Horizon Technology Finance (HRZN) Is At $10.23 Formed Wedge; Cramer Rosenthal Mcglynn Has Lifted Its Tiffany & Co (TIF) Stake

Tiffany & Co. (NYSE:TIF) Logo

Horizon Technology Finance Corporation (HRZN) formed wedge down with $9.41 target or 8.00% below today’s $10.23 share price. Horizon Technology Finance Corporation (HRZN) has $117.89 million valuation. The stock decreased 1.06% or $0.11 during the last trading session, reaching $10.23. About 103,502 shares traded or 37.30% up from the average. Horizon Technology Finance Corporation (NASDAQ:HRZN) has declined 5.12% since April 26, 2017 and is downtrending. It has underperformed by 16.67% the S&P500.

Cramer Rosenthal Mcglynn Llc increased Tiffany & Co (TIF) stake by 12.85% reported in 2017Q4 SEC filing. Cramer Rosenthal Mcglynn Llc acquired 169,833 shares as Tiffany & Co (TIF)’s stock declined 6.13%. The Cramer Rosenthal Mcglynn Llc holds 1.49M shares with $155.06 million value, up from 1.32 million last quarter. Tiffany & Co now has $12.55B valuation. The stock increased 1.27% or $1.26 during the last trading session, reaching $100.82. About 1.19M shares traded. Tiffany & Co. (NYSE:TIF) has risen 1.55% since April 26, 2017 and is uptrending. It has underperformed by 10.00% the S&P500.

Analysts await Horizon Technology Finance Corporation (NASDAQ:HRZN) to report earnings on May, 1. They expect $0.29 earnings per share, 0.00% or $0.00 from last year’s $0.29 per share. HRZN’s profit will be $3.34M for 8.82 P/E if the $0.29 EPS becomes a reality. After $0.21 actual earnings per share reported by Horizon Technology Finance Corporation for the previous quarter, Wall Street now forecasts 38.10% EPS growth.

Among 7 analysts covering Horizon Technology Finance (NASDAQ:HRZN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Horizon Technology Finance has $14 highest and $11.0 lowest target. $12.38’s average target is 21.02% above currents $10.23 stock price. Horizon Technology Finance had 17 analyst reports since August 6, 2015 according to SRatingsIntel. As per Sunday, October 22, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Neutral” rating on Thursday, November 3 by National Securities. The stock has “Hold” rating by Compass Point on Monday, August 21. The firm has “Underperform” rating given on Tuesday, January 9 by Wells Fargo. The rating was maintained by Oppenheimer with “Hold” on Thursday, August 3. The firm earned “Mkt Perform” rating on Wednesday, January 27 by Raymond James. The company was downgraded on Thursday, August 4 by Oppenheimer. The stock has “Buy” rating by National Securities on Wednesday, August 5. The rating was downgraded by Raymond James on Thursday, August 3 to “Underperform”. The firm earned “Outperform” rating on Thursday, March 10 by Oppenheimer.

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.25, from 1 in 2017Q3. It is positive, as 4 investors sold Horizon Technology Finance Corporation shares while 8 reduced holdings. 9 funds opened positions while 6 raised stakes. 1.48 million shares or 2.55% less from 1.52 million shares in 2017Q3 were reported. Brown Advisory Lc holds 0.04% or 19,950 shares. Stratos Wealth Prtnrs holds 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN) or 250 shares. Advsrs Asset Mngmt has invested 0.06% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Macquarie Gru holds 0% or 27,586 shares in its portfolio. Shelton Cap Management invested in 35,000 shares. Hillsdale Management Inc owns 0.18% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 96,769 shares. Royal Savings Bank Of Canada holds 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN) or 21,369 shares. The Texas-based Bridgeway Capital Management has invested 0.02% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Regions reported 200 shares stake. Founders Fincl Limited Liability invested in 0.04% or 10,472 shares. Axa holds 20,003 shares or 0% of its portfolio. Citigroup invested in 0% or 300 shares. Hudock Capital Gru Limited Liability Corp invested 0% of its portfolio in Horizon Technology Finance Corporation (NASDAQ:HRZN). Wells Fargo And Mn holds 0% or 35,230 shares. Guggenheim Capital Limited Liability stated it has 197,291 shares.

Since March 15, 2018, it had 1 insider purchase, and 0 selling transactions for $106,000 activity. Shares for $106,000 were bought by SAVAGE JOSEPH J.

Horizon Technology Finance Corporation (NASDAQ:HRZN) Institutional Positions Chart

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