64,760 Shares in SLR Investment Corp. (NASDAQ:SLRC) Purchased by Epiq Partners LLC

Epiq Partners LLC purchased a new stake in SLR Investment Corp. (NASDAQ:SLRC) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 64,760 shares of the financial services provider’s stock, valued at approximately $1,047,000.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in shares of SLR Investment by 1,683.6% in the third quarter. International Assets Investment Management LLC now owns 38,543 shares of the financial services provider’s stock valued at $580,000 after buying an additional 36,382 shares during the last quarter. JPMorgan Chase & Co. increased its position in SLR Investment by 0.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,336,411 shares of the financial services provider’s stock valued at $20,113,000 after acquiring an additional 4,510 shares in the last quarter. Creative Planning bought a new position in shares of SLR Investment in the third quarter worth about $170,000. Jane Street Group LLC lifted its position in shares of SLR Investment by 15.0% during the third quarter. Jane Street Group LLC now owns 15,541 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 2,022 shares in the last quarter. Finally, Dimensional Fund Advisors LP bought a new stake in shares of SLR Investment during the second quarter valued at approximately $786,000. 35.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Wells Fargo & Company boosted their price objective on shares of SLR Investment from $12.50 to $13.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to data from MarketBeat, SLR Investment presently has a consensus rating of “Hold” and a consensus target price of $15.25.

SLR Investment Trading Down 0.1 %

Shares of NASDAQ SLRC opened at $16.67 on Tuesday. The company’s 50 day simple moving average is $16.47 and its 200 day simple moving average is $15.81. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. SLR Investment Corp. has a fifty-two week low of $14.41 and a fifty-two week high of $16.91. The firm has a market capitalization of $909.52 million, a P/E ratio of 9.42 and a beta of 1.13.

SLR Investment (NASDAQ:SLRC) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. SLR Investment had a return on equity of 9.73% and a net margin of 40.89%. The company had revenue of $59.77 million for the quarter, compared to the consensus estimate of $58.48 million. During the same quarter in the prior year, the business posted $0.42 EPS. On average, analysts predict that SLR Investment Corp. will post 1.76 EPS for the current year.

SLR Investment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a $0.41 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 9.84%. SLR Investment’s dividend payout ratio (DPR) is presently 92.66%.

SLR Investment Company Profile

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.