Garrison Capital Inc (NASDAQ:GARS) has earned a consensus rating of “Hold” from the eight research firms that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $10.33.

Several equities analysts have issued reports on GARS shares. Zacks Investment Research lowered Garrison Capital from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. Maxim Group reissued a “buy” rating and issued a $11.00 price target on shares of Garrison Capital in a research note on Thursday, November 9th. National Securities reissued a “neutral” rating and issued a $10.00 price target on shares of Garrison Capital in a research note on Monday, November 13th. Finally, ValuEngine raised Garrison Capital from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st.

In other news, CFO Brian S. Chase bought 4,000 shares of the stock in a transaction dated Friday, November 17th. The shares were bought at an average cost of $8.15 per share, with a total value of $32,600.00. Following the completion of the transaction, the chief financial officer now directly owns 50,135 shares of the company’s stock, valued at $408,600.25. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joseph Bertrand Tansey bought 9,900 shares of the stock in a transaction dated Friday, December 1st. The shares were purchased at an average cost of $8.42 per share, for a total transaction of $83,358.00. Following the completion of the transaction, the chief executive officer now directly owns 123,696 shares of the company’s stock, valued at $1,041,520.32. The disclosure for this purchase can be found here. Insiders have bought 40,602 shares of company stock worth $337,332 over the last ninety days. 5.80% of the stock is owned by insiders.

Several large investors have recently modified their holdings of GARS. Goldman Sachs Group Inc. acquired a new position in shares of Garrison Capital during the second quarter worth approximately $129,000. OxFORD Asset Management LLP raised its position in shares of Garrison Capital by 56.1% during the third quarter. OxFORD Asset Management LLP now owns 17,586 shares of the investment management company’s stock worth $148,000 after purchasing an additional 6,321 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Garrison Capital during the second quarter worth approximately $178,000. Finally, Caxton Corp raised its position in shares of Garrison Capital by 1,137.2% during the third quarter. Caxton Corp now owns 850,000 shares of the investment management company’s stock worth $7,166,000 after purchasing an additional 781,298 shares during the period. 24.27% of the stock is currently owned by institutional investors.

Garrison Capital (NASDAQ GARS) opened at $8.11 on Friday. Garrison Capital has a 12 month low of $7.77 and a 12 month high of $10.15. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $130.16, a P/E ratio of 24.58 and a beta of 0.23.

Garrison Capital (NASDAQ:GARS) last issued its quarterly earnings results on Tuesday, November 7th. The investment management company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.02). Garrison Capital had a net margin of 14.66% and a return on equity of 9.33%. The business had revenue of $8.90 million during the quarter. equities research analysts anticipate that Garrison Capital will post 1.09 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Garrison Capital Inc (GARS) Given Average Rating of “Hold” by Brokerages” was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/garrison-capital-inc-gars-given-average-rating-of-hold-by-brokerages/1853830.html.

About Garrison Capital

Garrison Capital Inc is a managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA, of certain amount.

Analyst Recommendations for Garrison Capital (NASDAQ:GARS)

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