A&I Financial Services LLC Acquires New Stake in CION Investment Co. (NYSE:CION)

A&I Financial Services LLC bought a new position in CION Investment Co. (NYSE:CION) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,860 shares of the company’s stock, valued at approximately $386,000. A&I Financial Services LLC owned about 0.06% of CION Investment as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Golden State Wealth Management LLC purchased a new position in shares of CION Investment during the 4th quarter worth $96,000. Quantbot Technologies LP purchased a new position in shares of CION Investment during the 3rd quarter worth $104,000. Focused Wealth Management Inc purchased a new position in shares of CION Investment during the 3rd quarter worth $120,000. Legacy Investment Solutions LLC purchased a new position in shares of CION Investment during the 3rd quarter worth $124,000. Finally, Virtu Financial LLC purchased a new position in shares of CION Investment during the 3rd quarter worth $127,000. 32.01% of the stock is currently owned by institutional investors.

CION Investment Price Performance

Shares of CION Investment stock opened at $12.26 on Friday. The company’s fifty day simple moving average is $11.63 and its 200-day simple moving average is $11.74. The stock has a market capitalization of $653.02 million, a PE ratio of 8.34 and a beta of 1.13. CION Investment Co. has a 1-year low of $10.52 and a 1-year high of $12.69.

CION Investment Announces Dividend

The company also recently announced an annual dividend, which was paid on Monday, January 27th. Investors of record on Monday, December 30th were paid a dividend of $0.05 per share. This represents a dividend yield of 0.43%. The ex-dividend date of this dividend was Monday, December 30th. CION Investment’s dividend payout ratio (DPR) is 97.96%.

CION Investment Company Profile

CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.