Shaker Financial Services LLC boosted its stake in Source Capital, Inc. (NYSE:SOR - Free Report) by 47.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,591 shares of the financial services provider's stock after purchasing an additional 8,553 shares during the period. Shaker Financial Services LLC owned about 0.32% of Source Capital worth $1,104,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of SOR. Mesirow Financial Investment Management Inc. grew its position in shares of Source Capital by 0.6% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 77,535 shares of the financial services provider's stock worth $3,218,000 after buying an additional 462 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Source Capital in the 1st quarter worth approximately $40,000. Cary Street Partners Financial LLC bought a new stake in shares of Source Capital in the 4th quarter worth approximately $242,000. Hennion & Walsh Asset Management Inc. grew its position in shares of Source Capital by 23.9% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 32,305 shares of the financial services provider's stock worth $1,341,000 after buying an additional 6,224 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Source Capital by 40.6% during the fourth quarter. Invesco Ltd. now owns 24,944 shares of the financial services provider's stock valued at $1,085,000 after purchasing an additional 7,198 shares in the last quarter. 13.15% of the stock is owned by hedge funds and other institutional investors.
Source Capital Trading Down 0.0%
Shares of NYSE SOR traded down $0.01 during mid-day trading on Friday, hitting $43.75. 4,552 shares of the stock traded hands, compared to its average volume of 12,169. Source Capital, Inc. has a 52 week low of $38.66 and a 52 week high of $46.34. The stock has a fifty day moving average price of $43.38 and a 200-day moving average price of $42.36.
Source Capital Dividend Announcement
The business also recently announced a dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 17th were issued a $0.2083 dividend. This represents a yield of 568.0%. The ex-dividend date of this dividend was Wednesday, July 16th.
About Source Capital
(
Free Report)
Source Capital, Inc is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small to mid cap companies.
Featured Articles

Before you consider Source Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Source Capital wasn't on the list.
While Source Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.