Stellus Capital Investment Corporation (NYSE:SCM) Director Dean D’angelo purchased 12,500 shares of the stock in a transaction dated Friday, December 8th. The stock was acquired at an average cost of $12.31 per share, for a total transaction of $153,875.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, September 14th, Dean D’angelo purchased 5,000 shares of Stellus Capital Investment stock. The stock was acquired at an average cost of $13.49 per share, for a total transaction of $67,450.00.

Stellus Capital Investment Corporation (NYSE SCM) traded up $0.41 during mid-day trading on Monday, reaching $12.91. The company had a trading volume of 157,566 shares, compared to its average volume of 100,299. Stellus Capital Investment Corporation has a fifty-two week low of $11.38 and a fifty-two week high of $14.82. The firm has a market capitalization of $199.32, a P/E ratio of 9.54 and a beta of 0.53. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.50.

Stellus Capital Investment (NYSE:SCM) last released its earnings results on Thursday, November 9th. The investment management company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). Stellus Capital Investment had a return on equity of 9.35% and a net margin of 57.94%. The firm had revenue of $9.98 million for the quarter. research analysts predict that Stellus Capital Investment Corporation will post 1.25 EPS for the current fiscal year.

The company also recently announced a monthly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be given a dividend of $0.1133 per share. This represents a $1.36 dividend on an annualized basis and a yield of 10.53%. The ex-dividend date is Thursday, December 28th. Stellus Capital Investment’s dividend payout ratio (DPR) is presently 80.95%.

A number of equities research analysts recently weighed in on SCM shares. Keefe, Bruyette & Woods reissued a “hold” rating and set a $14.00 target price on shares of Stellus Capital Investment in a research report on Friday, November 10th. ValuEngine downgraded Stellus Capital Investment from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 10th. Finally, Ladenburg Thalmann Financial Services started coverage on Stellus Capital Investment in a research report on Monday, September 25th. They set a “buy” rating and a $14.50 target price on the stock. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $14.50.

A number of hedge funds have recently added to or reduced their stakes in the stock. Muzinich & Co. Inc. grew its position in Stellus Capital Investment by 23.8% during the second quarter. Muzinich & Co. Inc. now owns 707,551 shares of the investment management company’s stock worth $9,701,000 after buying an additional 135,828 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Stellus Capital Investment by 3.6% during the second quarter. Advisors Asset Management Inc. now owns 635,570 shares of the investment management company’s stock worth $8,714,000 after purchasing an additional 21,935 shares during the period. Ares Management LLC lifted its stake in Stellus Capital Investment by 77.0% during the second quarter. Ares Management LLC now owns 338,937 shares of the investment management company’s stock worth $4,646,000 after purchasing an additional 147,406 shares during the period. Morgan Stanley lifted its stake in Stellus Capital Investment by 3.1% during the first quarter. Morgan Stanley now owns 96,072 shares of the investment management company’s stock worth $1,398,000 after purchasing an additional 2,896 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Stellus Capital Investment by 36.3% during the third quarter. JPMorgan Chase & Co. now owns 80,973 shares of the investment management company’s stock worth $1,105,000 after purchasing an additional 21,584 shares during the period. 27.11% of the stock is currently owned by institutional investors and hedge funds.

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Stellus Capital Investment Company Profile

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 (NYSE:SCM)

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