Stellus Capital Investment (NYSE:SCM) Stock Rating Upgraded by StockNews.com

Stellus Capital Investment (NYSE:SCMGet Rating) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Thursday.

Separately, Raymond James downgraded shares of Stellus Capital Investment from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 2nd.

Stellus Capital Investment Trading Up 0.7 %

SCM stock opened at $15.08 on Thursday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.26 and a current ratio of 0.26. The company’s 50-day simple moving average is $14.50 and its 200 day simple moving average is $13.63. Stellus Capital Investment has a 52 week low of $11.02 and a 52 week high of $16.08. The company has a market capitalization of $294.75 million, a PE ratio of 20.38 and a beta of 1.22.

Institutional Investors Weigh In On Stellus Capital Investment

A number of large investors have recently bought and sold shares of SCM. UBS Group AG boosted its stake in shares of Stellus Capital Investment by 261.5% in the 2nd quarter. UBS Group AG now owns 3,948 shares of the investment management company’s stock valued at $44,000 after purchasing an additional 2,856 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of Stellus Capital Investment in the 2nd quarter valued at approximately $111,000. Envestnet Asset Management Inc. acquired a new stake in shares of Stellus Capital Investment in the 1st quarter valued at approximately $163,000. Cetera Advisors LLC acquired a new stake in shares of Stellus Capital Investment in the 4th quarter valued at approximately $245,000. Finally, Morgan Stanley boosted its stake in shares of Stellus Capital Investment by 19.2% in the 4th quarter. Morgan Stanley now owns 21,163 shares of the investment management company’s stock valued at $281,000 after purchasing an additional 3,409 shares in the last quarter. 13.75% of the stock is currently owned by institutional investors and hedge funds.

About Stellus Capital Investment

(Get Rating)

Stellus Capital Investment Corp., a traded business development company invests in companies located in the United States with an EBITDA of $5 to $50 million. The fund targets companies operating in the fields of aerospace/defense, business services, consumer products, distribution, education, energy/industrial services, financial services, healthcare, manufacturing, media & entertainment, restaurant/retail, software/technology, and telecommunications.

Further Reading

Receive News & Ratings for Stellus Capital Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellus Capital Investment and related companies with MarketBeat.com's FREE daily email newsletter.