Stellus Capital Investment (NYSE:SCM) Upgraded to “Hold” at Wall Street Zen

Stellus Capital Investment (NYSE:SCM) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other brokerages also recently weighed in on SCM. Weiss Ratings downgraded shares of Stellus Capital Investment from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Zacks Research downgraded shares of Stellus Capital Investment from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $13.00.

Stellus Capital Investment Price Performance

SCM stock opened at $11.98 on Friday. The firm has a 50 day moving average of $13.30 and a 200-day moving average of $13.65. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 1.27. Stellus Capital Investment has a 12 month low of $11.19 and a 12 month high of $15.56. The firm has a market capitalization of $340.41 million, a P/E ratio of 8.26 and a beta of 0.90.

Stellus Capital Investment (NYSE:SCM) last released its quarterly earnings data on Tuesday, December 14th. The investment management company reported $0.31 EPS for the quarter. Stellus Capital Investment had a net margin of 38.24% and a return on equity of 11.06%. The company had revenue of $27.03 million during the quarter. As a group, sell-side analysts predict that Stellus Capital Investment will post 1.74 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SCM. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Stellus Capital Investment by 33.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 84,762 shares of the investment management company’s stock worth $1,187,000 after acquiring an additional 21,355 shares in the last quarter. Chilton Capital Management LLC raised its stake in shares of Stellus Capital Investment by 10.6% during the first quarter. Chilton Capital Management LLC now owns 8,409 shares of the investment management company’s stock worth $118,000 after acquiring an additional 809 shares in the last quarter. Muzinich & Co. Inc. raised its stake in shares of Stellus Capital Investment by 32.5% during the first quarter. Muzinich & Co. Inc. now owns 87,120 shares of the investment management company’s stock worth $1,220,000 after acquiring an additional 21,355 shares in the last quarter. Inspire Advisors LLC purchased a new position in shares of Stellus Capital Investment during the first quarter worth approximately $343,000. Finally, XTX Topco Ltd purchased a new position in shares of Stellus Capital Investment during the first quarter worth approximately $150,000. 13.22% of the stock is owned by hedge funds and other institutional investors.

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.