33,000 Shares in SLR Investment Corp. (NASDAQ:SLRC) Purchased by Campbell Capital Management Inc.

Campbell Capital Management Inc. purchased a new stake in shares of SLR Investment Corp. (NASDAQ:SLRC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 33,000 shares of the financial services provider's stock, valued at approximately $533,000. Campbell Capital Management Inc. owned about 0.06% of SLR Investment as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in SLRC. JPMorgan Chase & Co. grew its position in shares of SLR Investment by 0.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,336,411 shares of the financial services provider's stock valued at $20,113,000 after purchasing an additional 4,510 shares in the last quarter. Van ECK Associates Corp grew its position in SLR Investment by 4.5% in the fourth quarter. Van ECK Associates Corp now owns 1,044,152 shares of the financial services provider's stock worth $16,874,000 after acquiring an additional 44,861 shares in the last quarter. Raymond James Financial Inc. bought a new stake in SLR Investment in the fourth quarter worth $4,565,000. Empirical Asset Management LLC bought a new stake in SLR Investment in the fourth quarter worth $3,895,000. Finally, Commonwealth Equity Services LLC lifted its stake in SLR Investment by 8.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 209,754 shares of the financial services provider's stock worth $3,390,000 after purchasing an additional 15,859 shares during the last quarter. Institutional investors and hedge funds own 35.32% of the company's stock.

SLR Investment Price Performance

Shares of SLR Investment stock traded up $0.03 during trading hours on Wednesday, reaching $17.07. The company's stock had a trading volume of 164,729 shares, compared to its average volume of 155,801. The stock has a market cap of $931.34 million, a P/E ratio of 9.64 and a beta of 1.13. SLR Investment Corp. has a one year low of $14.41 and a one year high of $17.94. The firm has a 50 day moving average price of $17.07 and a 200-day moving average price of $16.25. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06.

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SLR Investment (NASDAQ:SLRC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The financial services provider reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.01. SLR Investment had a net margin of 40.89% and a return on equity of 9.73%. The firm had revenue of $55.58 million during the quarter, compared to analysts' expectations of $57.08 million. On average, analysts predict that SLR Investment Corp. will post 1.76 EPS for the current year.

SLR Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.64 annualized dividend and a yield of 9.61%. SLR Investment's dividend payout ratio is presently 93.71%.

Analysts Set New Price Targets

Several analysts have commented on SLRC shares. Keefe, Bruyette & Woods raised their price objective on shares of SLR Investment from $16.00 to $17.00 and gave the stock a "market perform" rating in a report on Tuesday, March 4th. Compass Point raised their target price on shares of SLR Investment from $16.50 to $17.25 and gave the company a "neutral" rating in a research note on Tuesday, March 11th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $15.85.

SLR Investment Profile

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.