Fidus Investment Corp (NASDAQ:FDUS)‘s stock had its “hold” rating restated by research analysts at Keefe, Bruyette & Woods in a note issued to investors on Tuesday. They currently have a $18.00 price objective on the asset manager’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 0.90% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on the company. Robert W. Baird cut Fidus Investment Corp from an “outperform” rating to a “neutral” rating and set a $17.00 price target for the company. in a report on Monday, January 9th. Zacks Investment Research upgraded Fidus Investment Corp from a “sell” rating to a “hold” rating in a report on Tuesday, March 7th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $17.50.

Shares of Fidus Investment Corp (NASDAQ:FDUS) opened at 17.84 on Tuesday. The stock has a 50 day moving average of $17.28 and a 200-day moving average of $16.39. Fidus Investment Corp has a 52 week low of $14.33 and a 52 week high of $18.18. The stock has a market cap of $400.44 million, a PE ratio of 7.85 and a beta of 1.06.

Fidus Investment Corp (NASDAQ:FDUS) last released its quarterly earnings results on Thursday, March 2nd. The asset manager reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The business earned $17.28 million during the quarter, compared to analysts’ expectations of $15.22 million. Fidus Investment Corp had a return on equity of 9.49% and a net margin of 63.35%. Equities research analysts predict that Fidus Investment Corp will post $1.57 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 24th. Investors of record on Friday, March 10th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.74%. The ex-dividend date was Wednesday, March 8th. Fidus Investment Corp’s dividend payout ratio (DPR) is 73.24%.

ILLEGAL ACTIVITY NOTICE: “Fidus Investment Corp (FDUS) Given Hold Rating at Keefe, Bruyette & Woods” was originally reported by Marea Informative and is owned by of Marea Informative. If you are accessing this report on another publication, it was copied illegally and republished in violation of United States and international copyright and trademark legislation. The original version of this report can be read at http://www.mareainformativa.com/fidus-investment-corp-fdus-clasificacion-reitero-keefe-bruyette-woods/108747/.

A number of large investors have recently bought and sold shares of FDUS. Muzinich & Co. Inc. raised its stake in Fidus Investment Corp by 64.1% in the third quarter. Muzinich & Co. Inc. now owns 171,076 shares of the asset manager’s stock worth $2,694,000 after buying an additional 66,835 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its stake in Fidus Investment Corp by 71.1% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 55,936 shares of the asset manager’s stock worth $880,000 after buying an additional 23,235 shares in the last quarter. Advisors Asset Management Inc. raised its stake in Fidus Investment Corp by 18.9% in the third quarter. Advisors Asset Management Inc. now owns 482,582 shares of the asset manager’s stock worth $7,601,000 after buying an additional 76,688 shares in the last quarter. BB&T Securities LLC raised its stake in Fidus Investment Corp by 3.1% in the third quarter. BB&T Securities LLC now owns 53,880 shares of the asset manager’s stock worth $848,000 after buying an additional 1,610 shares in the last quarter. Finally, Two Sigma Securities LLC bought a new stake in Fidus Investment Corp during the third quarter worth about $204,000. 21.20% of the stock is currently owned by institutional investors.

Fidus Investment Corp Company Profile

Fidus Investment Corporation is a business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments.

5 Day Chart for NASDAQ:FDUS

Receive News & Stock Ratings for Fidus Investment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidus Investment Corp and related stocks with our FREE daily email newsletter.