TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen purchased 22,737 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was bought at an average price of $6.08 per share, with a total value of $138,240.96. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Jonathan H. Cohen also recently made the following trade(s):

  • On Wednesday, November 22nd, Jonathan H. Cohen acquired 1,070 shares of TICC Capital stock. The stock was purchased at an average cost of $6.09 per share, with a total value of $6,516.30.
  • On Wednesday, November 15th, Jonathan H. Cohen acquired 25,529 shares of TICC Capital stock. The stock was purchased at an average cost of $6.02 per share, with a total value of $153,684.58.
  • On Wednesday, November 8th, Jonathan H. Cohen acquired 53,316 shares of TICC Capital stock. The stock was purchased at an average cost of $5.92 per share, with a total value of $315,630.72.

Shares of TICC Capital Corp. (NASDAQ:TICC) traded down $0.06 during mid-day trading on Friday, reaching $5.84. 318,697 shares of the company traded hands, compared to its average volume of 283,506. The company has a current ratio of 19.74, a quick ratio of 19.74 and a debt-to-equity ratio of 0.41. TICC Capital Corp. has a 12 month low of $5.17 and a 12 month high of $8.19. The stock has a market capitalization of $303.73, a price-to-earnings ratio of 10.35, a price-to-earnings-growth ratio of 2.07 and a beta of 0.65.

TICC Capital (NASDAQ:TICC) last released its quarterly earnings results on Thursday, November 2nd. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.03). TICC Capital had a return on equity of 7.64% and a net margin of 94.98%. The firm had revenue of $14.50 million during the quarter, compared to analysts’ expectations of $15.97 million. During the same period in the prior year, the firm posted $0.30 earnings per share. TICC Capital’s revenue for the quarter was down 19.9% compared to the same quarter last year. analysts anticipate that TICC Capital Corp. will post 0.57 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.70%. The ex-dividend date of this dividend is Thursday, December 14th. TICC Capital’s dividend payout ratio (DPR) is presently 68.38%.

Several research firms have recently weighed in on TICC. National Securities downgraded shares of TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 price target for the company. in a research note on Monday, December 4th. ValuEngine raised shares of TICC Capital from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Zacks Investment Research downgraded shares of TICC Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Ladenburg Thalmann Financial Services raised shares of TICC Capital from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. Finally, TheStreet raised shares of TICC Capital from a “c+” rating to a “b” rating in a research note on Thursday, September 7th. Five equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $5.50.

Institutional investors and hedge funds have recently made changes to their positions in the company. Virtu KCG Holdings LLC grew its holdings in shares of TICC Capital by 90.8% during the second quarter. Virtu KCG Holdings LLC now owns 40,996 shares of the investment management company’s stock valued at $260,000 after buying an additional 19,510 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in shares of TICC Capital by 444.1% during the second quarter. Dynamic Technology Lab Private Ltd now owns 126,523 shares of the investment management company’s stock valued at $802,000 after buying an additional 103,270 shares during the last quarter. Hillsdale Investment Management Inc. grew its holdings in shares of TICC Capital by 14.2% during the third quarter. Hillsdale Investment Management Inc. now owns 193,200 shares of the investment management company’s stock valued at $1,323,000 after buying an additional 24,000 shares during the last quarter. Cowen Inc. purchased a new stake in shares of TICC Capital during the third quarter valued at $262,000. Finally, Blair William & Co. IL grew its holdings in shares of TICC Capital by 0.7% during the second quarter. Blair William & Co. IL now owns 130,760 shares of the investment management company’s stock valued at $829,000 after buying an additional 900 shares during the last quarter. 16.17% of the stock is currently owned by hedge funds and other institutional investors.

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About TICC Capital

TICC Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company primarily focuses on seeking current income by investing primarily in corporate debt securities. The Company’s debt investments may include syndicated loans and bilateral loans.

Insider Buying and Selling by Quarter for TICC Capital (NASDAQ:TICC)

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