M&T Bank Corp raised its position in BlackRock Capital Investment Corporation (NASDAQ:BKCC) by 22.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,358 shares of the asset manager’s stock after purchasing an additional 20,000 shares during the quarter. M&T Bank Corp’s holdings in BlackRock Capital Investment Corporation were worth $804,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Eagle Global Advisors LLC bought a new stake in shares of BlackRock Capital Investment Corporation during the second quarter valued at approximately $100,000. Nine Chapters Capital Management LLC acquired a new position in shares of BlackRock Capital Investment Corporation during the second quarter worth approximately $102,000. Global X Management Co. LLC boosted its position in shares of BlackRock Capital Investment Corporation by 50.1% during the first quarter. Global X Management Co. LLC now owns 15,018 shares of the asset manager’s stock worth $113,000 after buying an additional 5,012 shares during the period. Airain ltd acquired a new position in shares of BlackRock Capital Investment Corporation during the second quarter worth approximately $123,000. Finally, GSA Capital Partners LLP acquired a new position in shares of BlackRock Capital Investment Corporation during the second quarter worth approximately $127,000. Institutional investors own 28.99% of the company’s stock.

Shares of BlackRock Capital Investment Corporation (BKCC) opened at 7.51 on Wednesday. The company’s 50 day moving average is $7.25 and its 200-day moving average is $7.43. BlackRock Capital Investment Corporation has a 52 week low of $6.75 and a 52 week high of $8.25.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last posted its earnings results on Wednesday, August 2nd. The asset manager reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $25.24 million during the quarter, compared to the consensus estimate of $24.94 million. BlackRock Capital Investment Corporation had a negative net margin of 5.04% and a positive return on equity of 7.20%. During the same quarter last year, the firm posted $0.30 EPS. Analysts forecast that BlackRock Capital Investment Corporation will post $0.84 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Investors of record on Monday, September 18th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.72 dividend on an annualized basis and a yield of 9.59%. BlackRock Capital Investment Corporation’s dividend payout ratio (DPR) is presently -1,028.57%.

BKCC has been the subject of a number of recent analyst reports. Zacks Investment Research lowered BlackRock Capital Investment Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. ValuEngine raised BlackRock Capital Investment Corporation from a “hold” rating to a “buy” rating in a research note on Monday. Finally, BidaskClub downgraded BlackRock Capital Investment Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th.

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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.

Institutional Ownership by Quarter for BlackRock Capital Investment Corporation (NASDAQ:BKCC)

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