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Garrison Capital (NASDAQ:GARS) CFO Brian S. Chase acquired 2,000 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was purchased at an average cost of $14.45 per share, with a total value of $28,900.00. Following the purchase, the chief financial officer now directly owns 14,618 shares in the company, valued at approximately $211,230. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

GARS has been the subject of a number of recent research reports. Analysts at Wunderlich initiated coverage on shares of Garrison Capital in a research note on Tuesday, July 1st. They set a “buy” rating and a $16.50 price target on the stock. Separately, analysts at Robert W. Baird downgraded shares of Garrison Capital from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $15.00 price target on the stock. They noted that the move was a valuation call. Finally, 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.

Shares of Garrison Capital (NASDAQ:GARS) traded up 0.35% during mid-day trading on Wednesday, hitting $14.52. 43,451 shares of the company’s stock traded hands. Garrison Capital has a 1-year low of $13.68 and a 1-year high of $15.40. The stock’s 50-day moving average is $14.69 and its 200-day moving average is $14.45.

Garrison Capital (NASDAQ:GARS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01. Analysts expect that Garrison Capital will post $1.41 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, September 26th. Shareholders of record on Friday, September 12th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 9.68%. The ex-dividend date is Wednesday, September 10th.

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

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