Stellus Capital Investment Co. (NYSE:SCM - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.88 and traded as high as $14.99. Stellus Capital Investment shares last traded at $14.96, with a volume of 190,954 shares trading hands.
Stellus Capital Investment Trading Down 1.3 %
The business has a fifty day moving average price of $13.94 and a two-hundred day moving average price of $13.90. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $398.05 million, a PE ratio of 7.51 and a beta of 1.12.
Stellus Capital Investment (NYSE:SCM - Get Free Report) last announced its earnings results on Thursday, November 7th. The investment management company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.06). The company had revenue of $26.50 million for the quarter, compared to analysts' expectations of $27.36 million. Stellus Capital Investment had a return on equity of 13.49% and a net margin of 45.39%. During the same period last year, the business earned $0.49 EPS. Analysts expect that Stellus Capital Investment Co. will post 1.74 EPS for the current fiscal year.
Stellus Capital Investment Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.1333 per share. This represents a yield of 10.88%. The ex-dividend date is Friday, January 31st. Stellus Capital Investment's dividend payout ratio (DPR) is 81.63%.
Institutional Investors Weigh In On Stellus Capital Investment
A number of institutional investors have recently modified their holdings of SCM. ORG Partners LLC purchased a new position in Stellus Capital Investment during the 4th quarter valued at about $29,000. Farther Finance Advisors LLC boosted its position in Stellus Capital Investment by 27.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 13,106 shares of the investment management company's stock valued at $179,000 after buying an additional 2,862 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Stellus Capital Investment by 70.8% in the third quarter. JPMorgan Chase & Co. now owns 14,949 shares of the investment management company's stock worth $205,000 after acquiring an additional 6,197 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in shares of Stellus Capital Investment during the third quarter worth $223,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Stellus Capital Investment in the third quarter valued at $226,000. 13.22% of the stock is owned by institutional investors and hedge funds.
About Stellus Capital Investment
(
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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.
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