SLR Investment Corp. $SLRC Shares Purchased by Epiq Partners LLC

Epiq Partners LLC increased its stake in shares of SLR Investment Corp. (NASDAQ:SLRC) by 11.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 392,790 shares of the financial services provider’s stock after purchasing an additional 40,830 shares during the period. SLR Investment makes up approximately 2.8% of Epiq Partners LLC’s investment portfolio, making the stock its 13th largest position. Epiq Partners LLC owned 0.72% of SLR Investment worth $6,006,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Garner Asset Management Corp grew its stake in SLR Investment by 30.3% during the 3rd quarter. Garner Asset Management Corp now owns 76,778 shares of the financial services provider’s stock worth $1,229,000 after buying an additional 17,876 shares during the last quarter. Condor Capital Management boosted its stake in shares of SLR Investment by 2.8% during the third quarter. Condor Capital Management now owns 351,469 shares of the financial services provider’s stock worth $5,374,000 after buying an additional 9,649 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of SLR Investment by 0.8% during the third quarter. JPMorgan Chase & Co. now owns 1,342,415 shares of the financial services provider’s stock worth $20,526,000 after buying an additional 11,052 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of SLR Investment by 7.5% in the third quarter. Advisors Asset Management Inc. now owns 188,168 shares of the financial services provider’s stock valued at $2,877,000 after purchasing an additional 13,047 shares during the period. Finally, Flagship Harbor Advisors LLC lifted its stake in shares of SLR Investment by 4.9% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 19,677 shares of the financial services provider’s stock worth $301,000 after acquiring an additional 915 shares during the period. 35.32% of the stock is currently owned by institutional investors and hedge funds.

SLR Investment Trading Down 4.9%

Shares of NASDAQ SLRC opened at $14.42 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.04 and a quick ratio of 1.04. The firm’s 50-day moving average price is $15.15 and its two-hundred day moving average price is $15.45. SLR Investment Corp. has a 52-week low of $13.64 and a 52-week high of $17.94.

SLR Investment (NASDAQ:SLRC) last announced its quarterly earnings results on Tuesday, February 24th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. SLR Investment had a net margin of 42.34% and a return on equity of 8.76%. The company had revenue of $54.46 million during the quarter, compared to the consensus estimate of $54.97 million. On average, research analysts predict that SLR Investment Corp. will post 1.76 earnings per share for the current fiscal year.

SLR Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, March 13th. This represents a $1.64 annualized dividend and a dividend yield of 11.4%. SLR Investment’s payout ratio is currently 96.47%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SLRC. Weiss Ratings restated a “hold (c+)” rating on shares of SLR Investment in a research report on Monday, December 29th. Keefe, Bruyette & Woods reduced their price objective on SLR Investment from $17.00 to $16.50 and set a “market perform” rating on the stock in a research note on Tuesday, November 18th. Raymond James Financial set a $16.00 target price on SLR Investment and gave the company an “outperform” rating in a research note on Wednesday. Finally, Wall Street Zen raised shares of SLR Investment from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $15.89.

SLR Investment Company Profile

SLR Investment Corp. (NASDAQ: SLRC) is a closed‐end, externally managed business development company that provides customized debt and equity financing solutions to middle‐market companies. The firm seeks to generate current income and capital appreciation by investing primarily in senior secured loans, second lien financings, mezzanine debt and equity co‐investments. Its flexible capital approach allows it to structure financing across the capital structure to address a range of sponsor‐backed transactions.

SLR Investment Corp.