Boston Common Asset Management LLC held its stake in BlackRock Capital Investment Corporation (NASDAQ:BKCC) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 18,170 shares of the asset manager’s stock at the end of the 2nd quarter. Boston Common Asset Management LLC’s holdings in BlackRock Capital Investment Corporation were worth $136,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BSW Wealth Partners purchased a new stake in BlackRock Capital Investment Corporation during the 2nd quarter worth approximately $171,000. Ares Management LLC raised its position in shares of BlackRock Capital Investment Corporation by 1.2% in the 1st quarter. Ares Management LLC now owns 1,281,354 shares of the asset manager’s stock valued at $9,725,000 after purchasing an additional 15,000 shares in the last quarter. Nine Chapters Capital Management LLC acquired a new position in shares of BlackRock Capital Investment Corporation in the 2nd quarter valued at approximately $102,000. Mackenzie Financial Corp boosted its stake in shares of BlackRock Capital Investment Corporation by 218.1% during the 1st quarter. Mackenzie Financial Corp now owns 78,182 shares of the asset manager’s stock valued at $590,000 after buying an additional 53,603 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of BlackRock Capital Investment Corporation by 2.1% during the 2nd quarter. LSV Asset Management now owns 1,632,384 shares of the asset manager’s stock valued at $12,226,000 after buying an additional 33,724 shares during the last quarter. Hedge funds and other institutional investors own 28.99% of the company’s stock.

A number of research firms have recently weighed in on BKCC. Zacks Investment Research downgraded shares of BlackRock Capital Investment Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. ValuEngine upgraded shares of BlackRock Capital Investment Corporation from a “hold” rating to a “buy” rating in a research note on Monday. Finally, BidaskClub lowered shares of BlackRock Capital Investment Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th.

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BlackRock Capital Investment Corporation (BKCC) traded down 0.26% during midday trading on Tuesday, hitting $7.54. 146,566 shares of the stock traded hands. The company has a 50-day moving average of $7.24 and a 200-day moving average of $7.43. BlackRock Capital Investment Corporation has a 1-year low of $6.75 and a 1-year high of $8.31.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last issued its earnings results on Wednesday, August 2nd. The asset manager reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $25.24 million during the quarter, compared to analyst estimates of $24.94 million. BlackRock Capital Investment Corporation had a negative net margin of 5.04% and a positive return on equity of 7.20%. During the same quarter in the previous year, the company posted $0.30 earnings per share. On average, equities analysts anticipate that BlackRock Capital Investment Corporation will post $0.84 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Investors of record on Monday, September 18th were given a $0.18 dividend. The ex-dividend date was Friday, September 15th. This represents a $0.72 annualized dividend and a yield of 9.52%. BlackRock Capital Investment Corporation’s dividend payout ratio (DPR) is currently -1,028.57%.

BlackRock Capital Investment Corporation 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.

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

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