BlackRock Capital Investment Corporation (NASDAQ:BKCC)‘s stock had its “hold” rating restated by research analysts at Keefe, Bruyette & Woods in a research report issued to clients and investors on Friday. They currently have a $7.00 price objective on the asset manager’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 1.74% from the company’s current price.

Several other research firms have also recently commented on BKCC. ValuEngine upgraded BlackRock Capital Investment Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded BlackRock Capital Investment Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. BidaskClub cut BlackRock Capital Investment Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, J P Morgan Chase & Co cut their price target on BlackRock Capital Investment Corporation from $8.00 to $7.50 and set a “neutral” rating for the company in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $7.42.

BlackRock Capital Investment Corporation (NASDAQ BKCC) traded down $0.06 during trading on Friday, hitting $6.88. The stock had a trading volume of 556,000 shares, compared to its average volume of 232,664. BlackRock Capital Investment Corporation has a twelve month low of $6.80 and a twelve month high of $7.90. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 1.44. The stock has a market capitalization of $503.42, a PE ratio of 8.49, a PEG ratio of 8.71 and a beta of 0.88.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last released its quarterly earnings results on Wednesday, November 8th. The asset manager reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.04). BlackRock Capital Investment Corporation had a return on equity of 9.67% and a net margin of 19.87%. The company had revenue of $22.76 million for the quarter, compared to analysts’ expectations of $24.75 million. During the same quarter last year, the company earned $0.21 EPS. BlackRock Capital Investment Corporation’s revenue for the quarter was down 12.9% compared to the same quarter last year. sell-side analysts expect that BlackRock Capital Investment Corporation will post 0.79 EPS for the current fiscal year.

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A number of hedge funds have recently made changes to their positions in BKCC. Cue Financial Group Inc. grew its holdings in BlackRock Capital Investment Corporation by 56.6% during the second quarter. Cue Financial Group Inc. now owns 89,400 shares of the asset manager’s stock worth $670,000 after acquiring an additional 32,300 shares during the period. Aviance Capital Partners LLC grew its holdings in BlackRock Capital Investment Corporation by 8.6% during the second quarter. Aviance Capital Partners LLC now owns 256,324 shares of the asset manager’s stock worth $1,920,000 after acquiring an additional 20,267 shares during the period. Janney Montgomery Scott LLC grew its holdings in BlackRock Capital Investment Corporation by 0.8% during the second quarter. Janney Montgomery Scott LLC now owns 27,813 shares of the asset manager’s stock worth $208,000 after acquiring an additional 218 shares during the period. Eagle Global Advisors LLC acquired a new position in BlackRock Capital Investment Corporation during the second quarter worth $100,000. Finally, Nine Chapters Capital Management LLC acquired a new position in BlackRock Capital Investment Corporation during the second quarter worth $102,000. 29.10% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Capital Investment Corporation Company 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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