Shufro Rose & Co. LLC Maintains Position in BlackRock Capital Investment Corporation (BKCC)

Shufro Rose & Co. LLC continued to hold its stake in BlackRock Capital Investment Corporation (NASDAQ:BKCC) during the second quarter, Holdings Channel reports. The fund owned 51,500 shares of the asset manager’s stock at the end of the second quarter. Shufro Rose & Co. LLC’s holdings in BlackRock Capital Investment Corporation were worth $386,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Muzinich & Co. Inc. boosted its stake in BlackRock Capital Investment Corporation by 57.3% in the first quarter. Muzinich & Co. Inc. now owns 2,265,197 shares of the asset manager’s stock worth $17,102,000 after buying an additional 825,021 shares during the period. UBS Group AG boosted its stake in BlackRock Capital Investment Corporation by 29.6% in the first quarter. UBS Group AG now owns 1,337,516 shares of the asset manager’s stock worth $10,098,000 after buying an additional 305,126 shares during the period. Ares Management LLC boosted its stake in BlackRock Capital Investment Corporation by 1.2% in the first quarter. Ares Management LLC now owns 1,281,354 shares of the asset manager’s stock worth $9,725,000 after buying an additional 15,000 shares during the period. Flaharty Asset Management LLC acquired a new stake in BlackRock Capital Investment Corporation during the first quarter worth about $8,393,000. Finally, Punch & Associates Investment Management Inc. boosted its stake in BlackRock Capital Investment Corporation by 3.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 963,061 shares of the asset manager’s stock worth $7,271,000 after buying an additional 31,927 shares during the period. Hedge funds and other institutional investors own 31.45% of the company’s stock.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) opened at 7.31 on Wednesday. The stock has a 50 day moving average of $7.52 and a 200-day moving average of $7.52. BlackRock Capital Investment Corporation has a 52-week low of $6.75 and a 52-week high of $8.87.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last released its quarterly earnings data on Wednesday, August 2nd. The asset manager reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by $0.02. The company had revenue of $25.24 million during the quarter, compared to analyst estimates of $24.94 million. BlackRock Capital Investment Corporation had a negative net margin of 5.04% and a positive return on equity of 7.20%. During the same period in the previous year, the company posted $0.30 EPS. Analysts anticipate that BlackRock Capital Investment Corporation will post $0.81 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, September 18th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 9.85%. The ex-dividend date of this dividend is Friday, September 15th. BlackRock Capital Investment Corporation’s payout ratio is presently -1,028.57%.

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BKCC has been the subject of a number of analyst reports. BidaskClub upgraded shares of BlackRock Capital Investment Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 9th. Zacks Investment Research cut shares of BlackRock Capital Investment Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine cut shares of BlackRock Capital Investment Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th.

BlackRock Capital Investment Corporation Company Profile

BlackRock Capital Investment 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. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.

Want to see what other hedge funds are holding BKCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Capital Investment Corporation (NASDAQ:BKCC).

Institutional Ownership by Quarter for BlackRock Capital Investment Corporation (NASDAQ:BKCC)

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