U.S. Capital Wealth Advisors LLC Has $192,000 Position in Stellus Capital Investment Co. (NYSE:SCM)

U.S. Capital Wealth Advisors LLC lowered its stake in Stellus Capital Investment Co. (NYSE:SCM - Free Report) by 71.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,958 shares of the investment management company's stock after selling 34,640 shares during the period. U.S. Capital Wealth Advisors LLC owned 0.05% of Stellus Capital Investment worth $192,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SCM. PFG Investments LLC grew its holdings in Stellus Capital Investment by 1.3% during the 3rd quarter. PFG Investments LLC now owns 62,954 shares of the investment management company's stock worth $862,000 after acquiring an additional 792 shares during the last quarter. ORG Partners LLC acquired a new stake in Stellus Capital Investment in the fourth quarter valued at $29,000. Concurrent Investment Advisors LLC raised its position in Stellus Capital Investment by 17.6% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 18,096 shares of the investment management company's stock worth $248,000 after purchasing an additional 2,704 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Stellus Capital Investment by 27.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,106 shares of the investment management company's stock worth $179,000 after buying an additional 2,862 shares during the period. Finally, Raymond James & Associates grew its position in shares of Stellus Capital Investment by 2.2% in the 3rd quarter. Raymond James & Associates now owns 228,375 shares of the investment management company's stock valued at $3,126,000 after buying an additional 4,859 shares during the last quarter. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Stellus Capital Investment Trading Up 0.9 %

Shares of SCM traded up $0.14 during mid-day trading on Tuesday, reaching $14.80. 96,658 shares of the company were exchanged, compared to its average volume of 126,961. The business has a 50 day simple moving average of $14.03 and a two-hundred day simple moving average of $13.91. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.29 and a current ratio of 0.29. The stock has a market capitalization of $400.35 million, a PE ratio of 7.55 and a beta of 1.12. Stellus Capital Investment Co. has a 52 week low of $12.55 and a 52 week high of $15.05.

Stellus Capital Investment Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid a $0.1333 dividend. This represents a dividend yield of 10.88%. The ex-dividend date of this dividend is Friday, January 31st. Stellus Capital Investment's dividend payout ratio is currently 81.63%.

About Stellus Capital Investment

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada.