12,053 Shares in Fidus Investment Co. (NASDAQ:FDUS) Acquired by Sage Investment Counsel LLC

Sage Investment Counsel LLC bought a new position in shares of Fidus Investment Co. (NASDAQ:FDUS) in the 4th quarter, Holdings Channel reports. The fund bought 12,053 shares of the asset manager’s stock, valued at approximately $253,000.

Other large investors have also added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in Fidus Investment by 37.0% during the third quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock worth $2,269,000 after purchasing an additional 31,426 shares during the period. Farther Finance Advisors LLC grew its stake in 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 during the period. Van ECK Associates Corp grew its stake in Fidus Investment by 11.5% in the third quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager’s stock valued at $15,808,000 after acquiring an additional 83,538 shares during the period. Columbus Macro LLC acquired a new stake in Fidus Investment in the fourth quarter valued at approximately $5,610,000. Finally, Capital Advisory Group Advisory Services LLC grew its stake in Fidus Investment by 22.9% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 77,177 shares of the asset manager’s stock valued at $1,622,000 after acquiring an additional 14,362 shares during the period. Institutional investors and hedge funds own 28.14% of the company’s stock.

Fidus Investment Stock Performance

Shares of Fidus Investment stock opened at $23.29 on Friday. Fidus Investment Co. has a 52 week low of $18.41 and a 52 week high of $23.55. The stock has a 50 day moving average price of $21.97 and a two-hundred day moving average price of $20.73. The stock has a market capitalization of $789.88 million, a PE ratio of 8.32 and a beta of 1.39.

Fidus Investment Dividend Announcement

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

About Fidus Investment

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.