Talon Private Wealth LLC acquired a new position in shares of SLR Investment Corp. (NASDAQ:SLRC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 35,338 shares of the financial services provider's stock, valued at approximately $571,000. Talon Private Wealth LLC owned about 0.06% of SLR Investment as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of SLRC. Tudor Investment Corp ET AL boosted its holdings in SLR Investment by 122.0% in the 4th quarter. Tudor Investment Corp ET AL now owns 24,797 shares of the financial services provider's stock valued at $401,000 after purchasing an additional 13,629 shares during the period. Aquatic Capital Management LLC acquired a new stake in shares of SLR Investment in the fourth quarter valued at approximately $248,000. Virtus ETF Advisers LLC boosted its stake in shares of SLR Investment by 1.1% in the fourth quarter. Virtus ETF Advisers LLC now owns 51,000 shares of the financial services provider's stock valued at $824,000 after buying an additional 574 shares during the period. Stifel Financial Corp grew its position in SLR Investment by 27.4% during the fourth quarter. Stifel Financial Corp now owns 31,958 shares of the financial services provider's stock worth $516,000 after buying an additional 6,876 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in SLR Investment by 1,642.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,398 shares of the financial services provider's stock worth $55,000 after acquiring an additional 3,203 shares during the period. 35.32% of the stock is currently owned by institutional investors and hedge funds.
SLR Investment Trading Up 0.7 %
Shares of SLR Investment stock traded up $0.12 during trading on Tuesday, hitting $15.48. The company's stock had a trading volume of 51,866 shares, compared to its average volume of 163,249. The stock has a market cap of $844.32 million, a price-to-earnings ratio of 8.75 and a beta of 0.90. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. SLR Investment Corp. has a 52 week low of $13.64 and a 52 week high of $17.94. The stock has a 50-day moving average price of $16.21 and a two-hundred day moving average price of $16.37.
SLR Investment (NASDAQ:SLRC - Get Free Report) last announced its earnings results on Tuesday, February 25th. The financial services provider reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.01. The business had revenue of $55.58 million during the quarter, compared to the consensus estimate of $57.08 million. SLR Investment had a net margin of 40.89% and a return on equity of 9.73%. Equities research analysts anticipate that SLR Investment Corp. will post 1.76 EPS for the current fiscal year.
SLR Investment Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.64 annualized dividend and a dividend yield of 10.60%. SLR Investment's dividend payout ratio is currently 93.71%.
Analyst Ratings Changes
SLRC has been the topic of several recent analyst reports. Compass Point raised their target price on shares of SLR Investment from $16.50 to $17.25 and gave the company a "neutral" rating in a report on Tuesday, March 11th. Keefe, Bruyette & Woods boosted their price objective 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. JPMorgan Chase & Co. cut their target price on SLR Investment from $16.50 to $15.00 and set an "underweight" rating for the company in a research note on Thursday, April 24th. Finally, Wells Fargo & Company decreased their price target on SLR Investment from $13.00 to $12.00 and set an "underweight" rating on the stock in a research note on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $15.65.
Read Our Latest Stock Report on SLRC
SLR Investment Profile
(
Free Report)
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.
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