Muzinich buys $9,737,614 stake in Blackrock Capital Investment Corp (BKCC)

Blackrock Capital Investment Corp (BKCC) : Muzinich scooped up 153,315 additional shares in Blackrock Capital Investment Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 1,025,012 shares of Blackrock Capital Investment Corp which is valued at $9,737,614.Blackrock Capital Investment Corp makes up approximately 4.27% of Muzinich’s portfolio.

Blackrock Capital Investment Corp opened for trading at $9.5 and hit $9.55 on the upside on Monday, eventually ending the session at $9.51, with a gain of 0.11% or 0.01 points. The heightened volatility saw the trading volume jump to 1,53,042 shares. Company has a market cap of $693 M.

Other Hedge Funds, Including , Integrated Investment Consultants added BKCC to its portfolio by purchasing 1,500 company shares during the most recent quarter which is valued at $14,250. Blackrock Capital Investment Corp makes up approx 0.01% of Integrated Investment Consultants’s portfolio.Creative Planning reduced its stake in BKCC by selling 18,100 shares or 47.57% in the most recent quarter. The Hedge Fund company now holds 19,947 shares of BKCC which is valued at $189,497.Eqis Capital Management reduced its stake in BKCC by selling 7,089 shares or 15.35% in the most recent quarter. The Hedge Fund company now holds 39,100 shares of BKCC which is valued at $371,450. Blackrock Capital Investment Corp makes up approx 0.03% of Eqis Capital Management’s portfolio.Foundry Partners boosted its stake in BKCC in the latest quarter, The investment management firm added 486 additional shares and now holds a total of 38,386 shares of Blackrock Capital Investment Corp which is valued at $364,667. Blackrock Capital Investment Corp makes up approx 0.04% of Foundry Partners’s portfolio.

On the company’s financial health, Blackrock Capital Investment Corp reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Mar 9, 2016. Analyst had a consensus of $0.23. The company had revenue of $31.80 million for the quarter, compared to analysts expectations of $36.16 million. The company’s revenue was down -16.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.26 EPS.

Many Wall Street Analysts have commented on Blackrock Capital Investment Corp. Blackrock Capital Investment Corp was Downgraded by Keefe Bruyette to ” Mkt Perform” on Feb 19, 2016.

BlackRock Capital Investment Corporation formerly BlackRock Kelso Capital Corporation is a private equity company that is externally-managed non-diversified closed-end management investment company that provides middle-market companies with flexible financing solutions including senior and junior secured unsecured and subordinated debt securities and loans and equity securities. The Company invests primarily in middle-market companies with annual revenues typically between $50 million and $1 billion and targets investments throughout the capital structure. The investment activities of the Company are managed by the BlackRock Kelso Capital Advisors (Advisor) which is responsible for sourcing potential investments.

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