Stellus Capital Investment (NYSE:SCM) Given New $9.00 Price Target at Keefe, Bruyette & Woods

Stellus Capital Investment (NYSE:SCM) had its price objective cut by research analysts at Keefe, Bruyette & Woods from $13.00 to $9.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has a “market perform” rating on the investment management company’s stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 2.75% from the stock’s previous close.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Stellus Capital Investment in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $9.00.

Stellus Capital Investment Trading Up 0.4%

Shares of SCM stock opened at $8.76 on Monday. The business has a 50-day moving average price of $11.64 and a two-hundred day moving average price of $12.37. Stellus Capital Investment has a 12-month low of $8.55 and a 12-month high of $15.39. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 1.13. The firm has a market cap of $253.57 million, a P/E ratio of 9.32 and a beta of 0.68.

Stellus Capital Investment (NYSE:SCM) last announced its quarterly earnings data on Wednesday, March 11th. The investment management company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.02). The firm had revenue of $23.98 million for the quarter, compared to the consensus estimate of $26.33 million. Stellus Capital Investment had a net margin of 26.48% and a return on equity of 10.28%. Equities analysts anticipate that Stellus Capital Investment will post 1.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Corient Private Wealth LLC boosted its position in Stellus Capital Investment by 138.9% during the 2nd quarter. Corient Private Wealth LLC now owns 507,526 shares of the investment management company’s stock valued at $7,075,000 after buying an additional 295,068 shares during the period. LPL Financial LLC increased its position in shares of Stellus Capital Investment by 695.6% in the fourth quarter. LPL Financial LLC now owns 309,045 shares of the investment management company’s stock valued at $3,919,000 after acquiring an additional 270,199 shares during the period. Muzinich & Co. Inc. raised its stake in shares of Stellus Capital Investment by 22.5% during the fourth quarter. Muzinich & Co. Inc. now owns 253,534 shares of the investment management company’s stock valued at $3,215,000 after acquiring an additional 46,641 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of Stellus Capital Investment by 3.3% during the third quarter. Two Sigma Investments LP now owns 225,264 shares of the investment management company’s stock valued at $2,942,000 after acquiring an additional 7,132 shares during the last quarter. Finally, Condor Capital Management boosted its holdings in shares of Stellus Capital Investment by 5.7% during the fourth quarter. Condor Capital Management now owns 214,438 shares of the investment management company’s stock worth $2,719,000 after purchasing an additional 11,592 shares during the period. Institutional investors own 13.22% of the company’s stock.

About Stellus Capital Investment

Stellus Capital Investment Corporation (NYSE: SCM) is a closed-end, externally managed business development company that provides debt and equity financing to middle market companies in the United States. As an investment vehicle specializing in private credit, Stellus focuses on originating and structuring senior secured loans, unitranche facilities, mezzanine debt, and equity co-investments tailored to the unique needs of growing businesses. Its flexible capital solutions are designed to support acquisitions, recapitalizations, growth initiatives, and balance sheet refinancings.

Operating under an evergreen structure, Stellus Capital Investment partners with a diverse group of portfolio companies across industries such as manufacturing, healthcare, business services, and specialty finance.