SLR Investment Corp. (NASDAQ:SLRC - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $16.99 and last traded at $16.98, with a volume of 150573 shares traded. The stock had previously closed at $16.78.
Wall Street Analyst Weigh In
Separately, Wells Fargo & Company lifted their target price on SLR Investment from $12.50 to $13.00 and gave the stock an "underweight" rating in a report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $15.25.
Get Our Latest Analysis on SLRC
SLR Investment Trading Up 0.4 %
The stock has a market capitalization of $935.16 million, a P/E ratio of 9.68 and a beta of 1.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11. The company has a 50-day moving average price of $16.54 and a 200 day moving average price of $15.88.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new position in shares of SLR Investment in the 3rd quarter valued at about $90,000. Westend Capital Management LLC lifted its holdings in shares of SLR Investment by 71.3% in the 4th quarter. Westend Capital Management LLC now owns 7,406 shares of the financial services provider's stock valued at $120,000 after buying an additional 3,082 shares during the period. Creative Planning acquired a new position in shares of SLR Investment in the 3rd quarter valued at about $170,000. MQS Management LLC acquired a new position in shares of SLR Investment in the 3rd quarter valued at about $197,000. Finally, Paloma Partners Management Co acquired a new position in SLR Investment in the 3rd quarter worth about $210,000. 35.32% of the stock is currently owned by hedge funds and other institutional investors.
SLR Investment Company Profile
(
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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.
Further Reading
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