Notable Dividend Flow: Nov 15, 2016 will introduce $0.12 dividends for investors in Horizon Technology Finance Corporation (NASDAQ:HRZN).

Notable Dividend Flow: Nov 15, 2016 will introduce $0.12 dividends for investors in Horizon Technology Finance Corporation (NASDAQ:HRZN).

Horizon Technology Finance Corporation (NASDAQ:HRZN) is expected to pay $0.12 on Nov 15, 2016. The indicated annual dividend is $0.46. Shareholders owning the stock before Oct 18, 2016 will be eligible to receive the payout. Based on Horizon Technology Finance Corporation’s current price of $13.63, the dividend is 0.84%. This dividend’s record date is Oct 20, 2016 and the announcement date is Aug 3, 2016. The stock decreased 0.80% or $0.11 on October 14, hitting $13.63. Horizon Technology Finance Corp (NASDAQ:HRZN) has risen 14.54% since March 14, 2016 and is uptrending. It has outperformed by 8.93% the S&P500.

Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The company has a market cap of $156.15 million. The Company’s investment objective is to generate current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It has a 20.87 P/E ratio. The Firm operates through lending and investment segment.

Insitutional Activity: The institutional sentiment decreased to 0.93 in 2016 Q2. Its down 0.21, from 1.14 in 2016Q1. The ratio fall, as 6 funds sold all Horizon Technology Finance Corp shares owned while 9 reduced positions. 7 funds bought stakes while 7 increased positions. They now own 1.84 million shares or 11.28% less from 2.08 million shares in 2016Q1.
Lsv Asset Mgmt has invested 0% of its portfolio in Horizon Technology Finance Corp (NASDAQ:HRZN). Pnc Services Grp last reported 116 shares in the company. Axa holds 0% of its portfolio in Horizon Technology Finance Corp (NASDAQ:HRZN) for 20,503 shares. Guggenheim Capital Limited Liability has 0% invested in the company for 72,216 shares. Morgan Stanley holds 0% of its portfolio in Horizon Technology Finance Corp (NASDAQ:HRZN) for 127,991 shares. The United Kingdom-based Barclays Pcl has invested 0% in Horizon Technology Finance Corp (NASDAQ:HRZN). Founders Fincl Lc last reported 0.09% of its portfolio in the stock. Confluence Invest Mgmt Lc last reported 179,012 shares in the company. Moreover, Radcliffe Capital Mgmt Ltd Partnership has 0.03% invested in Horizon Technology Finance Corp (NASDAQ:HRZN) for 11,400 shares. The Illinois-based Peak6 Ltd Partnership has invested 0% in Horizon Technology Finance Corp (NASDAQ:HRZN). D E Shaw & Inc holds 0% or 16,257 shares in its portfolio. Royal Bancorp Of Canada holds 19,300 shares or 0% of its portfolio. West Family Invests holds 206,354 shares or 0.46% of its portfolio. Hudock Gp Limited Company last reported 400 shares in the company. Jpmorgan Chase last reported 27,343 shares in the company.

Horizon Technology Finance Corp (NASDAQ:HRZN) Ratings Coverage

Out of 2 analysts covering Horizon Technology Finance (NASDAQ:HRZN), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Horizon Technology Finance has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Oppenheimer downgraded Horizon Technology Finance Corp (NASDAQ:HRZN) on Thursday, August 4 to “Perform” rating. Raymond James downgraded the stock to “Mkt Perform” rating in Wednesday, January 27 report. The company was upgraded on Thursday, March 10 by Oppenheimer. National Securities maintained Horizon Technology Finance Corp (NASDAQ:HRZN) on Wednesday, August 5 with “Buy” rating. The company was upgraded on Tuesday, November 10 by Raymond James.

More notable recent Horizon Technology Finance Corp (NASDAQ:HRZN) news were published by: Marketwatch.com which released: “Horizon Technology downgraded to perform from outperform at Oppenheimer” on April 18, 2011, also Globenewswire.com with their article: “Horizon Technology Finance Announces Resignation of CFO and Names Daniel R …” published on August 23, 2016, Seekingalpha.com published: “Horizon Technology Finance Corporation’s (HRZN) CEO Robert Pomeroy on Q1 2016 …” on August 03, 2016. More interesting news about Horizon Technology Finance Corp (NASDAQ:HRZN) were released by: Moodys.com and their article: “Moody’s upgrades Horizon Technology Finance Corporation sponsored venture debt …” published on December 08, 2015 as well as Nasdaq.com‘s news article titled: “Horizon Technology Finance Corporation (HRZN) Ex-Dividend Date Scheduled for …” with publication date: September 15, 2016.

HRZN Company Profile

Horizon Technology Finance Corporation, incorporated on March 16, 2010, is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The Firm operates through lending and investment segment. The Firm operates as a specialty finance company. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and cleantech industries (collectively Target Industries). The Firm is focused on making secured debt investments (Venture Loans) to venture capital backed companies in its Target Industries. It also provides Venture Loans to publicly traded companies in its Target Industries.

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