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Garrison Capital (NASDAQ:GARS) CFO Brian S. Chase purchased 1,318 shares of the stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was purchased at an average price of $14.62 per share, with a total value of $19,269.16. Following the completion of the transaction, the chief financial officer now directly owns 12,018 shares in the company, valued at approximately $175,703. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of research firms have recently commented on GARS. Analysts at Robert W. Baird downgraded shares of Garrison Capital from an “outperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $15.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Ladenburg Thalmann initiated coverage on shares of Garrison Capital in a research note on Monday. They set a “neutral” rating on the stock.

Shares of Garrison Capital (NASDAQ:GARS) traded up 1.51% on Friday, hitting $14.83. The stock had a trading volume of 58,989 shares. Garrison Capital has a 1-year low of $13.68 and a 1-year high of $15.75. The stock has a 50-day moving average of $14.31 and a 200-day moving average of $14.27.

Garrison Capital (NASDAQ:GARS) last announced its earnings results on Thursday, March 13th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.02. Analysts expect that Garrison Capital will post $1.23 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 9.44%. The ex-dividend date of this dividend is Wednesday, June 11th.

Garrison Capital Inc, (NASDAQ:GARS) is a non-diversified closed-end management investment company.

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