Stellus Capital Investment (NYSE:SCM) Rating Lowered to Sell at StockNews.com

Stellus Capital Investment (NYSE:SCM) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

Stellus Capital Investment Stock Performance

Shares of Stellus Capital Investment stock opened at $14.06 on Friday. The company has a market capitalization of $380.41 million, a PE ratio of 7.17 and a beta of 1.07. Stellus Capital Investment has a 12 month low of $12.85 and a 12 month high of $15.56. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.15. The stock’s fifty day simple moving average is $14.57 and its 200 day simple moving average is $14.06.

Stellus Capital Investment (NYSE:SCM) last issued its quarterly earnings data on Tuesday, March 4th. The investment management company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.04). The business had revenue of $25.62 million for the quarter, compared to analyst estimates of $26.60 million. Stellus Capital Investment had a return on equity of 13.49% and a net margin of 45.39%. On average, research analysts predict that Stellus Capital Investment will post 1.74 EPS for the current year.

Institutional Trading of Stellus Capital Investment

Several hedge funds and other institutional investors have recently modified their holdings of SCM. ORG Partners LLC acquired a new stake in shares of Stellus Capital Investment in the 4th quarter valued at about $29,000. Farther Finance Advisors LLC raised its stake in shares of Stellus Capital Investment by 27.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 13,106 shares of the investment management company’s stock valued at $179,000 after purchasing an additional 2,862 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Stellus Capital Investment by 70.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,949 shares of the investment management company’s stock valued at $205,000 after purchasing an additional 6,197 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in shares of Stellus Capital Investment in the 3rd quarter valued at about $223,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Stellus Capital Investment in the 3rd quarter valued at about $226,000. Institutional investors and hedge funds own 13.22% of the company’s stock.

Stellus Capital Investment Company Profile

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.