Stellus Capital Investment Corporation (NYSE:SCM) Director Dean D’angelo purchased 5,000 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were acquired at an average cost of $13.49 per share, for a total transaction of $67,450.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Dean D’angelo also recently made the following trade(s):

  • On Tuesday, June 20th, Dean D’angelo purchased 1,500 shares of Stellus Capital Investment Corporation stock. The shares were acquired at an average cost of $13.33 per share, for a total transaction of $19,995.00.

Shares of Stellus Capital Investment Corporation (NYSE SCM) traded up 0.30% on Thursday, hitting $13.51. 57,701 shares of the company traded hands. Stellus Capital Investment Corporation has a 1-year low of $10.22 and a 1-year high of $14.82. The firm’s 50 day moving average price is $13.55 and its 200-day moving average price is $13.86.

Stellus Capital Investment Corporation (NYSE:SCM) last released its earnings results on Thursday, August 3rd. The investment management company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $10.39 million during the quarter, compared to the consensus estimate of $9.99 million. Stellus Capital Investment Corporation had a return on equity of 10.06% and a net margin of 68.17%. Equities analysts predict that Stellus Capital Investment Corporation will post $1.29 EPS for the current fiscal year.

The company also recently announced a monthly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be given a $0.1133 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $1.36 dividend on an annualized basis and a yield of 10.06%. Stellus Capital Investment Corporation’s dividend payout ratio (DPR) is 64.15%.

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Several research analysts have commented on SCM shares. ValuEngine raised shares of Stellus Capital Investment Corporation from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Keefe, Bruyette & Woods set a $15.00 price target on shares of Stellus Capital Investment Corporation and gave the stock a “hold” rating in a research note on Wednesday, May 31st. Finally, Zacks Investment Research downgraded shares of Stellus Capital Investment Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Stellus Capital Investment Corporation presently has an average rating of “Buy” and a consensus target price of $14.00.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GSA Capital Partners LLP lifted its position in Stellus Capital Investment Corporation by 1.0% in the second quarter. GSA Capital Partners LLP now owns 10,300 shares of the investment management company’s stock worth $141,000 after purchasing an additional 100 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Stellus Capital Investment Corporation in the second quarter worth approximately $155,000. Sanders Morris Harris LLC lifted its position in Stellus Capital Investment Corporation by 1.8% in the second quarter. Sanders Morris Harris LLC now owns 13,776 shares of the investment management company’s stock worth $189,000 after purchasing an additional 239 shares during the period. Waldron LP acquired a new stake in Stellus Capital Investment Corporation in the first quarter worth approximately $218,000. Finally, Janney Montgomery Scott LLC lifted its position in Stellus Capital Investment Corporation by 6.7% in the first quarter. Janney Montgomery Scott LLC now owns 15,842 shares of the investment management company’s stock worth $231,000 after purchasing an additional 988 shares during the period. Hedge funds and other institutional investors own 26.45% of the company’s stock.

About Stellus Capital Investment Corporation

Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.

Insider Buying and Selling by Quarter for Stellus Capital Investment Corporation (NYSE:SCM)

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