News coverage about BlackRock Capital Investment Corporation (NASDAQ:BKCC) has trended somewhat negative on Monday, Alpha One Sentiment reports. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Capital Investment Corporation earned a coverage optimism score of -0.12 on Alpha One’s scale. Alpha One also gave news headlines about the asset manager an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the next several days.

Insider Buying and Selling by Quarter for BlackRock Capital Investment Corporation (NASDAQ:BKCC)

A number of analysts have weighed in on BKCC shares. Zacks Investment Research raised shares of BlackRock Capital Investment Corporation from a “sell” rating to a “hold” rating in a report on Thursday, March 9th. Keefe, Bruyette & Woods set a $8.00 price target on shares of BlackRock Capital Investment Corporation and gave the company a “hold” rating in a report on Monday, April 10th.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) opened at 7.46 on Monday. The stock’s 50 day moving average is $7.59 and its 200-day moving average is $7.47. BlackRock Capital Investment Corporation has a 12-month low of $6.75 and a 12-month high of $8.87.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last issued its quarterly earnings results on Wednesday, May 3rd. The asset manager reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.01. The firm had revenue of $24.93 million during the quarter, compared to the consensus estimate of $24.41 million. BlackRock Capital Investment Corporation had a positive return on equity of 8.30% and a negative net margin of 28.25%. On average, analysts predict that BlackRock Capital Investment Corporation will post $0.83 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 3rd. Investors of record on Monday, June 19th will be given a $0.18 dividend. The ex-dividend date is Thursday, June 15th. This represents a $0.72 dividend on an annualized basis and a yield of 9.65%. BlackRock Capital Investment Corporation’s payout ratio is -171.42%.

In related news, Chairman James Keenan bought 10,000 shares of the company’s stock in a transaction on Friday, March 24th. The shares were acquired at an average cost of $7.33 per share, with a total value of $73,300.00. Following the completion of the acquisition, the chairman now owns 11,100 shares of the company’s stock, valued at approximately $81,363. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John R. Baron purchased 7,000 shares of the stock in a transaction dated Wednesday, March 22nd. The shares were acquired at an average cost of $7.32 per share, for a total transaction of $51,240.00. Following the completion of the acquisition, the director now owns 17,000 shares of the company’s stock, valued at $124,440. The disclosure for this purchase can be found here. Insiders acquired 19,500 shares of company stock valued at $142,740 in the last quarter. Corporate insiders own 1.34% of the company’s stock.

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BlackRock Capital Investment Corporation Company Profile

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.

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