Lakeview Capital Partners LLC held its position in Fidus Investment Corporation (NASDAQ:FDUS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,185 shares of the asset manager’s stock at the end of the second quarter. Lakeview Capital Partners LLC’s holdings in Fidus Investment Corporation were worth $255,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sumitomo Mitsui Asset Management Company LTD increased its position in Fidus Investment Corporation by 76.2% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 241,614 shares of the asset manager’s stock worth $4,245,000 after buying an additional 104,478 shares during the period. Muzinich & Co. Inc. increased its position in Fidus Investment Corporation by 136.1% in the first quarter. Muzinich & Co. Inc. now owns 787,640 shares of the asset manager’s stock worth $13,839,000 after buying an additional 454,028 shares during the period. Van ECK Associates Corp purchased a new position in Fidus Investment Corporation during the first quarter worth $2,835,000. BB&T Securities LLC increased its position in Fidus Investment Corporation by 89.6% in the first quarter. BB&T Securities LLC now owns 102,136 shares of the asset manager’s stock worth $1,794,000 after buying an additional 48,256 shares during the period. Finally, Mckinley Capital Management LLC Delaware increased its position in Fidus Investment Corporation by 183.3% in the first quarter. Mckinley Capital Management LLC Delaware now owns 85,169 shares of the asset manager’s stock worth $1,496,000 after buying an additional 55,101 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Shares of Fidus Investment Corporation (NASDAQ:FDUS) opened at 16.63 on Tuesday. The stock has a 50 day moving average price of $16.85 and a 200 day moving average price of $16.95. Fidus Investment Corporation has a 52 week low of $14.33 and a 52 week high of $18.21.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be given a $0.39 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.38%. Fidus Investment Corporation’s dividend payout ratio is currently 80.83%.

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A number of research analysts recently weighed in on FDUS shares. Zacks Investment Research downgraded Fidus Investment Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. Keefe, Bruyette & Woods set a $18.00 price target on Fidus Investment Corporation and gave the stock a “hold” rating in a research note on Wednesday, May 31st. Finally, BidaskClub downgraded Fidus Investment Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $17.50.

About Fidus Investment Corporation

Fidus Investment Corporation is a closed-end, non-diversified investment company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company’s investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments.

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Institutional Ownership by Quarter for Fidus Investment Corporation (NASDAQ:FDUS)

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