Kayne Anderson BDC, Inc. (NYSE:KBDC - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $18.00 and last traded at $17.12, with a volume of 206 shares traded. The stock had previously closed at $17.30.
Analyst Ratings Changes
Separately, Royal Bank of Canada upped their price objective on shares of Kayne Anderson BDC from $17.00 to $18.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $17.30.
Read Our Latest Stock Analysis on KBDC
Kayne Anderson BDC Price Performance
The business's 50 day moving average is $16.79 and its 200-day moving average is $16.40. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.66.
Kayne Anderson BDC Announces Dividend
The business also recently announced a dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Monday, March 3rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, March 3rd.
Insider Transactions at Kayne Anderson BDC
In other Kayne Anderson BDC news, Director Susan C. Schnabel bought 2,500 shares of the business's stock in a transaction on Wednesday, December 18th. The shares were purchased at an average price of $16.54 per share, with a total value of $41,350.00. Following the completion of the acquisition, the director now directly owns 8,087 shares of the company's stock, valued at approximately $133,758.98. The trade was a 44.75 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.20% of the company's stock.
Institutional Trading of Kayne Anderson BDC
Hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets acquired a new stake in shares of Kayne Anderson BDC in the third quarter valued at approximately $44,000. Perigon Wealth Management LLC acquired a new stake in Kayne Anderson BDC in the 4th quarter valued at approximately $169,000. Apollon Wealth Management LLC bought a new stake in Kayne Anderson BDC during the 4th quarter valued at $210,000. Magnus Financial Group LLC acquired a new position in Kayne Anderson BDC during the 4th quarter worth $489,000. Finally, Summit Trail Advisors LLC bought a new position in shares of Kayne Anderson BDC in the fourth quarter worth $900,000.
Kayne Anderson BDC Company Profile
(
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Kayne Anderson BDC Inc is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc is based in CHICAGO.
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