Shares of Fidus Investment Co. (NASDAQ:FDUS - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $22.61 and last traded at $22.55, with a volume of 158197 shares changing hands. The stock had previously closed at $22.39.
Fidus Investment Trading Up 0.8 %
The company has a market capitalization of $766.82 million, a price-to-earnings ratio of 8.08 and a beta of 1.39. The firm's 50-day moving average price is $21.27 and its 200 day moving average price is $20.27.
Fidus Investment (NASDAQ:FDUS - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The asset manager reported $0.61 EPS for the quarter, beating the consensus estimate of $0.57 by $0.04. Fidus Investment had a net margin of 60.09% and a return on equity of 12.11%. The business had revenue of $38.38 million during the quarter, compared to the consensus estimate of $36.43 million. During the same period in the previous year, the business earned $0.68 earnings per share. As a group, equities research analysts anticipate that Fidus Investment Co. will post 2.28 earnings per share for the current fiscal year.
Institutional Trading of Fidus Investment
Several large investors have recently bought and sold shares of the business. Plan Group Financial LLC acquired a new position in Fidus Investment during the fourth quarter worth about $334,000. D.A. Davidson & CO. increased its position in Fidus Investment by 16.7% during the 4th quarter. D.A. Davidson & CO. now owns 31,383 shares of the asset manager's stock worth $660,000 after purchasing an additional 4,485 shares in the last quarter. Truist Financial Corp lifted its stake in Fidus Investment by 2.7% in the 4th quarter. Truist Financial Corp now owns 47,820 shares of the asset manager's stock valued at $1,005,000 after purchasing an additional 1,261 shares during the last quarter. Van ECK Associates Corp boosted its position in Fidus Investment by 1.2% in the fourth quarter. Van ECK Associates Corp now owns 819,011 shares of the asset manager's stock valued at $17,215,000 after buying an additional 9,600 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Fidus Investment by 14.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 81,320 shares of the asset manager's stock valued at $1,709,000 after buying an additional 10,312 shares in the last quarter. 28.14% of the stock is owned by institutional investors and hedge funds.
Fidus Investment Company Profile
(
Get Free Report)
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.
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