Oppenheimer & Co. Inc. Purchases 3,560 Shares of Fidus Investment Co. (NASDAQ:FDUS)

Oppenheimer & Co. Inc. boosted its position in shares of Fidus Investment Co. (NASDAQ:FDUS) by 22.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,269 shares of the asset manager’s stock after purchasing an additional 3,560 shares during the period. Oppenheimer & Co. Inc. owned about 0.06% of Fidus Investment worth $405,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Columbus Macro LLC acquired a new stake in Fidus Investment in the 4th quarter valued at about $5,610,000. Riverbridge Partners LLC acquired a new stake in Fidus Investment in the 4th quarter valued at about $716,000. Franklin Resources Inc. increased its position in Fidus Investment by 37.0% in the 3rd quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock valued at $2,269,000 after acquiring an additional 31,426 shares in the last quarter. Advisors Asset Management Inc. increased its position in Fidus Investment by 9.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 208,166 shares of the asset manager’s stock valued at $4,080,000 after acquiring an additional 17,929 shares in the last quarter. Finally, Plan Group Financial LLC acquired a new stake in Fidus Investment in the 4th quarter valued at about $334,000. 28.14% of the stock is owned by institutional investors.

Fidus Investment Price Performance

Shares of NASDAQ:FDUS opened at $22.09 on Friday. Fidus Investment Co. has a one year low of $18.41 and a one year high of $23.55. The company has a 50 day moving average of $22.16 and a 200-day moving average of $20.83. The stock has a market cap of $749.18 million, a price-to-earnings ratio of 7.89 and a beta of 1.39.

Fidus Investment Announces Dividend

The firm also recently declared a — dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be given a dividend of $0.11 per share. This represents a dividend yield of 7.4%. The ex-dividend date of this dividend is Thursday, March 20th. Fidus Investment’s dividend payout ratio is 71.37%.

Fidus Investment Profile

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.