Plan Group Financial LLC bought a new stake in shares of Fidus Investment Co. (NASDAQ:FDUS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,875 shares of the asset manager's stock, valued at approximately $334,000.
Other large investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its position in shares of Fidus Investment by 16.7% in the 4th quarter. D.A. Davidson & CO. now owns 31,383 shares of the asset manager's stock valued at $660,000 after purchasing an additional 4,485 shares during the period. Truist Financial Corp boosted its holdings in shares of Fidus Investment by 2.7% in the fourth quarter. Truist Financial Corp now owns 47,820 shares of the asset manager's stock worth $1,005,000 after buying an additional 1,261 shares during the period. Van ECK Associates Corp increased its position in shares of Fidus Investment by 1.2% in the fourth quarter. Van ECK Associates Corp now owns 819,011 shares of the asset manager's stock worth $17,215,000 after acquiring an additional 9,600 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Fidus Investment by 14.5% during 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 acquiring an additional 10,312 shares during the period. Finally, Columbus Macro LLC purchased a new stake in shares of Fidus Investment in the 4th quarter valued at approximately $5,610,000. 28.14% of the stock is currently owned by institutional investors.
Fidus Investment Price Performance
Fidus Investment stock traded down $0.18 during midday trading on Friday, reaching $23.06. The stock had a trading volume of 111,574 shares, compared to its average volume of 161,170. Fidus Investment Co. has a twelve month low of $18.41 and a twelve month high of $23.55. The firm has a market cap of $782.20 million, a price-to-earnings ratio of 8.24 and a beta of 1.39. The firm's fifty day simple moving average is $21.74 and its two-hundred day simple moving average is $20.60.
Fidus Investment Announces Dividend
The firm also recently declared a -- dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 20th will be given a dividend of $0.11 per share. This represents a yield of 7.4%. The ex-dividend date is Thursday, March 20th. Fidus Investment's payout ratio is 61.43%.
Fidus Investment Company Profile
(
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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