Macquarie Group Ltd. raised its holdings in Solar Senior Capital Ltd (NASDAQ:SUNS) by 939.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,390 shares of the asset manager’s stock after acquiring an additional 9,390 shares during the period. Macquarie Group Ltd.’s holdings in Solar Senior Capital were worth $185,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Ramsey Quantitative Systems acquired a new position in Solar Senior Capital in the fourth quarter valued at about $119,000. West Family Investments Inc. grew its stake in Solar Senior Capital by 0.9% in the fourth quarter. West Family Investments Inc. now owns 500,309 shares of the asset manager’s stock valued at $8,886,000 after acquiring an additional 4,700 shares during the period. OxFORD Asset Management LLP grew its stake in Solar Senior Capital by 24.8% in the third quarter. OxFORD Asset Management LLP now owns 33,478 shares of the asset manager’s stock valued at $583,000 after acquiring an additional 6,644 shares during the period. Mackenzie Financial Corp grew its stake in Solar Senior Capital by 37.3% in the fourth quarter. Mackenzie Financial Corp now owns 40,000 shares of the asset manager’s stock valued at $710,000 after acquiring an additional 10,877 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. grew its stake in Solar Senior Capital by 18.4% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 50,673 shares of the asset manager’s stock valued at $874,000 after acquiring an additional 7,860 shares during the period. 28.53% of the stock is owned by hedge funds and other institutional investors.

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NASDAQ:SUNS opened at $17.04 on Tuesday. Solar Senior Capital Ltd has a 1 year low of $16.10 and a 1 year high of $18.40. The stock has a market capitalization of $271.70, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of 2.39 and a beta of 0.59.

Solar Senior Capital (NASDAQ:SUNS) last posted its earnings results on Thursday, February 22nd. The asset manager reported $0.35 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.35. Solar Senior Capital had a return on equity of 8.38% and a net margin of 72.70%. The firm had revenue of $9.05 million during the quarter, compared to analysts’ expectations of $8.74 million. equities research analysts predict that Solar Senior Capital Ltd will post 1.42 EPS for the current year.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 2nd. Shareholders of record on Thursday, April 19th will be paid a $0.1175 dividend. The ex-dividend date is Wednesday, April 18th. This represents a $1.41 dividend on an annualized basis and a yield of 8.27%. Solar Senior Capital’s payout ratio is 100.00%.

A number of research analysts have issued reports on SUNS shares. BidaskClub raised Solar Senior Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, March 21st. Zacks Investment Research cut Solar Senior Capital from a “hold” rating to a “sell” rating in a research note on Friday, January 5th.

In other news, insider Bruce J. Spohler acquired 11,254 shares of Solar Senior Capital stock in a transaction dated Friday, March 2nd. The stock was bought at an average cost of $16.85 per share, with a total value of $189,629.90. Following the completion of the transaction, the insider now directly owns 4,000 shares of the company’s stock, valued at $67,400. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bruce J. Spohler acquired 5,113 shares of Solar Senior Capital stock in a transaction dated Monday, March 5th. The shares were purchased at an average cost of $16.74 per share, with a total value of $85,591.62. Following the completion of the transaction, the insider now directly owns 4,000 shares of the company’s stock, valued at $66,960. The disclosure for this purchase can be found here. 5.60% of the stock is currently owned by insiders.

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Solar Senior Capital Profile

Solar Senior Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. The Company seeks to achieve its investment objective by directly and indirectly investing in senior loans, including first lien, unitranche, and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade, which it refers to collectively as senior loans.

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Institutional Ownership by Quarter for Solar Senior Capital (NASDAQ:SUNS)

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