Fieldpoint Private Securities LLC acquired a new position in shares of BlackRock Capital Investment Corporation (NASDAQ:BKCC) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,500 shares of the asset manager’s stock, valued at approximately $101,000.

Several other large investors also recently modified their holdings of BKCC. Private Advisor Group LLC raised its position in BlackRock Capital Investment by 21.2% in the 3rd quarter. Private Advisor Group LLC now owns 44,160 shares of the asset manager’s stock valued at $329,000 after purchasing an additional 7,737 shares during the last quarter. Pinebridge Investments L.P. raised its position in BlackRock Capital Investment by 46.8% in the 3rd quarter. Pinebridge Investments L.P. now owns 37,399 shares of the asset manager’s stock valued at $281,000 after purchasing an additional 11,931 shares during the last quarter. Hillsdale Investment Management Inc. raised its position in BlackRock Capital Investment by 328.0% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 259,800 shares of the asset manager’s stock valued at $1,949,000 after purchasing an additional 199,100 shares during the last quarter. Citadel Advisors LLC purchased a new stake in BlackRock Capital Investment in the 3rd quarter valued at $269,000. Finally, Trexquant Investment LP purchased a new stake in BlackRock Capital Investment in the 3rd quarter valued at $106,000. Institutional investors and hedge funds own 31.18% of the company’s stock.

Shares of BlackRock Capital Investment Corporation (NASDAQ:BKCC) opened at $6.55 on Friday. BlackRock Capital Investment Corporation has a 12-month low of $6.42 and a 12-month high of $7.89. The company has a market cap of $477.08, a price-to-earnings ratio of 8.05, a P/E/G ratio of 8.81 and a beta of 0.84. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.77.

BlackRock Capital Investment (NASDAQ:BKCC) last released its quarterly earnings results on Wednesday, November 8th. The asset manager reported $0.16 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.04). The business had revenue of $22.76 million during the quarter, compared to analysts’ expectations of $24.75 million. BlackRock Capital Investment had a net margin of 19.87% and a return on equity of 9.67%. The firm’s revenue for the quarter was down 12.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 EPS. equities analysts forecast that BlackRock Capital Investment Corporation will post 0.74 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Tuesday, December 19th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, December 18th. This represents a $0.72 annualized dividend and a yield of 10.99%. BlackRock Capital Investment’s dividend payout ratio is currently 257.14%.

Several research firms recently commented on BKCC. Zacks Investment Research upgraded shares of BlackRock Capital Investment from a “hold” rating to a “buy” rating and set a $7.75 price target for the company in a research report on Friday, November 3rd. J P Morgan Chase & Co reduced their price target on shares of BlackRock Capital Investment from $8.00 to $7.50 and set a “neutral” rating for the company in a research report on Wednesday, November 1st. ValuEngine upgraded shares of BlackRock Capital Investment from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. Finally, Keefe, Bruyette & Woods set a $8.00 price target on shares of BlackRock Capital Investment and gave the company a “hold” rating in a research report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. BlackRock Capital Investment presently has a consensus rating of “Hold” and a consensus price target of $7.42.

In other news, Director Mark S. Lies acquired 50,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average cost of $6.72 per share, with a total value of $336,000.00. Following the purchase, the director now owns 155,000 shares of the company’s stock, valued at approximately $1,041,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael J. Zugay acquired 15,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was purchased at an average cost of $6.62 per share, for a total transaction of $99,300.00. The disclosure for this purchase can be found here. Insiders acquired a total of 87,750 shares of company stock worth $584,553 over the last three months. 1.34% of the stock is currently owned by corporate insiders.

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BlackRock Capital Investment Company Profile

BlackRock Capital Investment 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. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.

Institutional Ownership by Quarter for BlackRock Capital Investment (NASDAQ:BKCC)

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