Sei Investments Co. purchased a new stake in shares of BlackRock Capital Investment Corporation (NASDAQ:BKCC) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 26,148 shares of the asset manager’s stock, valued at approximately $999,000.

A number of other large investors have also bought and sold shares of BKCC. Muzinich & Co. Inc. increased its position in BlackRock Capital Investment by 17.8% in the 2nd quarter. Muzinich & Co. Inc. now owns 2,668,880 shares of the asset manager’s stock worth $19,990,000 after purchasing an additional 403,683 shares during the last quarter. Punch & Associates Investment Management Inc. increased its position in BlackRock Capital Investment by 17.2% in the 2nd quarter. Punch & Associates Investment Management Inc. now owns 1,129,189 shares of the asset manager’s stock worth $8,458,000 after purchasing an additional 166,128 shares during the last quarter. Nomura Holdings Inc. increased its position in BlackRock Capital Investment by 8.4% in the 2nd quarter. Nomura Holdings Inc. now owns 992,955 shares of the asset manager’s stock worth $7,449,000 after purchasing an additional 76,925 shares during the last quarter. Van ECK Associates Corp increased its position in BlackRock Capital Investment by 13.7% in the 2nd quarter. Van ECK Associates Corp now owns 632,770 shares of the asset manager’s stock worth $4,739,000 after purchasing an additional 76,010 shares during the last quarter. Finally, Virtu KCG Holdings LLC acquired a new position in BlackRock Capital Investment in the 2nd quarter worth about $567,000. 31.18% of the stock is currently owned by hedge funds and other institutional investors.

In other BlackRock Capital Investment news, Chairman James Keenan bought 20,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of $6.54 per share, for a total transaction of $130,800.00. Following the purchase, the chairman now directly owns 35,182 shares in the company, valued at $230,090.28. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael J. Zugay bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were acquired at an average price of $6.62 per share, with a total value of $99,300.00. The disclosure for this purchase can be found here. In the last three months, insiders have bought 87,750 shares of company stock worth $584,553. 1.34% of the stock is currently owned by insiders.

Several brokerages have weighed in on BKCC. Zacks Investment Research raised BlackRock Capital Investment from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research report on Friday, November 3rd. J P Morgan Chase & Co dropped their target price on BlackRock Capital Investment from $8.00 to $7.50 and set a “neutral” rating on the stock in a research report on Wednesday, November 1st. BidaskClub lowered BlackRock Capital Investment from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 15th. ValuEngine raised BlackRock Capital Investment from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Keefe, Bruyette & Woods set a $8.00 price objective on BlackRock Capital Investment and gave the company a “hold” rating in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. BlackRock Capital Investment currently has a consensus rating of “Hold” and an average price target of $7.42.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) opened at $6.52 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market capitalization of $477.81, a PE ratio of 8.05, a PEG ratio of 8.81 and a beta of 0.84. BlackRock Capital Investment Corporation has a fifty-two week low of $6.49 and a fifty-two week high of $7.90.

BlackRock Capital Investment (NASDAQ:BKCC) last issued its quarterly earnings data on Wednesday, November 8th. The asset manager reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.04). The company had revenue of $22.76 million for the quarter, compared to analyst estimates of $24.75 million. BlackRock Capital Investment had a net margin of 19.87% and a return on equity of 9.67%. The business’s revenue was down 12.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 EPS. analysts expect that BlackRock Capital Investment Corporation will post 0.74 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Tuesday, December 19th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.04%. The ex-dividend date of this dividend is Monday, December 18th. BlackRock Capital Investment’s dividend payout ratio is 276.92%.

TRADEMARK VIOLATION NOTICE: This article was first reported by Watch List News and is the property of of Watch List News. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at https://www.watchlistnews.com/26148-shares-in-blackrock-capital-investment-corporation-bkcc-acquired-by-sei-investments-co/1753128.html.

About BlackRock Capital Investment

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)

Receive News & Ratings for BlackRock Capital Investment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Capital Investment Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.