Keefe, Bruyette & Woods Has Lowered Expectations for Stellus Capital Investment (NYSE:SCM) Stock Price

Stellus Capital Investment (NYSE:SCM) had its price target lowered by Keefe, Bruyette & Woods from $9.00 to $8.00 in a report released on Monday,Benzinga reports. The firm presently has a “market perform” rating on the investment management company’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 5.60% from the stock’s current price.

Several other research firms also recently weighed in on SCM. Weiss Ratings upgraded shares of Stellus Capital Investment from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. Zacks Research raised shares of Stellus Capital Investment from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. LADENBURG THALM/SH SH lowered their target price on shares of Stellus Capital Investment from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Stellus Capital Investment from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9.50.

Stellus Capital Investment Stock Down 0.4%

Shares of NYSE:SCM opened at $7.58 on Monday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.04 and a current ratio of 0.04. Stellus Capital Investment has a 52-week low of $7.56 and a 52-week high of $15.29. The business’s 50 day simple moving average is $8.69 and its two-hundred day simple moving average is $10.05. The firm has a market cap of $219.33 million, a P/E ratio of 9.24 and a beta of 0.64.

Stellus Capital Investment (NYSE:SCM) last released its quarterly earnings data on Monday, May 11th. The investment management company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Stellus Capital Investment had a return on equity of 9.69% and a net margin of 23.59%.The firm had revenue of $17.45 million during the quarter, compared to the consensus estimate of $24.80 million. As a group, research analysts forecast that Stellus Capital Investment will post 1.06 EPS for the current fiscal year.

Insider Transactions at Stellus Capital Investment

In other news, Director J Tim Arnoult bought 9,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was acquired at an average cost of $9.05 per share, with a total value of $81,450.00. Following the completion of the transaction, the director directly owned 50,869 shares of the company’s stock, valued at $460,364.45. This represents a 21.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders acquired 10,700 shares of company stock valued at $96,523 over the last three months. Company insiders own 4.24% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new stake in Stellus Capital Investment in the 2nd quarter worth about $25,000. Laurel Wealth Advisors LLC purchased a new stake in Stellus Capital Investment during the fourth quarter valued at about $26,000. JPMorgan Chase & Co. purchased a new stake in Stellus Capital Investment during the third quarter valued at about $28,000. BNP Paribas Financial Markets bought a new position in Stellus Capital Investment during the second quarter worth about $60,000. Finally, Kestra Advisory Services LLC bought a new position in Stellus Capital Investment during the fourth quarter worth about $62,000. Hedge funds and other institutional investors own 13.22% of the company’s stock.

About Stellus Capital Investment

Stellus Capital Investment Corporation (NYSE: SCM) is a closed-end, externally managed business development company that provides debt and equity financing to middle market companies in the United States. As an investment vehicle specializing in private credit, Stellus focuses on originating and structuring senior secured loans, unitranche facilities, mezzanine debt, and equity co-investments tailored to the unique needs of growing businesses. Its flexible capital solutions are designed to support acquisitions, recapitalizations, growth initiatives, and balance sheet refinancings.

Operating under an evergreen structure, Stellus Capital Investment partners with a diverse group of portfolio companies across industries such as manufacturing, healthcare, business services, and specialty finance.