Blair William & Co. IL raised its position in shares of TICC Capital Corp. (NASDAQ:TICC) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,760 shares of the investment management company’s stock after buying an additional 900 shares during the period. Blair William & Co. IL owned 0.25% of TICC Capital Corp. worth $829,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Muzinich & Co. Inc. raised its position in shares of TICC Capital Corp. by 629.5% in the first quarter. Muzinich & Co. Inc. now owns 1,439,532 shares of the investment management company’s stock worth $10,624,000 after buying an additional 1,242,211 shares during the period. Bank of Montreal Can acquired a new position in shares of TICC Capital Corp. during the second quarter worth about $2,390,000. UBS Group AG raised its position in shares of TICC Capital Corp. by 20.4% in the first quarter. UBS Group AG now owns 1,399,942 shares of the investment management company’s stock worth $10,332,000 after buying an additional 237,193 shares during the period. Van ECK Associates Corp raised its position in shares of TICC Capital Corp. by 29.0% in the first quarter. Van ECK Associates Corp now owns 393,663 shares of the investment management company’s stock worth $2,905,000 after buying an additional 88,544 shares during the period. Finally, Eagle Global Advisors LLC raised its position in shares of TICC Capital Corp. by 218.3% in the first quarter. Eagle Global Advisors LLC now owns 88,929 shares of the investment management company’s stock worth $656,000 after buying an additional 60,990 shares during the last quarter. Hedge funds and other institutional investors own 17.45% of the company’s stock.

Shares of TICC Capital Corp. (NASDAQ TICC) opened at 6.74 on Thursday. TICC Capital Corp. has a 52 week low of $5.51 and a 52 week high of $8.19. The firm has a 50 day moving average price of $6.67 and a 200-day moving average price of $7.11. The firm has a market capitalization of $346.97 million, a P/E ratio of 3.80 and a beta of 0.69.

TICC Capital Corp. (NASDAQ:TICC) last issued its earnings results on Tuesday, August 8th. The investment management company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.01. The business had revenue of $17.01 million during the quarter, compared to analyst estimates of $14.60 million. TICC Capital Corp. had a return on equity of 7.50% and a net margin of 142.50%. During the same period last year, the business earned $0.32 EPS. Equities research analysts predict that TICC Capital Corp. will post $0.62 EPS for the current fiscal year.

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TICC has been the topic of a number of research reports. BidaskClub lowered TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Barclays PLC restated a “sell” rating and issued a $6.00 price objective on shares of TICC Capital Corp. in a report on Wednesday, May 24th. National Securities restated a “sell” rating and issued a $6.00 price objective on shares of TICC Capital Corp. in a report on Friday, May 12th. Zacks Investment Research lowered TICC Capital Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, TheStreet lowered TICC Capital Corp. from a “b” rating to a “c+” rating in a report on Friday, June 2nd. Four research analysts have rated the stock with a sell rating and one has issued a hold rating to the company’s stock. The stock has an average rating of “Sell” and an average target price of $6.75.

In other TICC Capital Corp. news, CEO Jonathan H. Cohen bought 5,077 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was acquired at an average price of $6.67 per share, with a total value of $33,863.59. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Saul B. Rosenthal acquired 17,153 shares of TICC Capital Corp. stock in a transaction that occurred on Monday, August 14th. The shares were purchased at an average cost of $6.61 per share, with a total value of $113,381.33. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 61,839 shares of company stock valued at $411,841. 5.90% of the stock is currently owned by insiders.

TICC Capital Corp. Company Profile

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.

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Institutional Ownership by Quarter for TICC Capital Corp. (NASDAQ:TICC)

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