Stellus Capital Investment Corp (NYSE:SCM) CEO Robert T. Ladd acquired 7,000 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The stock was bought at an average cost of $11.64 per share, for a total transaction of $81,480.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Robert T. Ladd also recently made the following trade(s):

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  • On Friday, March 16th, Robert T. Ladd acquired 10,000 shares of Stellus Capital Investment stock. The stock was bought at an average cost of $11.68 per share, for a total transaction of $116,800.00.
  • On Monday, March 12th, Robert T. Ladd acquired 7,000 shares of Stellus Capital Investment stock. The stock was bought at an average cost of $11.90 per share, for a total transaction of $83,300.00.
  • On Thursday, March 8th, Robert T. Ladd acquired 33,000 shares of Stellus Capital Investment stock. The stock was bought at an average cost of $11.63 per share, for a total transaction of $383,790.00.

Shares of Stellus Capital Investment stock traded down $0.05 during trading hours on Thursday, reaching $11.84. 4,971 shares of the company’s stock traded hands, compared to its average volume of 94,009. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.61. Stellus Capital Investment Corp has a 52-week low of $11.07 and a 52-week high of $14.67. The company has a market cap of $190.39, a PE ratio of 9.79 and a beta of 0.53.

Stellus Capital Investment (NYSE:SCM) last issued its quarterly earnings results on Tuesday, March 6th. The investment management company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.03). Stellus Capital Investment had a return on equity of 8.67% and a net margin of 57.04%. The business had revenue of $9.41 million for the quarter, compared to the consensus estimate of $10.58 million. research analysts expect that Stellus Capital Investment Corp will post 1.32 EPS for the current year.

The firm also recently declared a monthly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be given a dividend of $0.1133 per share. The ex-dividend date is Wednesday, March 28th. This represents a $1.36 annualized dividend and a yield of 11.48%. Stellus Capital Investment’s dividend payout ratio (DPR) is presently 88.89%.

A number of large investors have recently modified their holdings of the business. Susquehanna International Group LLP bought a new stake in shares of Stellus Capital Investment in the 3rd quarter valued at about $164,000. Macquarie Group Ltd. bought a new stake in shares of Stellus Capital Investment in the 3rd quarter valued at about $188,000. Janney Montgomery Scott LLC raised its holdings in shares of Stellus Capital Investment by 26.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 21,165 shares of the investment management company’s stock valued at $289,000 after purchasing an additional 4,389 shares during the period. OxFORD Asset Management LLP grew its stake in Stellus Capital Investment by 18.8% in the 3rd quarter. OxFORD Asset Management LLP now owns 36,956 shares of the investment management company’s stock valued at $504,000 after buying an additional 5,840 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its stake in Stellus Capital Investment by 33.7% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 41,275 shares of the investment management company’s stock valued at $564,000 after buying an additional 10,399 shares during the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

SCM has been the topic of several research reports. ValuEngine raised shares of Stellus Capital Investment from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 15th. Zacks Investment Research cut shares of Stellus Capital Investment from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $13.00 price objective on shares of Stellus Capital Investment in a research report on Tuesday, March 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. Stellus Capital Investment presently has a consensus rating of “Hold” and a consensus target price of $14.17.

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Stellus Capital Investment Company Profile

Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.

Insider Buying and Selling by Quarter for Stellus Capital Investment (NYSE:SCM)

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