BlackRock Capital Investment Corporation (NASDAQ:BKCC)‘s stock had its “hold” rating reiterated by equities research analysts at Keefe, Bruyette & Woods in a research report issued on Friday. They presently have a $7.00 price objective on the asset manager’s stock. Keefe, Bruyette & Woods’ target price indicates a potential upside of 1.74% from the stock’s current price.

A number of other research firms have also recently weighed in on BKCC. BidaskClub raised BlackRock Capital Investment Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. ValuEngine cut BlackRock Capital Investment Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised BlackRock Capital Investment Corporation from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co lowered their target price on BlackRock Capital Investment Corporation from $8.00 to $7.50 and set a “neutral” rating for the company in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. BlackRock Capital Investment Corporation currently has an average rating of “Hold” and an average target price of $7.42.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) traded down $0.06 during mid-day trading on Friday, reaching $6.88. The company had a trading volume of 556,059 shares, compared to its average volume of 291,040. BlackRock Capital Investment Corporation has a 12-month low of $6.80 and a 12-month high of $7.90. The firm has a market cap of $498.58, a PE ratio of 8.73, a price-to-earnings-growth ratio of 8.95 and a beta of 0.88. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.44 and a quick ratio of 1.44.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last released its quarterly earnings results on Wednesday, November 8th. The asset manager reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.04). BlackRock Capital Investment Corporation had a net margin of 19.87% and a return on equity of 9.60%. The business had revenue of $22.76 million for the quarter, compared to analyst estimates of $24.75 million. During the same period in the prior year, the business earned $0.21 earnings per share. The company’s revenue for the quarter was down 12.9% on a year-over-year basis. equities research analysts forecast that BlackRock Capital Investment Corporation will post 0.79 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Muzinich & Co. Inc. increased its stake in shares of BlackRock Capital Investment Corporation by 17.8% in the 2nd quarter. Muzinich & Co. Inc. now owns 2,668,880 shares of the asset manager’s stock valued at $19,990,000 after buying an additional 403,683 shares during the period. LSV Asset Management increased its stake in shares of BlackRock Capital Investment Corporation by 2.1% in the 2nd quarter. LSV Asset Management now owns 1,632,384 shares of the asset manager’s stock valued at $12,226,000 after buying an additional 33,724 shares during the period. Punch & Associates Investment Management Inc. increased its stake in shares of BlackRock Capital Investment Corporation by 17.2% in the 2nd quarter. Punch & Associates Investment Management Inc. now owns 1,129,189 shares of the asset manager’s stock valued at $8,458,000 after buying an additional 166,128 shares during the period. Nomura Holdings Inc. increased its stake in shares of BlackRock Capital Investment Corporation by 8.4% in the 2nd quarter. Nomura Holdings Inc. now owns 992,955 shares of the asset manager’s stock valued at $7,449,000 after buying an additional 76,925 shares during the period. Finally, Telemus Capital LLC increased its stake in shares of BlackRock Capital Investment Corporation by 4.8% in the 3rd quarter. Telemus Capital LLC now owns 777,406 shares of the asset manager’s stock valued at $5,831,000 after buying an additional 35,880 shares during the period. 29.10% of the stock is owned by institutional investors.

About BlackRock Capital Investment Corporation

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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