GSA Capital Partners LLP increased its position in Capitala Finance Corp (NASDAQ:CPTA) by 147.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,200 shares of the investment management companys stock after buying an additional 19,200 shares during the period. GSA Capital Partners LLPs holdings in Capitala Finance Corp were worth $416,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of CPTA. Armor Investment Advisors LLC bought a new stake in Capitala Finance Corp during the fourth quarter worth approximately $398,000. Susquehanna International Group LLP boosted its stake in Capitala Finance Corp by 42.3% in the third quarter. Susquehanna International Group LLP now owns 43,785 shares of the investment management companys stock worth $574,000 after buying an additional 13,010 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in Capitala Finance Corp during the third quarter valued at approximately $869,000. Sumitomo Mitsui Asset Management Company LTD boosted its stake in Capitala Finance Corp by 9.3% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 84,594 shares of the investment management companys stock valued at $1,109,000 after buying an additional 7,233 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Capitala Finance Corp during the fourth quarter valued at approximately $1,131,000. Hedge funds and other institutional investors own 25.78% of the companys stock.
Capitala Finance Corp (NASDAQ:CPTA) opened at 14.04 on Thursday. The stock has a 50 day moving average price of $14.15 and a 200 day moving average price of $13.43. The firm has a market capitalization of $222.93 million, a price-to-earnings ratio of 24.25 and a beta of 1.08. Capitala Finance Corp has a 1-year low of $11.51 and a 1-year high of $15.80.
Capitala Finance Corp (NASDAQ:CPTA) last announced its quarterly earnings data on Tuesday, March 7th. The investment management company reported $0.43 EPS for the quarter, topping the Zacks consensus estimate of $0.39 by $0.04. Capitala Finance Corp had a positive return on equity of 11.51% and a negative net margin of 11.51%. Analysts predict that Capitala Finance Corp will post $1.62 EPS for the current year.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 27th. Shareholders of record on Wednesday, April 19th will be given a $0.13 dividend. The ex-dividend date of this dividend is Monday, April 17th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.11%. Capitala Finance Corps dividend payout ratio is currently -305.88%.
Several research firms have commented on CPTA. TheStreet upgraded Capitala Finance Corp from a c rating to a b- rating in a report on Friday, April 7th. Zacks Investment Research upgraded Capitala Finance Corp from a strong sell rating to a hold rating in a report on Tuesday, January 10th. FBR & Co restated a hold rating and issued a $14.00 price target on shares of Capitala Finance Corp in a report on Friday, March 10th. Finally, Jefferies Group LLC restated a buy rating and issued a $17.00 price target on shares of Capitala Finance Corp in a report on Wednesday, March 8th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $15.31.
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