Ellida Mcmillan Buys 1,000 Shares of PhenixFIN Co. (NYSE:PFX) Stock

PhenixFIN Co. (NYSE:PFX) CFO Ellida Mcmillan acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were acquired at an average price of $45.12 per share, with a total value of $45,120.00. Following the completion of the transaction, the chief financial officer now owns 2,336 shares in the company, valued at $105,400.32. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

PhenixFIN Price Performance

PhenixFIN stock opened at $46.27 on Thursday. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $93.47 million, a PE ratio of 17.86 and a beta of 0.93. PhenixFIN Co. has a 12 month low of $35.51 and a 12 month high of $47.30. The stock has a 50-day moving average price of $44.85 and a two-hundred day moving average price of $43.77.

PhenixFIN (NYSE:PFX) last posted its earnings results on Friday, May 10th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.51). The firm had revenue of $4.66 million during the quarter, compared to the consensus estimate of $5.60 million. PhenixFIN had a net margin of 125.20% and a return on equity of 3.63%. Analysts expect that PhenixFIN Co. will post 2.21 EPS for the current year.

PhenixFIN Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, May 27th were given a $1.31 dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This is an increase from PhenixFIN’s previous dividend of $0.12.

Hedge Funds Weigh In On PhenixFIN

An institutional investor recently raised its position in PhenixFIN stock. Adalta Capital Management LLC raised its position in PhenixFIN Co. (NYSE:PFX) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 131,999 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. PhenixFIN accounts for about 3.4% of Adalta Capital Management LLC’s holdings, making the stock its 11th biggest holding. Adalta Capital Management LLC owned about 6.32% of PhenixFIN worth $5,013,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 43.35% of the company’s stock.

PhenixFIN Company Profile

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.