Eagle Point Credit Company Inc. (NYSE:ECC) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its holdings in shares of Eagle Point Credit Company Inc. (NYSE:ECCFree Report) by 16.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,286 shares of the investment management company’s stock after purchasing an additional 8,991 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.11% of Eagle Point Credit worth $632,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ECC. Tower Research Capital LLC TRC increased its position in shares of Eagle Point Credit by 492.3% in the third quarter. Tower Research Capital LLC TRC now owns 2,843 shares of the investment management company’s stock worth $31,000 after purchasing an additional 2,363 shares during the last quarter. Money Concepts Capital Corp bought a new position in shares of Eagle Point Credit in the fourth quarter worth approximately $50,000. Black Swift Group LLC increased its position in shares of Eagle Point Credit by 970.9% in the third quarter. Black Swift Group LLC now owns 972,370 shares of the investment management company’s stock worth $96,000 after purchasing an additional 881,570 shares during the last quarter. Summitry LLC bought a new position in shares of Eagle Point Credit in the second quarter worth approximately $102,000. Finally, UBS Group AG increased its position in shares of Eagle Point Credit by 20.8% in the second quarter. UBS Group AG now owns 9,066 shares of the investment management company’s stock worth $106,000 after purchasing an additional 1,559 shares during the last quarter. 26.44% of the stock is owned by hedge funds and other institutional investors.

Eagle Point Credit Stock Up 0.1 %

Shares of NYSE ECC opened at $10.08 on Wednesday. Eagle Point Credit Company Inc. has a one year low of $8.60 and a one year high of $11.79. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.63 and a quick ratio of 2.63. The firm’s 50 day simple moving average is $9.71 and its two-hundred day simple moving average is $9.86. The stock has a market capitalization of $554.59 million, a P/E ratio of 6.38 and a beta of 0.79.

Eagle Point Credit (NYSE:ECCGet Free Report) last issued its quarterly earnings results on Tuesday, November 14th. The investment management company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). Eagle Point Credit had a net margin of 74.56% and a return on equity of 14.49%. The business had revenue of $36.03 million for the quarter, compared to the consensus estimate of $34.45 million. As a group, analysts expect that Eagle Point Credit Company Inc. will post 1.37 EPS for the current fiscal year.

Eagle Point Credit Profile

(Free Report)

Eagle Point Credit Company Inc is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S.

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Institutional Ownership by Quarter for Eagle Point Credit (NYSE:ECC)

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