Millennium Management LLC boosted its stake in shares of Garrison Capital Inc (NASDAQ:GARS) by 24.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,810 shares of the investment management company’s stock after purchasing an additional 6,075 shares during the period. Millennium Management LLC owned 0.19% of Garrison Capital worth $250,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Blair William & Co. IL boosted its position in Garrison Capital by 41.1% during the first quarter. Blair William & Co. IL now owns 28,500 shares of the investment management company’s stock valued at $231,000 after purchasing an additional 8,300 shares during the last quarter. BlackRock Inc. boosted its position in Garrison Capital by 11.4% during the fourth quarter. BlackRock Inc. now owns 108,414 shares of the investment management company’s stock valued at $879,000 after purchasing an additional 11,119 shares during the last quarter. Finally, Caxton Corp boosted its position in Garrison Capital by 11.5% during the first quarter. Caxton Corp now owns 1,115,072 shares of the investment management company’s stock valued at $9,054,000 after purchasing an additional 115,072 shares during the last quarter. 25.39% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently commented on GARS. Maxim Group reissued a “buy” rating and set a $11.00 price target on shares of Garrison Capital in a research report on Thursday, August 9th. Zacks Investment Research raised Garrison Capital from a “hold” rating to a “buy” rating and set a $9.25 price target for the company in a research report on Tuesday, July 17th. ValuEngine raised Garrison Capital from a “hold” rating to a “buy” rating in a research report on Friday, June 1st. Finally, National Securities reissued a “buy” rating and set a $10.00 price target on shares of Garrison Capital in a research report on Monday, May 14th.

GARS opened at $8.50 on Tuesday. Garrison Capital Inc has a 12-month low of $7.77 and a 12-month high of $8.95. The company has a market capitalization of $135.14 million, a PE ratio of 7.59 and a beta of 0.27. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.29.

Garrison Capital (NASDAQ:GARS) last released its quarterly earnings data on Tuesday, August 7th. The investment management company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.01). Garrison Capital had a net margin of 33.79% and a return on equity of 9.53%. The business had revenue of $9.69 million during the quarter, compared to analyst estimates of $9.88 million. equities research analysts anticipate that Garrison Capital Inc will post 1.05 earnings per share for the current fiscal year.

Garrison Capital Profile

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.

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Institutional Ownership by Quarter for Garrison Capital (NASDAQ:GARS)

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