Susquehanna International Group LLP bought a new position in shares of Stellus Capital Investment Corporation (NYSE:SCM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 12,022 shares of the investment management company’s stock, valued at approximately $164,000. Susquehanna International Group LLP owned about 0.08% of Stellus Capital Investment as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. GSA Capital Partners LLP grew its stake in shares of Stellus Capital Investment by 1.0% during the second quarter. GSA Capital Partners LLP now owns 10,300 shares of the investment management company’s stock worth $141,000 after buying an additional 100 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Stellus Capital Investment by 5.9% during the second quarter. Janney Montgomery Scott LLC now owns 16,776 shares of the investment management company’s stock worth $230,000 after buying an additional 934 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Stellus Capital Investment by 5.1% during the second quarter. Oppenheimer & Co. Inc. now owns 31,095 shares of the investment management company’s stock worth $426,000 after buying an additional 1,500 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Stellus Capital Investment by 7.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 35,593 shares of the investment management company’s stock worth $488,000 after buying an additional 2,460 shares during the last quarter. Finally, Morgan Stanley grew its stake in shares of Stellus Capital Investment by 3.1% during the first quarter. Morgan Stanley now owns 96,072 shares of the investment management company’s stock worth $1,398,000 after buying an additional 2,896 shares during the last quarter. 27.10% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on SCM shares. ValuEngine cut shares of Stellus Capital Investment from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. Ladenburg Thalmann Financial Services assumed coverage on shares of Stellus Capital Investment in a research note on Monday, September 25th. They issued a “buy” rating and a $14.50 price objective on the stock. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $14.00 price objective on shares of Stellus Capital Investment in a research note on Friday, November 10th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $14.50.

Shares of Stellus Capital Investment Corporation (SCM) opened at $13.26 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.50. Stellus Capital Investment Corporation has a one year low of $11.57 and a one year high of $14.82. The firm has a market cap of $207.77, a price-to-earnings ratio of 9.95 and a beta of 0.53.

Stellus Capital Investment (NYSE:SCM) last issued its quarterly earnings data on Thursday, November 9th. The investment management company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.02). Stellus Capital Investment had a return on equity of 9.35% and a net margin of 57.94%. The business had revenue of $9.98 million during the quarter. analysts forecast that Stellus Capital Investment Corporation will post 1.25 EPS for the current year.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be paid a $0.1133 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.36 annualized dividend and a dividend yield of 10.25%. Stellus Capital Investment’s dividend payout ratio is 80.95%.

In other Stellus Capital Investment news, Director Dean D’angelo acquired 12,500 shares of Stellus Capital Investment stock in a transaction that occurred on Friday, December 8th. The shares were bought at an average price of $12.31 per share, with a total value of $153,875.00. Following the completion of the purchase, the director now directly owns 76,327 shares in the company, valued at approximately $939,585.37. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joshua T. Davis bought 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $12.35 per share, for a total transaction of $617,500.00. The disclosure for this purchase can be found here. In the last three months, insiders purchased 196,686 shares of company stock worth $2,439,120. 4.20% of the stock is currently owned by insiders.

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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.

Institutional Ownership by Quarter for Stellus Capital Investment (NYSE:SCM)

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