Stellus Capital Investment Corporation (NYSE:SCM) Director Dean D’angelo bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were acquired at an average cost of $13.49 per share, with a total value of $67,450.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Dean D’angelo also recently made the following trade(s):

  • On Tuesday, June 20th, Dean D’angelo bought 1,500 shares of Stellus Capital Investment Corporation stock. The shares were acquired at an average cost of $13.33 per share, with a total value of $19,995.00.

Shares of Stellus Capital Investment Corporation (SCM) opened at 13.60 on Friday. Stellus Capital Investment Corporation has a 12 month low of $10.22 and a 12 month high of $14.82. The company has a 50 day moving average of $13.55 and a 200 day moving average of $13.86.

Stellus Capital Investment Corporation (NYSE:SCM) last issued its quarterly earnings results on Thursday, August 3rd. The investment management company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. Stellus Capital Investment Corporation had a net margin of 68.17% and a return on equity of 10.06%. The company had revenue of $10.39 million during the quarter, compared to analysts’ expectations of $9.99 million. Equities analysts forecast that Stellus Capital Investment Corporation will post $1.29 earnings per share for the current year.

The firm also recently declared a monthly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a dividend of $0.1133 per share. This represents a $1.36 annualized dividend and a dividend yield of 10.00%. The ex-dividend date of this dividend was Tuesday, August 29th. Stellus Capital Investment Corporation’s dividend payout ratio is 64.15%.

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A number of institutional investors have recently added to or reduced their stakes in SCM. GSA Capital Partners LLP boosted its stake in Stellus Capital Investment Corporation by 1.0% during the 2nd quarter. GSA Capital Partners LLP now owns 10,300 shares of the investment management company’s stock worth $141,000 after acquiring an additional 100 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Stellus Capital Investment Corporation during the 2nd quarter worth approximately $155,000. Sanders Morris Harris LLC boosted its stake in Stellus Capital Investment Corporation by 1.8% during the 2nd quarter. Sanders Morris Harris LLC now owns 13,776 shares of the investment management company’s stock worth $189,000 after acquiring an additional 239 shares during the last quarter. Waldron LP bought a new position in Stellus Capital Investment Corporation during the 1st quarter worth approximately $218,000. Finally, Janney Montgomery Scott LLC boosted its stake in Stellus Capital Investment Corporation by 5.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 16,776 shares of the investment management company’s stock worth $230,000 after acquiring an additional 934 shares during the last quarter. 26.45% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently commented on the stock. ValuEngine raised shares of Stellus Capital Investment Corporation from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Keefe, Bruyette & Woods set a $15.00 target price on shares of Stellus Capital Investment Corporation and gave the company a “hold” rating in a research note on Wednesday, May 31st. Finally, Zacks Investment Research lowered shares of Stellus Capital Investment Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $14.00.

Stellus Capital Investment Corporation 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.

Insider Buying and Selling by Quarter for Stellus Capital Investment Corporation (NYSE:SCM)

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