Blackrock Capital Investment Corp (NASDAQ:BKCC) CEO Michael J. Zugay bought 5,000 shares of the business’s stock in a transaction on Thursday, March 16th. The shares were acquired at an average price of $7.38 per share, for a total transaction of $36,900.00. Following the completion of the transaction, the chief executive officer now owns 400 shares in the company, valued at approximately $2,952. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Blackrock Capital Investment Corp (NASDAQ:BKCC) traded down 0.67% during mid-day trading on Monday, hitting $7.42. 240,133 shares of the company were exchanged. Blackrock Capital Investment Corp has a 12-month low of $6.75 and a 12-month high of $9.92. The firm has a 50 day moving average of $7.60 and a 200 day moving average of $7.68.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Shareholders of record on Monday, March 20th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 9.64%. The ex-dividend date is Thursday, March 16th. Blackrock Capital Investment Corp’s dividend payout ratio is presently -59.57%.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKCC. Muzinich & Co. Inc. boosted its position in Blackrock Capital Investment Corp by 11.7% in the third quarter. Muzinich & Co. Inc. now owns 1,089,033 shares of the company’s stock worth $9,017,000 after buying an additional 114,375 shares in the last quarter. Nuveen Fund Advisors LLC boosted its position in Blackrock Capital Investment Corp by 13.1% in the third quarter. Nuveen Fund Advisors LLC now owns 223,275 shares of the company’s stock worth $1,849,000 after buying an additional 25,944 shares in the last quarter. Armor Investment Advisors LLC acquired a new position in Blackrock Capital Investment Corp during the fourth quarter worth about $1,157,000. Private Advisor Group LLC boosted its position in Blackrock Capital Investment Corp by 92.0% in the fourth quarter. Private Advisor Group LLC now owns 27,034 shares of the company’s stock worth $201,000 after buying an additional 12,951 shares in the last quarter. Finally, Green Square Capital LLC boosted its position in Blackrock Capital Investment Corp by 1.3% in the third quarter. Green Square Capital LLC now owns 24,360 shares of the company’s stock worth $207,000 after buying an additional 317 shares in the last quarter. Hedge funds and other institutional investors own 23.79% of the company’s stock.

Separately, Zacks Investment Research downgraded shares of Blackrock Capital Investment Corp from a “hold” rating to a “sell” rating in a research report on Friday, February 3rd.

About Blackrock Capital Investment Corp

BlackRock Capital Investment Corporation, formerly BlackRock Kelso Capital Corporation, is an externally-managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments.

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