WhiteHawk Income (NYSE:WHK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of WhiteHawk Income (NYSE:WHK) from a sell rating to a hold rating in a report published on Sunday morning,Wall Street Zen reports.

Several other equities analysts have also recently issued reports on WHK. Stifel Nicolaus started coverage on WhiteHawk Income in a report on Thursday, September 10th. They issued a “buy” rating and a $32.00 price target on the stock. Weiss Ratings started coverage on shares of WhiteHawk Income in a research report on Monday, August 31st. They set a “sell (e)” rating on the stock. Raymond James Financial cut their target price on shares of WhiteHawk Income from $37.00 to $35.00 and set a “strong-buy” rating on the stock in a research report on Friday, October 2nd. Finally, Zacks Research upgraded shares of WhiteHawk Income from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $32.00.

WhiteHawk Income Trading Up 1.4%

WHK stock opened at $24.89 on Friday. WhiteHawk Income has a 1-year low of $24.01 and a 1-year high of $29.07. The firm has a 50 day moving average of $26.23. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.39 and a current ratio of 1.39.

Hedge Funds Weigh In On WhiteHawk Income

Several hedge funds and other institutional investors have recently made changes to their positions in WHK. Alpha Wealth Funds LLC bought a new stake in WhiteHawk Income during the third quarter worth $249,000. Readystate Asset Management LP bought a new position in shares of WhiteHawk Income in the 2nd quarter valued at about $696,000. BlueCrest Capital Management Ltd acquired a new position in shares of WhiteHawk Income during the 2nd quarter worth about $3,756,000. Alyeska Investment Group L.P. acquired a new position in shares of WhiteHawk Income during the 2nd quarter worth about $6,955,000. Finally, Citadel Advisors LLC bought a new stake in shares of WhiteHawk Income in the 2nd quarter valued at about $10,215,000.

About WhiteHawk Income

WhiteHawk Income Corporation is a business development company focused on providing debt financing to middle-market businesses. Its investment strategy centers on privately negotiated loans, including senior secured loans, intended to generate income from its portfolio. The company primarily invests in U.S. businesses and is externally managed by WhiteHawk Capital Partners, an investment manager specializing in middle-market credit. Through its investments, WhiteHawk Income provides companies with access to financing while offering investors exposure to private credit.