Today The Silver Capital Management LLC Has $302,000 Position in BlackRock Capital Investment Corporation (BKCC)

Today The Silver Capital Management LLC Has $302,000 Position in BlackRock Capital Investment Corporation (BKCC)

Silver Capital Management LLC decreased its position in shares of BlackRock Capital Investment Corporation (NASDAQ:BKCC) by 1.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,489 shares of the company’s stock after selling 480 shares during the period. Silver Capital Management LLC’s holdings in BlackRock Capital Investment Corporation were worth $302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Punch & Associates Investment Management Inc. raised its stake in shares of BlackRock Capital Investment Corporation by 1.4% in the third quarter. Punch & Associates Investment Management Inc. now owns 891,794 shares of the company’s stock worth $7,384,000 after buying an additional 12,484 shares during the period. Muzinich & Co. Inc. raised its stake in shares of BlackRock Capital Investment Corporation by 11.7% in the third quarter. Muzinich & Co. Inc. now owns 1,089,033 shares of the company’s stock worth $9,017,000 after buying an additional 114,375 shares during the period. Telemus Capital LLC raised its stake in shares of BlackRock Capital Investment Corporation by 15.7% in the third quarter. Telemus Capital LLC now owns 347,430 shares of the company’s stock worth $2,877,000 after buying an additional 47,100 shares during the period. Nomura Holdings Inc. raised its stake in shares of BlackRock Capital Investment Corporation by 18.0% in the second quarter. Nomura Holdings Inc. now owns 95,389 shares of the company’s stock worth $741,000 after buying an additional 14,585 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of BlackRock Capital Investment Corporation by 1,587.4% in the second quarter. Royal Bank of Canada now owns 26,357 shares of the company’s stock worth $205,000 after buying an additional 24,795 shares during the period. 24.61% of the stock is owned by institutional investors.

Shares of BlackRock Capital Investment Corporation (NASDAQ:BKCC) opened at 7.34 on Wednesday. The company has a 50-day moving average price of $7.36 and a 200-day moving average price of $7.89. BlackRock Capital Investment Corporation has a 12 month low of $6.75 and a 12 month high of $9.92.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last issued its earnings results on Wednesday, November 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by $0.28. BlackRock Capital Investment Corporation had a positive return on equity of 8.18% and a negative net margin of 88.53%. The firm earned $26.15 million during the quarter, compared to analyst estimates of $29.16 million. During the same period in the previous year, the company earned $0.21 EPS. BlackRock Capital Investment Corporation’s revenue for the quarter was down 23.0% on a year-over-year basis. On average, equities research analysts expect that BlackRock Capital Investment Corporation will post $0.73 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, January 2nd. Shareholders of record on Monday, December 19th were issued a $0.21 dividend. The ex-dividend date was Thursday, December 15th. This represents a $0.84 dividend on an annualized basis and a yield of 11.41%. BlackRock Capital Investment Corporation’s payout ratio is presently -59.57%.

Separately, Zacks Investment Research upgraded BlackRock Capital Investment Corporation from a “hold” rating to a “buy” rating and set a $8.75 target price for the company in a research note on Monday, October 17th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. BlackRock Capital Investment Corporation currently has a consensus rating of “Hold” and a consensus target price of $9.45.

About BlackRock Capital Investment Corporation

BlackRock Capital Investment Corporation, formerly BlackRock Kelso Capital 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.

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