Mackenzie Financial Corp Has $732,000 Stock Position in BlackRock Capital Investment Co. (NASDAQ:BKCC)

Mackenzie Financial Corp reduced its stake in BlackRock Capital Investment Co. (NASDAQ:BKCCGet Rating) by 37.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 199,388 shares of the asset manager’s stock after selling 119,928 shares during the quarter. Mackenzie Financial Corp’s holdings in BlackRock Capital Investment were worth $732,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Lazard Asset Management LLC bought a new stake in shares of BlackRock Capital Investment in the 2nd quarter valued at approximately $26,000. CIBC Private Wealth Group LLC bought a new stake in shares of BlackRock Capital Investment in the 2nd quarter valued at approximately $37,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of BlackRock Capital Investment in the 1st quarter valued at approximately $46,000. Ancora Advisors LLC grew its position in BlackRock Capital Investment by 42.4% during the 1st quarter. Ancora Advisors LLC now owns 13,293 shares of the asset manager’s stock worth $45,000 after acquiring an additional 3,960 shares during the last quarter. Finally, Cetera Advisor Networks LLC bought a new position in BlackRock Capital Investment in the 1st quarter valued at $60,000. 20.19% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on BlackRock Capital Investment in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock.

BlackRock Capital Investment Price Performance

Shares of NASDAQ BKCC opened at $3.82 on Friday. The stock has a market capitalization of $277.22 million, a price-to-earnings ratio of 18.19 and a beta of 1.39. The business has a 50-day moving average of $3.67 and a 200-day moving average of $3.80. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.04 and a quick ratio of 2.04. BlackRock Capital Investment Co. has a fifty-two week low of $3.31 and a fifty-two week high of $4.38.

BlackRock Capital Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 6th. Shareholders of record on Friday, December 16th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, December 15th. This represents a $0.40 annualized dividend and a yield of 10.47%. BlackRock Capital Investment’s dividend payout ratio (DPR) is presently 190.48%.

BlackRock Capital Investment Company Profile

(Get Rating)

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

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