Muzinich & Co. Inc. grew its holdings in BlackRock Capital Investment Corporation (NASDAQ:BKCC) by 17.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,668,880 shares of the asset manager’s stock after acquiring an additional 403,683 shares during the period. BlackRock Capital Investment Corporation comprises approximately 1.7% of Muzinich & Co. Inc.’s holdings, making the stock its 17th biggest holding. Muzinich & Co. Inc.’s holdings in BlackRock Capital Investment Corporation were worth $19,990,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. LSV Asset Management raised its stake in shares of BlackRock Capital Investment Corporation by 2.1% in the 2nd quarter. LSV Asset Management now owns 1,632,384 shares of the asset manager’s stock valued at $12,226,000 after acquiring an additional 33,724 shares during the period. UBS Group AG raised its stake in shares of BlackRock Capital Investment Corporation by 29.6% in the 1st quarter. UBS Group AG now owns 1,337,516 shares of the asset manager’s stock valued at $10,098,000 after acquiring an additional 305,126 shares during the period. Ares Management LLC raised its stake in shares of BlackRock Capital Investment Corporation by 1.2% in the 1st quarter. Ares Management LLC now owns 1,281,354 shares of the asset manager’s stock valued at $9,725,000 after acquiring an additional 15,000 shares during the period. Flaharty Asset Management LLC purchased a new position in shares of BlackRock Capital Investment Corporation in the 1st quarter valued at $8,393,000. Finally, Van ECK Associates Corp raised its stake in shares of BlackRock Capital Investment Corporation by 13.7% in the 2nd quarter. Van ECK Associates Corp now owns 632,770 shares of the asset manager’s stock valued at $4,739,000 after acquiring an additional 76,010 shares during the period. 28.99% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Capital Investment Corporation (NASDAQ:BKCC) last posted its earnings results on Wednesday, August 2nd. The asset manager reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). The business had revenue of $25.24 million during the quarter, compared to the consensus estimate of $24.94 million. BlackRock Capital Investment Corporation had a positive return on equity of 7.20% and a negative net margin of 5.04%. During the same period in the prior year, the firm earned $0.30 earnings per share.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, September 18th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 9.93%. The ex-dividend date is Friday, September 15th. BlackRock Capital Investment Corporation’s payout ratio is -1,028.57%.

A number of equities analysts have recently commented on BKCC shares. Zacks Investment Research raised shares of BlackRock Capital Investment Corporation from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. ValuEngine downgraded shares of BlackRock Capital Investment Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, BidaskClub raised shares of BlackRock Capital Investment Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 9th.

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About BlackRock Capital Investment Corporation

BlackRock Capital Investment Corporation is an externally-managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.

Institutional Ownership by Quarter for BlackRock Capital Investment Corporation (NASDAQ:BKCC)

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