BidaskClub cut shares of Fidus Investment Corporation (NASDAQ:FDUS) from a hold rating to a sell rating in a report released on Thursday.

FDUS has been the topic of several other reports. Zacks Investment Research lowered shares of Fidus Investment Corporation from a hold rating to a sell rating in a research report on Wednesday, July 12th. Keefe, Bruyette & Woods set a $18.00 target price on shares of Fidus Investment Corporation and gave the company a hold rating in a research report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Fidus Investment Corporation currently has an average rating of Hold and a consensus target price of $17.50.

Fidus Investment Corporation (NASDAQ FDUS) traded up 0.24% during midday trading on Thursday, reaching $16.86. 36,572 shares of the company traded hands. Fidus Investment Corporation has a 12 month low of $14.33 and a 12 month high of $18.21. The firm’s 50 day moving average price is $16.87 and its 200 day moving average price is $16.93.

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Several hedge funds have recently modified their holdings of FDUS. US Bancorp DE acquired a new stake in shares of Fidus Investment Corporation during the second quarter valued at $138,000. Eagle Global Advisors LLC acquired a new stake in shares of Fidus Investment Corporation during the first quarter valued at $224,000. Baird Financial Group Inc. raised its stake in shares of Fidus Investment Corporation by 26.9% in the first quarter. Baird Financial Group Inc. now owns 17,471 shares of the asset manager’s stock valued at $307,000 after buying an additional 3,701 shares during the period. Salzhauer Michael raised its stake in shares of Fidus Investment Corporation by 1.0% in the second quarter. Salzhauer Michael now owns 20,600 shares of the asset manager’s stock valued at $346,000 after buying an additional 200 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Fidus Investment Corporation by 2.8% in the first quarter. Oppenheimer & Co. Inc. now owns 26,013 shares of the asset manager’s stock valued at $457,000 after buying an additional 700 shares during the period. Institutional investors and hedge funds own 27.01% of the company’s stock.

Fidus Investment Corporation Company Profile

Fidus Investment Corporation is a closed-end, non-diversified investment company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company’s investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments.

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