BlackRock Capital Investment Corporation (NASDAQ:BKCC) has been given a $8.00 target price by equities researchers at Keefe, Bruyette & Woods in a report released on Thursday. The firm presently has a “hold” rating on the asset manager’s stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 6.74% from the stock’s current price.

BKCC has been the subject of several other research reports. ValuEngine downgraded shares of BlackRock Capital Investment Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. BidaskClub downgraded shares of BlackRock Capital Investment Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, Zacks Investment Research downgraded shares of BlackRock Capital Investment Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) traded down 0.80% during mid-day trading on Thursday, hitting $7.44. 111,110 shares of the stock traded hands. BlackRock Capital Investment Corporation has a 52 week low of $6.75 and a 52 week high of $8.15. The firm’s 50-day moving average price is $7.26 and its 200-day moving average price is $7.43.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last issued its quarterly earnings data on Wednesday, August 2nd. The asset manager reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). The company had revenue of $25.24 million during the quarter, compared to the consensus estimate of $24.94 million. BlackRock Capital Investment Corporation had a negative net margin of 5.04% and a positive return on equity of 7.20%. During the same period in the previous year, the company earned $0.30 EPS. Equities research analysts forecast that BlackRock Capital Investment Corporation will post $0.84 earnings per share for the current year.

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A number of large investors have recently modified their holdings of the stock. Osborn Williams & Donohoe LLC lifted its stake in BlackRock Capital Investment Corporation by 9.7% in the 3rd quarter. Osborn Williams & Donohoe LLC now owns 95,009 shares of the asset manager’s stock valued at $713,000 after purchasing an additional 8,439 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in BlackRock Capital Investment Corporation in the 2nd quarter valued at approximately $340,000. Nomura Holdings Inc. lifted its stake in BlackRock Capital Investment Corporation by 8.4% in the 2nd quarter. Nomura Holdings Inc. now owns 992,955 shares of the asset manager’s stock valued at $7,449,000 after purchasing an additional 76,925 shares during the last quarter. Green Square Capital LLC lifted its stake in BlackRock Capital Investment Corporation by 2.2% in the 2nd quarter. Green Square Capital LLC now owns 41,564 shares of the asset manager’s stock valued at $319,000 after purchasing an additional 890 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. lifted its stake in BlackRock Capital Investment Corporation by 17.2% in the 2nd quarter. Punch & Associates Investment Management Inc. now owns 1,129,189 shares of the asset manager’s stock valued at $8,458,000 after purchasing an additional 166,128 shares during the last quarter. 28.99% of the stock is owned by institutional investors and hedge funds.

BlackRock Capital Investment Corporation Company Profile

BlackRock Capital Investment Corporation is an externally-managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.

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