SLR Investment Corp. (NASDAQ:SLRC) Given Average Recommendation of “Hold” by Brokerages

Shares of SLR Investment Corp. (NASDAQ:SLRC) have earned an average rating of “Hold” from the eight analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $16.0357.

Several equities research analysts have recently weighed in on SLRC shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of SLR Investment in a research note on Monday, December 29th. Keefe, Bruyette & Woods lowered their price target on SLR Investment from $17.00 to $16.50 and set a “market perform” rating on the stock in a research report on Tuesday, November 18th. Finally, Wall Street Zen upgraded SLR Investment from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th.

SLR Investment Price Performance

NASDAQ:SLRC opened at $14.41 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.15. The company has a 50-day moving average of $15.20 and a 200-day moving average of $15.49. SLR Investment has a 52 week low of $13.64 and a 52 week high of $17.94.

Institutional Investors Weigh In On SLR Investment

A number of large investors have recently bought and sold shares of SLRC. Kelleher Financial Advisors bought a new position in shares of SLR Investment in the fourth quarter worth about $26,000. BNP Paribas Financial Markets increased its holdings in shares of SLR Investment by 1,389.8% in the third quarter. BNP Paribas Financial Markets now owns 1,758 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 1,640 shares in the last quarter. CWM LLC raised its position in SLR Investment by 215.6% in the 3rd quarter. CWM LLC now owns 2,367 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 1,617 shares during the last quarter. State of Alaska Department of Revenue bought a new position in SLR Investment in the 3rd quarter worth approximately $38,000. Finally, International Assets Investment Management LLC acquired a new position in SLR Investment during the 4th quarter worth $42,000. 35.32% of the stock is currently owned by institutional investors.

SLR Investment Company Profile

SLR Investment Corp. (NASDAQ: SLRC) is a closed‐end, externally managed business development company that provides customized debt and equity financing solutions to middle‐market companies. The firm seeks to generate current income and capital appreciation by investing primarily in senior secured loans, second lien financings, mezzanine debt and equity co‐investments. Its flexible capital approach allows it to structure financing across the capital structure to address a range of sponsor‐backed transactions.

SLR Investment Corp.