AE Wealth Management LLC Invests $464,000 in Fidus Investment Co. (NASDAQ:FDUS)

AE Wealth Management LLC purchased new shares in Fidus Investment Co. (NASDAQ: FDUS – Get Rating) in the third quarter, according to its latest Form 13F filed with the Securities and Exchange Commission. Institutional investors purchased 27,023 shares of the asset manager’s stock valued at approximately $464,000. AE Wealth Management LLC owned his 0.11% interest in Fidus Investment at the end of the most recent reporting period.

Other hedge funds have also changed their stakes in the company. Chilton Capital Management LLC said in the second quarter he purchased a new position in Fidus Investment for approximately $31,000. JPMorgan Chase & Co. acquired a new position worth his $50,000 at Fidus Investment in the second quarter. Captrust Financial Advisors won a new position in Fidus Investments worth $108,000 in the second quarter. Belpointe Asset Management LLC increased its stake in Fidus Investment by 9.9% in the second quarter. Belpointe Asset Management LLC owns 8,265 shares of the asset manager’s stock valued at $144,000 after purchasing an additional 747 of his shares during the previous quarter. Finally, Cambridge Investment Research Advisors Inc. secured a new position worth $180,000 in Fidus Investment in the second quarter. 18.97% of the shares are owned by institutional investors and hedge funds.

Analyst upgrades and downgrades

Many equity analysts give the company weight. B. Riley undertook coverage of his Fidus Investment in a research note on Friday, October 14th. They set a ‘buy’ rating and a price target of $18.00. covered Fidus Investment in its investigative report on Wednesday, October 12th. They issued a “Hold” rating on the stock. Three analysts rated the stock with a holding rating and two assigned a buy rating to the company’s stock. Based on MarketBeat data, the consensus rating for this stock is ‘Hold’, with an average target price of $19.50 for him.

Fidus Investment Trading Down 0.5 %

Fidus Investment shares opened at $19.76 on Monday. Fidus Investment Co. has a 12-month low of $16.40 and a 12-month high of $21.25. The stock has a 50-day moving average of $19.59 and a 200-day moving average of $19.01. The stock has a market cap of $482.88 million, a price/earnings ratio of 5.92 and a beta of 1.50.

Fidus Investment (NASDAQ:FDUS – Get Rating) announced its final results on Thursday, November 3rd. The asset manager reported his earnings per share (EPS) of $0.51 for the quarter, $0.09 above analyst consensus expectations of $0.42. Fidus Investment’s return on equity was 9.36% and net profit margin was 93.14%. The business had revenue of $24.99 million for the quarter, compared to consensus expectations of $22.33 million. Equity analysts expect Fidus Investment Co. to post earnings of 1.89 per share for the current year.

Fidus Investment Dividend Notice

The company recently announced its quarterly dividend, which was paid out on Friday, December 16th. A dividend of $0.36 per share was issued to shareholders of record on Friday, December 2nd. This represents his $1.44 dividend and his 7.29% dividend yield on an annualized basis. The ex-dividend date was Thursday, December 1. Fidus Investment has a dividend payout ratio (DPR) of 43.11%.

Fidus Investment Company Profile

(get rating)

Fidus Investment Corporation is a business development company. Leveraged buyouts, refinancings, changes in ownership transactions, recapitalizations, strategic acquisitions, mezzanines, growth capital, business expansions, lower middle market investments, debt investments, subordinated and second lien loans, senior secured Specializes in debt and unitranche debt, preferred stock and warrants. , subordinated debt, senior subordinated debt, junior secured loans, unitranche loans.

Related item

Want to know which other hedge funds hold FDUS? Visit to get the latest Fidus Investment Co. (NASDAQ:FDUS – Get Rating) 13F filings and insider trading.

Fidus Investment (NASDAQ:FDUS) Quarterly Institutional Ownership

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