Aquatic Capital Management LLC Purchases Shares of 15,373 SLR Investment Corp. (NASDAQ:SLRC)

Aquatic Capital Management LLC acquired a new position in shares of SLR Investment Corp. (NASDAQ:SLRC) in the 4th quarter, HoldingsChannel reports. The fund acquired 15,373 shares of the financial services provider’s stock, valued at approximately $248,000.

Other large investors also recently made changes to their positions in the company. Virtus ETF Advisers LLC lifted its position in shares of SLR Investment by 1.1% during the fourth quarter. Virtus ETF Advisers LLC now owns 51,000 shares of the financial services provider’s stock worth $824,000 after purchasing an additional 574 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in SLR Investment by 2.1% during the 4th quarter. Chicago Partners Investment Group LLC now owns 30,884 shares of the financial services provider’s stock worth $504,000 after buying an additional 627 shares during the period. Sei Investments Co. lifted its holdings in SLR Investment by 0.4% in the 4th quarter. Sei Investments Co. now owns 260,443 shares of the financial services provider’s stock worth $4,209,000 after buying an additional 1,059 shares in the last quarter. Wedbush Securities Inc. boosted its position in SLR Investment by 2.8% in the 4th quarter. Wedbush Securities Inc. now owns 42,983 shares of the financial services provider’s stock valued at $695,000 after buying an additional 1,170 shares during the last quarter. Finally, Kelleher Financial Advisors grew its stake in shares of SLR Investment by 8.6% during the fourth quarter. Kelleher Financial Advisors now owns 15,914 shares of the financial services provider’s stock valued at $257,000 after acquiring an additional 1,254 shares in the last quarter. Institutional investors and hedge funds own 35.32% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Keefe, Bruyette & Woods boosted their price target on SLR Investment from $16.00 to $17.00 and gave the stock a “market perform” rating in a research note on Tuesday, March 4th. Compass Point upped their target price on SLR Investment from $16.50 to $17.25 and gave the company a “neutral” rating in a research report on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price target on shares of SLR Investment from $16.50 to $15.00 and set an “underweight” rating for the company in a research report on Thursday, April 24th. Finally, Wells Fargo & Company reduced their price objective on shares of SLR Investment from $13.00 to $12.00 and set an “underweight” rating on the stock in a research note on Monday, April 28th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $15.65.

SLR Investment Price Performance

Shares of SLRC opened at $15.65 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11. The firm has a market cap of $853.86 million, a price-to-earnings ratio of 8.84 and a beta of 0.90. SLR Investment Corp. has a 52 week low of $13.64 and a 52 week high of $17.94. The stock has a 50 day moving average of $16.25 and a 200-day moving average of $16.36.

SLR Investment (NASDAQ:SLRC) last released its earnings results on Tuesday, February 25th. The financial services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.01. The firm had revenue of $55.58 million during the quarter, compared to analyst estimates of $57.08 million. SLR Investment had a net margin of 40.89% and a return on equity of 9.73%. As a group, analysts forecast that SLR Investment Corp. will post 1.76 EPS for the current year.

SLR Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.41 per share. The ex-dividend date was Friday, March 14th. This represents a $1.64 annualized dividend and a yield of 10.48%. SLR Investment’s dividend payout ratio (DPR) is 93.71%.

SLR Investment Company Profile

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.