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Garrison Capital (NASDAQ:GARS) CFO Brian S. Chase purchased 1,035 shares of the stock on the open market in a transaction dated Friday, August 15th. The shares were purchased at an average cost of $14.49 per share, with a total value of $14,997.15. Following the completion of the transaction, the chief financial officer now directly owns 15,653 shares of the company’s stock, valued at approximately $226,812. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Garrison Capital (NASDAQ:GARS) traded up 0.69% on Monday, hitting $14.63. The stock had a trading volume of 54,472 shares. Garrison Capital has a 52 week low of $13.68 and a 52 week high of $15.40. The stock’s 50-day moving average is $14.67 and its 200-day moving average is $14.45.

Garrison Capital (NASDAQ:GARS) last released its earnings data on Wednesday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. On average, analysts predict that Garrison Capital will post $1.38 earnings per share 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 9.64%. The ex-dividend date is Wednesday, September 10th.

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.

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

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