnership Ma, a Massachusetts-based fund reported 146,689 shares. Moreover, Family Firm Incorporated has 0.1% invested in AT&T Inc. (NYSE:T) for 8,612 shares. Balyasny Asset Management Ltd Limited Liability Company owns 0.44% invested in AT&T Inc. (NYSE:T) for 2.92 million shares. Norris Perne French Llp Mi accumulated 29,950 shares. Da Davidson & Company has invested 0.97% of its portfolio in AT&T Inc. (NYSE:T).

Laffer Investments, which manages about $614.32 million and $403.90 billion US Long portfolio, decreased its stake in Ishares Mbs Etf (MBB) by 445 shares to 4,069 shares, valued at $420.45 million in 2018Q3, according to the filing. It also reduced its holding in Rio Tinto Plc (NYSE:RIO) by 528 shares in the quarter, leaving it with 11,549 shares, and cut its stake in United Parcel Services (NYSE:UPS).

Among 37 analysts covering AT&T Inc. (NYSE:T), 17 have Buy rating, 2 Sell and 18 Hold. Therefore 46% are positive. AT&T Inc. had 101 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Hold” on Thursday, February 1. The firm has “Hold” rating given on Tuesday, October 25 by Independent Research. The rating was initiated by DA Davidson on Thursday, February 4 with “Buy”. Buckingham Research downgraded AT&T Inc. (NYSE:T) on Friday, June 24 to “Neutral” rating. The company was maintained on Wednesday, April 27 by Cowen & Co. Cowen & Co maintained AT&T Inc. (NYSE:T) on Tuesday, July 18 with “Hold” rating. Barclays Capital maintained AT&T Inc. (NYSE:T) on Friday, July 15 with “Overweight” rating. The firm earned “Mkt Perform” rating on Friday, July 24 by FBR Capital. The firm has “Hold” rating by Scotia Capital given on Friday, April 20. On Friday, March 23 the stock rating was maintained by Wells Fargo with “Outperform”.

Among 14 analysts covering Hercules Tech (NYSE:HTGC), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Hercules Tech had 36 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Hercules Capital, Inc. (NYSE:HTGC) earned “Outperform” rating by Wedbush on Wednesday, February 7. The firm has “Outperform” rating by Wood given on Friday, April 7. On Wednesday, January 10 the stock rating was maintained by FBR Capital with “Buy”. Wood upgraded it to “Market Perform” rating and $14 target in Friday, August 7 report. The firm earned “Buy” rating on Monday, May 15 by Jefferies. Sandler O’Neill maintained the stock with “Buy” rating in Friday, February 23 report. Bruyette & Woods” upgraded the shares of HTGC in report on Friday, August 7 to “Outperform” rating. The firm has “Buy” rating given on Tuesday, August 15 by Jefferies. Compass Point maintained Hercules Capital, Inc. (NYSE:HTGC) rating on Wednesday, July 6. Compass Point has “Neutral” rating and $12 target. On Friday, February 24 the stock rating was maintained by FBR Capital with “Outperform”.

More notable recent Hercules Capital, Inc. (NYSE:HTGC) news were published by: Seekingalpha.com which released: “Hercules Capital: This 6.25% Baby Bond Has Begun Trading On The NYSE – Seeking Alpha” on September 29, 2018, also Bizjournals.com with their article: “Bay Area bank makes key hire to debut venture lending – San Francisco Business Times” published on December 21, 2018, Businesswire.com published: “Hercules Capital Proudly Announces Eight Portfolio Companies Have Completed or Announced an IPO or M&A Liquidity Event Year-to-Date 2018 – Business Wire” on July 11, 2018. More interesting news about Hercules Capital, Inc. (NYSE:HTGC) were released by: Businesswire.com and their article: “Hercules Capital Receives Stockholder Approval to Reduce Its Asset Coverage Requirement to 150% – Business Wire” published on December 06, 2018 as well as Businesswire.com‘s news article titled: “Hercules Capital Completes Outstanding Fourth Quarter Originations Activity and Achieves All-Time Record of More Than $1.21 Billion in Total New Debt and Equity Commitments in 2018(1) – Business Wire” with publication date: January 07, 2019.

Investors sentiment increased to 1.48 in Q3 2018. Its up 0.13, from 1.35 in 2018Q2. It is positive, as 12 investors sold HTGC shares while 40 reduced holdings. 30 funds opened positions while 47 raised stakes. 31.89 million shares or 1.88% more from 31.31 million shares in 2018Q2 were reported. Granite Inv Prtnrs Ltd Com reported 0.93% of its portfolio in Hercules Capital, Inc. (NYSE:HTGC). Citigroup stated it has 19,609 shares. Nomura accumulated 0.02% or 383,585 shares. State Bank Of Mellon Corp has invested 0% in Hercules Capital, Inc. (NYSE:HTGC). Virtu Ltd Company stated it has 0% of its portfolio in Hercules Capital, Inc. (NYSE:HTGC). Private Advisor has invested 0.01% in Hercules Capital, Inc. (NYSE:HTGC). Ancora Advisors Limited Com reported 0% stake. James Invest Incorporated holds 0% or 1,800 shares. Telemus Ltd Liability has 0.01% invested in Hercules Capital, Inc. (NYSE:HTGC) for 15,000 shares. Moreover, Comml Bank Of America De has 0% invested in Hercules Capital, Inc. (NYSE:HTGC). Gilman Hill Asset Mngmt invested 1.83% in Hercules Capital, Inc. (NYSE:HTGC). Advisory Svcs Net Lc has invested 0.01% in Hercules Capital, Inc. (NYSE:HTGC). Bsw Wealth Prtn owns 18,697 shares for 0.09% of their portfolio. Shelton Cap Mgmt holds 87,050 shares. Tower Capital Ltd Liability Company (Trc) owns 1,935 shares.

Hercules Capital, Inc. (NYSE:HTGC) Institutional Positions Chart