Silver Capital Management buys $309,431 stake in Blackrock Capital Investment Corp (BKCC)

Blackrock Capital Investment Corp (BKCC) : Silver Capital Management scooped up 590 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 Aug 3, 2016. The investment management firm now holds a total of 36,969 shares of Blackrock Capital Investment Corp which is valued at $309,431.Blackrock Capital Investment Corp makes up approximately 1.39% of Silver Capital Management’s portfolio.

Other Hedge Funds, Including , Taylor Frigon Capital Management boosted its stake in BKCC in the latest quarter, The investment management firm added 1,660 additional shares and now holds a total of 92,720 shares of Blackrock Capital Investment Corp which is valued at $776,066. Blackrock Capital Investment Corp makes up approx 0.78% of Taylor Frigon Capital Management’s portfolio.Essex Financial Services reduced its stake in BKCC by selling 3,483 shares or 3.21% in the most recent quarter. The Hedge Fund company now holds 105,016 shares of BKCC which is valued at $877,934. Blackrock Capital Investment Corp makes up approx 0.21% of Essex Financial Services’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 $307,472. Blackrock Capital Investment Corp makes up approx 0.03% of Foundry Partners’s portfolio.Cutler Group Lp boosted its stake in BKCC in the latest quarter, The investment management firm added 3,505 additional shares and now holds a total of 8,006 shares of Blackrock Capital Investment Corp which is valued at $64,128.

Blackrock Capital Investment Corp closed down -0.04 points or -0.47% at $8.4 with 1,97,621 shares getting traded on Monday. Post opening the session at $8.4, the shares hit an intraday low of $8.4 and an intraday high of $8.44 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Blackrock Capital Investment Corp reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.25.Analysts expectations of $ 31.04.During the same quarter in the previous year, the company posted $0.23 EPS.

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.

Leave a Reply

Blackrock Capital Investment Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Blackrock Capital Investment Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.