Fidus Investment Co. (NASDAQ:FDUS) Shares Bought by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC lifted its holdings in shares of Fidus Investment Co. (NASDAQ:FDUS) by 22.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 77,177 shares of the asset manager’s stock after buying an additional 14,362 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in Fidus Investment were worth $1,622,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Columbus Macro LLC bought a new position in shares of Fidus Investment in the fourth quarter valued at approximately $5,610,000. Van ECK Associates Corp grew its holdings in shares of Fidus Investment by 11.5% during the third quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager’s stock valued at $15,808,000 after buying an additional 83,538 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Fidus Investment in the third quarter worth approximately $683,000. Riverbridge Partners LLC acquired a new stake in shares of Fidus Investment during the 4th quarter valued at $716,000. Finally, Franklin Resources Inc. increased its position in Fidus Investment by 37.0% in the 3rd 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 last quarter. Institutional investors and hedge funds own 28.14% of the company’s stock.

Fidus Investment Price Performance

Fidus Investment stock opened at $23.24 on Friday. The company’s fifty day moving average price is $21.74 and its two-hundred day moving average price is $20.60. Fidus Investment Co. has a one year low of $18.41 and a one year high of $23.55. The company has a market capitalization of $788.30 million, a price-to-earnings ratio of 8.30 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 paid a dividend of $0.11 per share. This represents a yield of 7.4%. The ex-dividend date of this dividend is Thursday, March 20th. 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.