JPMorgan Chase & Co. Has $22.11 Million Holdings in SLR Investment Corp. (NASDAQ:SLRC)

JPMorgan Chase & Co. grew its position in SLR Investment Corp. (NASDAQ:SLRC - Free Report) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,368,250 shares of the financial services provider's stock after buying an additional 31,839 shares during the period. JPMorgan Chase & Co. owned 2.51% of SLR Investment worth $22,111,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its position in SLR Investment by 14.5% in the fourth quarter. LPL Financial LLC now owns 48,991 shares of the financial services provider's stock worth $792,000 after purchasing an additional 6,216 shares during the period. Samalin Investment Counsel LLC boosted its stake in shares of SLR Investment by 6.0% in the 4th quarter. Samalin Investment Counsel LLC now owns 35,120 shares of the financial services provider's stock valued at $568,000 after purchasing an additional 1,973 shares during the last quarter. Sei Investments Co. grew its position in shares of SLR Investment by 0.4% during the 4th quarter. Sei Investments Co. now owns 260,443 shares of the financial services provider's stock worth $4,209,000 after buying an additional 1,059 shares during the period. Campbell Capital Management Inc. acquired a new position in SLR Investment in the fourth quarter valued at approximately $533,000. Finally, Commonwealth Equity Services LLC boosted its stake in SLR Investment by 8.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 209,754 shares of the financial services provider's stock valued at $3,390,000 after acquiring an additional 15,859 shares during the last quarter. 35.32% of the stock is owned by institutional investors and hedge funds.

SLR Investment Trading Up 1.5 %

Shares of SLRC stock traded up $0.22 on Tuesday, hitting $15.07. The stock had a trading volume of 28,521 shares, compared to its average volume of 162,878. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11. SLR Investment Corp. has a twelve month low of $13.64 and a twelve month high of $17.94. The company has a fifty day moving average price of $16.80 and a two-hundred day moving average price of $16.33. The firm has a market cap of $822.00 million, a P/E ratio of 8.52 and a beta of 0.90.

SLR Investment (NASDAQ:SLRC - Get Free Report) last posted its earnings results on Tuesday, February 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.01. The firm had revenue of $55.58 million during the quarter, compared to analysts' expectations of $57.08 million. SLR Investment had a return on equity of 9.73% and a net margin of 40.89%. As a group, analysts forecast that SLR Investment Corp. will post 1.76 earnings per share for the current fiscal year.

SLR Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.64 dividend on an annualized basis and a yield of 10.89%. SLR Investment's payout ratio is 93.71%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Keefe, Bruyette & Woods upped their target price on shares of SLR Investment from $16.00 to $17.00 and gave the company a "market perform" rating in a research report on Tuesday, March 4th. Compass Point upped their price objective on SLR Investment from $16.50 to $17.25 and gave the company a "neutral" rating in a report on Tuesday, March 11th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat.com, SLR Investment currently has a consensus rating of "Hold" and an average target price of $15.85.

SLR Investment Company Profile

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.