ORG Partners LLC Purchases Shares of 2,110 Stellus Capital Investment Co. (NYSE:SCM)

ORG Partners LLC purchased a new stake in Stellus Capital Investment Co. (NYSE:SCM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,110 shares of the investment management company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCM. Magnetar Financial LLC acquired a new stake in Stellus Capital Investment in the 2nd quarter valued at about $544,000. Marshall Wace LLP acquired a new stake in Stellus Capital Investment during the 2nd quarter worth about $1,302,000. Millennium Management LLC raised its holdings in Stellus Capital Investment by 285.2% during the 2nd quarter. Millennium Management LLC now owns 213,958 shares of the investment management company’s stock worth $2,938,000 after buying an additional 158,415 shares during the period. Raymond James & Associates raised its holdings in Stellus Capital Investment by 2.2% during the 3rd quarter. Raymond James & Associates now owns 228,375 shares of the investment management company’s stock worth $3,126,000 after buying an additional 4,859 shares during the period. Finally, PFG Investments LLC raised its holdings in Stellus Capital Investment by 1.3% during the 3rd quarter. PFG Investments LLC now owns 62,954 shares of the investment management company’s stock worth $862,000 after buying an additional 792 shares during the period. 13.22% of the stock is owned by institutional investors and hedge funds.

Stellus Capital Investment Price Performance

NYSE SCM opened at $13.66 on Monday. The stock’s 50-day moving average price is $13.74 and its two-hundred day moving average price is $13.84. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.15. The company has a market cap of $369.61 million, a PE ratio of 6.97 and a beta of 1.12. Stellus Capital Investment Co. has a 1 year low of $12.48 and a 1 year high of $14.68.

Stellus Capital Investment Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Saturday, March 29th will be issued a dividend of $0.1333 per share. The ex-dividend date is Friday, March 28th. This represents a $1.60 annualized dividend and a yield of 11.71%. Stellus Capital Investment’s payout ratio is presently 81.63%.

Stellus Capital Investment 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.