Heritage CommerceHTBK
Market Cap: 653M
About: Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.
Employees: 351
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
8,100% more call options, than puts
Call options by funds: $246K | Put options by funds: $3K
200% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 2 (+2) [Q1 2024]
1.49% more ownership
Funds ownership: 73.17% [Q4 2023] → 74.66% (+1.49%) [Q1 2024]
7% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 58
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
1% more funds holding
Funds holding: 166 [Q4 2023] → 167 (+1) [Q1 2024]
12% less capital invested
Capital invested by funds: $443M [Q4 2023] → $392M (-$51.6M) [Q1 2024]
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Piper Sandler Andrew Liesch | 13%upside $12 | Overweight Maintained | 26 Jul 2024 |
Keefe, Bruyette & Woods Wood Lay | 8%upside $11.5 | Outperform Maintained | 26 Jul 2024 |
Piper Sandler Andrew Liesch | 6%downside $10 | Overweight Maintained | 26 Apr 2024 |
Financial journalist opinion
Based on 5 articles about HTBK published over the past 30 days