BlackRock Capital Investment (NASDAQ:BKCC) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of BlackRock Capital Investment (NASDAQ:BKCCFree Report) in a report released on Friday morning. The brokerage issued a hold rating on the asset manager’s stock.

Separately, Wells Fargo & Company upped their price target on shares of BlackRock Capital Investment from $3.50 to $3.75 and gave the company an equal weight rating in a report on Monday, January 29th.

View Our Latest Analysis on BKCC

BlackRock Capital Investment Price Performance

Shares of NASDAQ BKCC opened at $3.77 on Friday. BlackRock Capital Investment has a twelve month low of $3.03 and a twelve month high of $4.03. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $273.60 million, a price-to-earnings ratio of 17.14 and a beta of 1.44. The firm has a 50-day moving average of $3.87 and a two-hundred day moving average of $3.69.

Institutional Investors Weigh In On BlackRock Capital Investment

A number of large investors have recently added to or reduced their stakes in BKCC. Condor Capital Management boosted its position in shares of BlackRock Capital Investment by 9.5% in the fourth quarter. Condor Capital Management now owns 886,024 shares of the asset manager’s stock valued at $3,429,000 after acquiring an additional 77,137 shares during the period. Cape Investment Advisory Inc. bought a new stake in shares of BlackRock Capital Investment in the fourth quarter valued at approximately $34,000. D.A. Davidson & CO. boosted its position in shares of BlackRock Capital Investment by 8.2% in the fourth quarter. D.A. Davidson & CO. now owns 39,640 shares of the asset manager’s stock valued at $153,000 after acquiring an additional 3,000 shares during the period. Jump Financial LLC bought a new stake in shares of BlackRock Capital Investment in the fourth quarter valued at approximately $96,000. Finally, Narwhal Capital Management bought a new stake in shares of BlackRock Capital Investment in the fourth quarter valued at approximately $54,000. Institutional investors own 18.25% of the company’s stock.

About BlackRock Capital Investment

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BlackRock Capital Investment Corporation, formerly known as BlackRock Kelso Capital Corporation, is a Business Development Company specializing in investments in middle market companies. The fund invests in all industries. It prefers to invest between $10 million and $50 million and can invest more or less in companies with EBITDA or operating cash flow between $10 million and $50 million.

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