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Garrison Capital (NASDAQ:GARS) CFO Brian S. Chase acquired 1,035 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 15th. The stock was purchased at an average price of $14.49 per share, for a total transaction of $14,997.15. Following the completion of the transaction, the chief financial officer now directly owns 15,653 shares in the company, valued at approximately $226,812. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. 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) opened at 14.63 on Tuesday. Garrison Capital has a 52-week low of $13.68 and a 52-week high of $15.40. The stock has a 50-day moving average of $14.65 and a 200-day moving average of $14.46.

Garrison Capital (NASDAQ:GARS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters 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 declared a quarterly dividend, which is scheduled for Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 9.57%. The ex-dividend date of this dividend is Wednesday, September 10th.

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

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