KCAP Financial Inc. (NASDAQ:KCAP)’s share price rose 1.7% during mid-day trading on Monday . The company traded as high as $4.14 and last traded at $4.13, with a volume of 100,599 shares. The stock had previously closed at $4.06.

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research lowered KCAP Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, April 13th. Janney Montgomery Scott reissued a “hold” rating on shares of KCAP Financial in a research note on Wednesday, April 27th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $3.83.

The company’s market capitalization is $150.18 million. The firm’s 50 day moving average price is $3.86 and its 200-day moving average price is $3.43.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 28th. Stockholders of record on Thursday, July 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.63%. The ex-dividend date is Tuesday, July 5th.

A hedge fund recently raised its stake in KCAP Financial stock. Morgan Stanley increased its position in shares of KCAP Financial Inc. (NASDAQ:KCAP) by 49.7% during the fourth quarter, according to its most recent 13F 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 about 0.79% of KCAP Financial worth $1,175,000 at the end of the most recent reporting period.

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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