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Garrison Capital (NASDAQ:GARS) CFO Brian S. Chase bought 1,318 shares of Garrison Capital 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 purchase, the chief financial officer now directly owns 12,018 shares in the company, valued at approximately $175,703. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Garrison Capital (NASDAQ:GARS) opened at 14.83 on Friday. Garrison Capital has a 1-year low of $13.68 and a 1-year high of $15.75. The stock’s 50-day moving average is $14.33 and its 200-day moving average is $14.28.

Garrison Capital (NASDAQ:GARS) last issued its quarterly earnings data 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. On average, analysts predict that Garrison Capital will post $1.23 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, June 27th. Shareholders 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.

Several analysts have recently commented on the stock. 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, June 2nd. They set a “neutral” rating on the stock.

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

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