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Stellus Capital Investment Corp (NYSE:SCM) CEO Robert T. Ladd acquired 2,000 shares of the company’s stock in a transaction dated Friday, June 13th. The stock was purchased at an average price of $14.28 per share, with a total value of $28,560.00. Following the completion of the acquisition, the chief executive officer now directly owns 99,496 shares in the company, valued at approximately $1,420,803. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Robert W. Baird downgraded shares of Stellus Capital Investment Corp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $14.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of Stellus Capital Investment Corp from $15.50 to $15.00 in a research note on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $14.92.

Stellus Capital Investment Corp (NYSE:SCM) traded down 0.07% on Monday, hitting $14.30. 77,188 shares of the company’s stock traded hands. Stellus Capital Investment Corp has a 1-year low of $13.04 and a 1-year high of $15.5531. The stock has a 50-day moving average of $13.70 and a 200-day moving average of $14.3.

Stellus Capital Investment Corp (NYSE:SCM) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.02. Analysts expect that Stellus Capital Investment Corp will post $1.35 EPS for the current fiscal year.

Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company.

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