Stellus Capital Investment Corporation (NYSE:SCM) was downgraded by research analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.

A number of other equities analysts have also recently commented on SCM. Zacks Investment Research upgraded Stellus Capital Investment Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Ladenburg Thalmann Financial Services assumed coverage on Stellus Capital Investment Corporation in a research note on Monday, September 25th. They issued a “buy” rating and a $14.50 price objective for the company. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $14.83.

Shares of Stellus Capital Investment Corporation (NYSE:SCM) traded down $1.10 during trading on Friday, reaching $12.86. The company had a trading volume of 470,571 shares, compared to its average volume of 96,240. Stellus Capital Investment Corporation has a 12 month low of $11.20 and a 12 month high of $14.82. The stock has a market cap of $216.49, a PE ratio of 9.96 and a beta of 0.57. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.41.

Stellus Capital Investment Corporation (NYSE:SCM) last announced its earnings results on Thursday, November 9th. The investment management company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). Stellus Capital Investment Corporation had a net margin of 68.17% and a return on equity of 10.06%. The firm had revenue of $9.98 million for the quarter. equities research analysts anticipate that Stellus Capital Investment Corporation will post 1.3 EPS for the current year.

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In related news, insider Robert T. Ladd acquired 14,000 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was acquired at an average price of $13.33 per share, for a total transaction of $186,620.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dean D’angelo acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was bought at an average price of $13.49 per share, with a total value of $67,450.00. The disclosure for this purchase can be found here. Company insiders own 4.20% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Muzinich & Co. Inc. boosted its stake in shares of Stellus Capital Investment Corporation by 23.8% in the 2nd quarter. Muzinich & Co. Inc. now owns 707,551 shares of the investment management company’s stock valued at $9,701,000 after buying an additional 135,828 shares during the period. Advisors Asset Management Inc. raised its position in shares of Stellus Capital Investment Corporation by 3.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 635,570 shares of the investment management company’s stock worth $8,714,000 after acquiring an additional 21,935 shares in the last quarter. Ares Management LLC raised its position in shares of Stellus Capital Investment Corporation by 77.0% during the 2nd quarter. Ares Management LLC now owns 338,937 shares of the investment management company’s stock worth $4,646,000 after acquiring an additional 147,406 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of Stellus Capital Investment Corporation during the 2nd quarter worth about $2,468,000. Finally, Acadian Asset Management LLC acquired a new stake in shares of Stellus Capital Investment Corporation during the 2nd quarter worth about $2,042,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

About Stellus Capital Investment Corporation

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.

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