Muzinich & Co. Inc. Boosts Stock Holdings in Fidus Investment Co. (NASDAQ:FDUS)

Muzinich & Co. Inc. lifted its position in Fidus Investment Co. (NASDAQ:FDUS) by 14.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 82,955 shares of the asset manager’s stock after acquiring an additional 10,312 shares during the quarter. Fidus Investment comprises approximately 1.1% of Muzinich & Co. Inc.’s portfolio, making the stock its 23rd largest holding. Muzinich & Co. Inc.’s holdings in Fidus Investment were worth $1,744,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FDUS. McIlrath & Eck LLC bought a new stake in Fidus Investment in the 3rd quarter worth about $59,000. Farther Finance Advisors LLC grew its holdings in shares of Fidus Investment by 23.6% in the third quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock valued at $146,000 after acquiring an additional 1,426 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of Fidus Investment during the fourth quarter valued at approximately $203,000. Paloma Partners Management Co purchased a new position in Fidus Investment in the third quarter worth $268,000. Finally, Fiduciary Alliance LLC bought a new position in Fidus Investment in the 4th quarter valued at $274,000. Hedge funds and other institutional investors own 28.14% of the company’s stock.

Fidus Investment Price Performance

NASDAQ FDUS opened at $22.75 on Thursday. The business’s fifty day moving average is $21.92 and its 200-day moving average is $20.71. The stock has a market capitalization of $771.57 million, a price-to-earnings ratio of 8.13 and a beta of 1.39. Fidus Investment Co. has a one year low of $18.41 and a one year high of $23.55.

Fidus Investment Announces Dividend

The business also recently declared a — dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 7.4%. Fidus Investment’s payout ratio is currently 61.43%.

Fidus Investment Company Profile

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.