Fisher Asset Management LLC acquired a new stake in shares of Blackrock Capital Investment Corp (NASDAQ:BKCC) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 27,092 shares of the asset manager’s stock, valued at approximately $205,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Green Square Capital LLC increased its stake in shares of Blackrock Capital Investment Corp by 1.3% in the third quarter. Green Square Capital LLC now owns 24,360 shares of the asset manager’s stock valued at $207,000 after buying an additional 317 shares during the period. Aviance Capital Partners LLC increased its position in shares of Blackrock Capital Investment Corp by 0.5% in the third quarter. Aviance Capital Partners LLC now owns 204,650 shares of the asset manager’s stock worth $1,696,000 after buying an additional 943 shares during the period. B. Riley Financial Inc. increased its position in shares of Blackrock Capital Investment Corp by 2.2% in the third quarter. B. Riley Financial Inc. now owns 46,412 shares of the asset manager’s stock worth $384,000 after buying an additional 1,000 shares during the period. Osborn Williams & Donohoe LLC increased its position in shares of Blackrock Capital Investment Corp by 1.3% in the first quarter. Osborn Williams & Donohoe LLC now owns 88,182 shares of the asset manager’s stock worth $666,000 after buying an additional 1,103 shares during the period. Finally, IFC Holdings Incorporated FL increased its position in shares of Blackrock Capital Investment Corp by 58.2% in the first quarter. IFC Holdings Incorporated FL now owns 30,846 shares of the asset manager’s stock worth $234,000 after buying an additional 11,344 shares during the period. Hedge funds and other institutional investors own 23.79% of the company’s stock.

Institutional Ownership by Quarter for Blackrock Capital Investment Corp (NASDAQ:BKCC)

Shares of Blackrock Capital Investment Corp (NASDAQ:BKCC) traded down 0.27% on Friday, hitting $7.50. The stock had a trading volume of 49,348 shares. The stock has a 50 day moving average of $7.39 and a 200-day moving average of $7.41. Blackrock Capital Investment Corp has a 12 month low of $6.75 and a 12 month high of $8.87. The stock’s market cap is $546.05 million.

Blackrock Capital Investment Corp (NASDAQ:BKCC) last announced its quarterly earnings data on Wednesday, May 3rd. The asset manager reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The business had revenue of $24.93 million for the quarter, compared to the consensus estimate of $24.41 million. Blackrock Capital Investment Corp had a negative net margin of 88.53% and a positive return on equity of 8.18%. Equities research analysts anticipate that Blackrock Capital Investment Corp will post $0.83 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 3rd. Investors of record on Monday, June 19th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 9.57%. The ex-dividend date is Thursday, June 15th. Blackrock Capital Investment Corp’s payout ratio is -59.57%.

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A number of brokerages have issued reports on BKCC. Zacks Investment Research downgraded Blackrock Capital Investment Corp from a “hold” rating to a “sell” rating in a research note on Friday, February 3rd. Keefe, Bruyette & Woods set a $8.00 price objective on Blackrock Capital Investment Corp and gave the company a “hold” rating in a research note on Monday, April 10th.

In other news, CEO Michael J. Zugay acquired 5,000 shares of Blackrock Capital Investment Corp stock in a transaction that occurred on Thursday, March 16th. The shares were acquired at an average price of $7.38 per share, with a total value of $36,900.00. Following the completion of the purchase, the chief executive officer now owns 400 shares of the company’s stock, valued at approximately $2,952. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman James Keenan purchased 10,000 shares of the business’s stock in a transaction on Thursday, March 16th. The shares were bought at an average cost of $7.37 per share, for a total transaction of $73,700.00. Following the purchase, the chairman now owns 1,600 shares of the company’s stock, valued at $11,792. The disclosure for this purchase can be found here. Insiders have purchased 59,500 shares of company stock worth $437,590 in the last three months. Insiders own 1.62% of the company’s stock.

About Blackrock Capital Investment Corp

BlackRock Capital Investment Corporation is an externally-managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.

5 Day Chart for NASDAQ:BKCC

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