Is Hercules Technology Growth Capital Inc (HTGC) A Good Stock To Buy?

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Consequently, some big names have been driving this bullishness. Robert Raiff’s Raiff Partners created the largest position in Hercules Technology Growth Capital Inc (NYSE:HTGC). Raiff Partners had $1.4 million invested in the company at the end of the quarter. Ken Griffin’s Citadel Investment Group also made a $0.2 million investment in the stock during the quarter.

Let’s now take a look at hedge fund activity in other stocks – not necessarily in the same industry as Hercules Technology Growth Capital Inc (NYSE:HTGC) but similarly valued. These stocks are Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI), S & T Bancorp Inc (NASDAQ:STBA), National HealthCare Corporation (NYSEAMEX:NHC), and Secureworks Corp (NASDAQ:SCWX). This group of stocks’ market valuations are similar to HTGC’s market valuation.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
HASI 5 31683 -4
STBA 5 8625 -1
NHC 7 23466 0
SCWX 4 18056 -3

As you can see these stocks had an average of five funds with bullish positions and the average amount invested in these stocks was $20 million. That figure was $27 million in HTGC’s case. National HealthCare Corporation (NYSEAMEX:NHC) is the most popular stock in this table. On the other hand Secureworks Corp (NASDAQ:SCWX) is the least popular one with only four bullish hedge fund positions. Compared to these stocks Hercules Technology Growth Capital Inc (NYSE:HTGC) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

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Disclosure: none




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