Fidus Investment Corp (NASDAQ:FDUS) Director Charles D. Hyman bought 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The stock was purchased at an average price of $12.79 per share, with a total value of $19,185.00. Following the completion of the purchase, the director now owns 23,200 shares in the company, valued at $296,728. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Fidus Investment Corp (NASDAQ:FDUS) opened at $13.17 on Wednesday. The firm has a market cap of $317.13, a price-to-earnings ratio of 8.92 and a beta of 1.07. Fidus Investment Corp has a 12-month low of $12.63 and a 12-month high of $18.21.

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Fidus Investment (NASDAQ:FDUS) last posted its quarterly earnings data on Thursday, March 1st. The asset manager reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.06). The company had revenue of $17.07 million for the quarter, compared to analyst estimates of $17.76 million. Fidus Investment had a return on equity of 8.91% and a net margin of 64.06%. research analysts forecast that Fidus Investment Corp will post 1.56 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 9th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 11.85%. The ex-dividend date of this dividend is Thursday, March 8th. Fidus Investment’s dividend payout ratio is presently 83.87%.

Several research firms recently issued reports on FDUS. BidaskClub cut shares of Fidus Investment from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 9th. Zacks Investment Research upgraded shares of Fidus Investment from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Thursday, January 4th. Ladenburg Thalmann Financial Services began coverage on shares of Fidus Investment in a research note on Friday, February 16th. They issued a “buy” rating for the company. Finally, ValuEngine cut shares of Fidus Investment from a “buy” rating to a “hold” rating in a research note on Thursday, March 1st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $17.50.

A number of large investors have recently bought and sold shares of FDUS. Kennedy Capital Management Inc. raised its position in Fidus Investment by 808.2% during the fourth quarter. Kennedy Capital Management Inc. now owns 250,221 shares of the asset manager’s stock worth $3,798,000 after acquiring an additional 222,670 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Fidus Investment by 457.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 112,857 shares of the asset manager’s stock worth $1,713,000 after acquiring an additional 92,600 shares during the period. West Family Investments Inc. raised its position in Fidus Investment by 24.8% during the fourth quarter. West Family Investments Inc. now owns 392,328 shares of the asset manager’s stock worth $5,952,000 after acquiring an additional 78,007 shares during the period. Two Sigma Investments LP raised its position in Fidus Investment by 135.1% during the fourth quarter. Two Sigma Investments LP now owns 131,719 shares of the asset manager’s stock worth $1,999,000 after acquiring an additional 75,691 shares during the period. Finally, Two Sigma Advisers LP raised its position in Fidus Investment by 40.3% during the fourth quarter. Two Sigma Advisers LP now owns 165,912 shares of the asset manager’s stock worth $2,519,000 after acquiring an additional 47,676 shares during the period. Institutional investors own 31.37% of the company’s stock.

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Fidus Investment Company Profile

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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