Fidus Investment (NASDAQ:FDUS) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Saturday.

Separately, Zacks Investment Research cut Fidus Investment from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th.

Shares of Fidus Investment (NASDAQ:FDUS) opened at $15.90 on Friday. Fidus Investment has a 52-week low of $15.60 and a 52-week high of $18.21. The firm has a market capitalization of $389.44, a PE ratio of 10.39 and a beta of 1.11.

Several institutional investors and hedge funds have recently made changes to their positions in FDUS. D.A. Davidson & CO. increased its position in shares of Fidus Investment by 8.2% during the second quarter. D.A. Davidson & CO. now owns 6,615 shares of the asset manager’s stock valued at $111,000 after buying an additional 504 shares during the period. US Bancorp DE bought a new stake in shares of Fidus Investment during the second quarter valued at about $138,000. CIBC World Markets Inc. purchased a new position in shares of Fidus Investment during the second quarter worth about $177,000. Crescent Grove Advisors LLC purchased a new position in shares of Fidus Investment during the second quarter worth about $190,000. Finally, Stifel Financial Corp purchased a new position in shares of Fidus Investment during the second quarter worth about $196,000. Hedge funds and other institutional investors own 32.06% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This report was originally reported by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://www.watchlistnews.com/fidus-investment-fdus-rating-lowered-to-strong-sell-at-bidaskclub/1756570.html.

Fidus Investment 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.

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