Media headlines about ALCENTRA Cap Co/SH (NASDAQ:ABDC) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ALCENTRA Cap Co/SH earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 46.1893938135331 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts recently weighed in on ABDC shares. ValuEngine cut ALCENTRA Cap Co/SH from a “buy” rating to a “hold” rating in a research report on Thursday, March 15th. Keefe, Bruyette & Woods set a $7.00 price objective on ALCENTRA Cap Co/SH and gave the stock a “hold” rating in a research report on Thursday, March 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. ALCENTRA Cap Co/SH presently has an average rating of “Hold” and an average price target of $12.00.
ALCENTRA Cap Co/SH traded up $0.01, hitting $6.79, on Thursday, according to MarketBeat Ratings. 400 shares of the stock traded hands, compared to its average volume of 79,769. ALCENTRA Cap Co/SH has a 52 week low of $5.90 and a 52 week high of $13.76. The firm has a market capitalization of $92.25 million, a price-to-earnings ratio of 5.14 and a beta of 0.62.
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 5th. Investors of record on Friday, June 29th will be paid a dividend of $0.18 per share. The ex-dividend date is Thursday, June 28th. This represents a $0.72 annualized dividend and a yield of 10.60%. ALCENTRA Cap Co/SH’s dividend payout ratio is 54.55%.
In other news, insider Branko Krmpotic purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, March 20th. The shares were purchased at an average cost of $6.15 per share, for a total transaction of $61,500.00. Following the completion of the purchase, the insider now directly owns 14,000 shares of the company’s stock, valued at approximately $86,100. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Edward Grebow purchased 5,000 shares of the stock in a transaction that occurred on Thursday, May 10th. The shares were purchased at an average price of $6.47 per share, for a total transaction of $32,350.00. The disclosure for this purchase can be found here. Insiders have purchased 19,750 shares of company stock worth $124,138 over the last 90 days. Corporate insiders own 0.60% of the company’s stock.
About ALCENTRA Cap Co/SH
Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. It provides customized debt and equity financing solutions to lower middle-market companies, which are companies having annual earnings, before interest, taxes, depreciation and amortization of between $5 million and $15 million, and/or revenues of between $10 million and $100 million.
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