Stellus Capital Investment (NYSE:SCM) Rating Increased to Hold at Wall Street Zen

Stellus Capital Investment (NYSE:SCM - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Friday.

Separately, Keefe, Bruyette & Woods reduced their price objective on shares of Stellus Capital Investment from $13.50 to $13.00 and set a "market perform" rating for the company in a research note on Tuesday, April 8th.

Stellus Capital Investment Stock Up 0.5%

Shares of Stellus Capital Investment stock traded up $0.07 on Friday, hitting $14.00. 129,607 shares of the company traded hands, compared to its average volume of 156,289. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 1.09. Stellus Capital Investment has a 12-month low of $11.19 and a 12-month high of $15.56. The company has a 50-day moving average price of $13.35 and a 200 day moving average price of $13.80. The company has a market cap of $397.82 million, a PE ratio of 9.72 and a beta of 0.87.

Stellus Capital Investment (NYSE:SCM - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The investment management company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. Stellus Capital Investment had a net margin of 36.35% and a return on equity of 11.93%. The business had revenue of $24.95 million during the quarter, compared to analyst estimates of $26.76 million. Sell-side analysts predict that Stellus Capital Investment will post 1.74 earnings per share for the current year.

Institutional Investors Weigh In On Stellus Capital Investment

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Chilton Capital Management LLC lifted its position in shares of Stellus Capital Investment by 10.6% during the 1st quarter. Chilton Capital Management LLC now owns 8,409 shares of the investment management company's stock worth $118,000 after purchasing an additional 809 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Stellus Capital Investment during the 1st quarter worth about $150,000. Quantbot Technologies LP acquired a new position in shares of Stellus Capital Investment during the 1st quarter worth about $155,000. Jane Street Group LLC acquired a new position in shares of Stellus Capital Investment during the 1st quarter worth about $157,000. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Stellus Capital Investment by 27.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 15,440 shares of the investment management company's stock worth $216,000 after purchasing an additional 3,352 shares during the last quarter. 13.22% of the stock is owned by institutional investors and hedge funds.

About Stellus Capital Investment

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada.

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