Quadrature Capital Ltd Invests $267,000 in SLR Investment Corp. (NASDAQ:SLRC)

Quadrature Capital Ltd acquired a new stake in shares of SLR Investment Corp. (NASDAQ:SLRC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,752 shares of the financial services provider’s stock, valued at approximately $267,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Natixis Advisors L.P. lifted its stake in SLR Investment by 7.1% in the fourth quarter. Natixis Advisors L.P. now owns 17,418 shares of the financial services provider’s stock valued at $261,000 after buying an additional 1,154 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in SLR Investment by 4.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 50,839 shares of the financial services provider’s stock valued at $764,000 after purchasing an additional 1,969 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in SLR Investment by 6.7% during the 4th quarter. Chicago Partners Investment Group LLC now owns 34,513 shares of the financial services provider’s stock valued at $524,000 after purchasing an additional 2,156 shares during the period. Sunbelt Securities Inc. increased its stake in shares of SLR Investment by 2.8% in the third quarter. Sunbelt Securities Inc. now owns 84,588 shares of the financial services provider’s stock valued at $1,302,000 after purchasing an additional 2,320 shares during the period. Finally, Samalin Investment Counsel LLC increased its stake in shares of SLR Investment by 21.4% in the third quarter. Samalin Investment Counsel LLC now owns 15,017 shares of the financial services provider’s stock valued at $231,000 after purchasing an additional 2,652 shares during the period. 35.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on SLR Investment from $15.50 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, February 29th. Keefe, Bruyette & Woods raised their price target on SLR Investment from $15.50 to $16.00 and gave the company a “market perform” rating in a report on Thursday, May 23rd. Finally, B. Riley restated a “neutral” rating and set a $17.00 price objective (up from $16.00) on shares of SLR Investment in a research note on Friday, May 10th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $14.88.

SLR Investment Stock Performance

Shares of NASDAQ SLRC opened at $16.03 on Thursday. SLR Investment Corp. has a 1 year low of $13.93 and a 1 year high of $16.77. The firm has a market cap of $874.60 million, a P/E ratio of 9.01 and a beta of 1.12. The stock has a fifty day moving average price of $15.98 and a two-hundred day moving average price of $15.43. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.05 and a current ratio of 1.05.

SLR Investment (NASDAQ:SLRC) last announced its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.44 earnings per share for the quarter, meeting the consensus estimate of $0.44. The business had revenue of $58.10 million during the quarter, compared to analyst estimates of $58.96 million. SLR Investment had a return on equity of 9.51% and a net margin of 41.66%. Research analysts forecast that SLR Investment Corp. will post 1.74 EPS for the current fiscal year.

SLR Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th will be paid a $0.41 dividend. The ex-dividend date is Thursday, June 13th. This represents a $1.64 annualized dividend and a dividend yield of 10.23%. SLR Investment’s dividend payout ratio is currently 92.13%.

Insider Transactions at SLR Investment

In other SLR Investment news, Director Andrea Colvin Roberts bought 25,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average cost of $15.98 per share, with a total value of $399,500.00. Following the completion of the purchase, the director now directly owns 25,000 shares in the company, valued at $399,500. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 8.20% of the company’s stock.

SLR Investment Company Profile

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.