KCAP Financial Inc. (NASDAQ:KCAP) shares saw an uptick in trading volume on Monday . 137,872 shares traded hands during trading, an increase of 12% from the previous session’s volume of 123,441 shares.The stock last traded at $4.09 and had previously closed at $4.23.

Several research firms recently weighed in on KCAP. Zacks Investment Research upgraded shares of KCAP Financial from a “sell” rating to a “hold” rating in a report on Tuesday, July 12th. Janney Montgomery Scott restated a “hold” rating on shares of KCAP Financial in a report on Wednesday, April 27th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. KCAP Financial presently has a consensus rating of “Hold” and a consensus target price of $3.83.

The stock has a 50 day moving average of $3.90 and a 200-day moving average of $3.45. The stock’s market cap is $151.68 million.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 28th. Stockholders of record on Thursday, July 7th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, July 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.42%.

A hedge fund recently raised its stake in KCAP Financial stock. Morgan Stanley increased its stake in shares of KCAP Financial Inc. (NASDAQ:KCAP) by 49.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 288,565 shares of the company’s stock after buying an additional 95,829 shares during the period. Morgan Stanley owned approximately 0.79% of KCAP Financial worth $1,175,000 as of its most recent filing with the SEC.

KCAP Financial, Inc is an internally managed, non-diversified closed-end investment company. The Company has approximately three principal areas of investments. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies (the debt securities portfolio).

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