Stellus Capital Investment Corp (NYSE:SCM) insider Robert T. Ladd bought 10,000 shares of the stock in a transaction on Friday, March 16th. The shares were bought at an average price of $11.68 per share, for a total transaction of $116,800.00. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

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  • On Thursday, March 15th, Robert T. Ladd bought 7,000 shares of Stellus Capital Investment stock. The shares were bought at an average price of $11.64 per share, for a total transaction of $81,480.00.
  • On Monday, March 12th, Robert T. Ladd bought 7,000 shares of Stellus Capital Investment stock. The shares were bought at an average price of $11.90 per share, for a total transaction of $83,300.00.
  • On Thursday, March 8th, Robert T. Ladd bought 33,000 shares of Stellus Capital Investment stock. The shares were bought at an average price of $11.63 per share, for a total transaction of $383,790.00.

Shares of Stellus Capital Investment stock opened at $11.89 on Thursday. Stellus Capital Investment Corp has a fifty-two week low of $11.07 and a fifty-two week high of $14.67. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $190.39, a price-to-earnings ratio of 9.79 and a beta of 0.53.

Stellus Capital Investment (NYSE:SCM) last posted its quarterly earnings data on Tuesday, March 6th. The investment management company reported $0.28 earnings per share (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 analyst estimates of $10.58 million. research analysts expect that Stellus Capital Investment Corp will post 1.32 EPS for the current fiscal year.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 29th will be issued a dividend of $0.1133 per share. This represents a $1.36 annualized dividend and a dividend yield of 11.43%. The ex-dividend date is Wednesday, March 28th. Stellus Capital Investment’s dividend payout ratio (DPR) is 88.89%.

Several hedge funds have recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Stellus Capital Investment by 26.2% during the third quarter. Janney Montgomery Scott LLC now owns 21,165 shares of the investment management company’s stock worth $289,000 after purchasing an additional 4,389 shares during the last quarter. OxFORD Asset Management LLP boosted its holdings in shares of Stellus Capital Investment by 18.8% during the third quarter. OxFORD Asset Management LLP now owns 36,956 shares of the investment management company’s stock worth $504,000 after purchasing an additional 5,840 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Stellus Capital Investment by 9.5% during the fourth quarter. BlackRock Inc. now owns 101,800 shares of the investment management company’s stock worth $1,338,000 after purchasing an additional 8,800 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Stellus Capital Investment by 33.7% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 41,275 shares of the investment management company’s stock worth $564,000 after purchasing an additional 10,399 shares during the last quarter. Finally, Two Sigma Investments LP boosted its holdings in shares of Stellus Capital Investment by 18.4% during the fourth quarter. Two Sigma Investments LP now owns 70,220 shares of the investment management company’s stock worth $923,000 after purchasing an additional 10,922 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

A number of equities research analysts have commented on the company. ValuEngine upgraded Stellus Capital Investment from a “buy” rating to a “strong-buy” rating in a report on Friday, December 15th. Zacks Investment Research cut Stellus Capital Investment from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $13.00 target price on shares of Stellus Capital Investment in a 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 given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.17.

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About Stellus Capital Investment

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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