Fidus Investment Corp Sentiment Increases on Better Stock Potential

June 19, 2018 - By Henry Gaston

Sentiment for Fidus Investment Corp (NASDAQ:FDUS)

Fidus Investment Corp (NASDAQ:FDUS) institutional sentiment increased to 1.48 in Q1 2018. Its up 0.36, from 1.12 in 2017Q4. The ratio has increased, as 31 investment managers increased and started new stock positions, while 21 decreased and sold holdings in Fidus Investment Corp. The investment managers in our partner’s database now hold: 6.73 million shares, down from 7.12 million shares in 2017Q4. Also, the number of investment managers holding Fidus Investment Corp in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 12 Increased: 19 New Position: 12.

Fidus Investment Corporation is a business development firm 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. The company has market cap of $348.11 million. It does not invest in turnarounds or distressed situations. It has a 6.92 P/E ratio. The fund prefers to invest in aerospace and defense, business services, consumer services and products including retail, food, and beverage, healthcare services and products, industrial services and products, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors.

The stock increased 0.07% or $0.01 during the last trading session, reaching $14.23. About 57,223 shares traded. Fidus Investment Corporation (NASDAQ:FDUS) has declined 15.29% since June 19, 2017 and is downtrending. It has underperformed by 27.86% the S&P500.

Analysts await Fidus Investment Corporation (NASDAQ:FDUS) to report earnings on August, 2. They expect $0.35 earnings per share, down 10.26 % or $0.04 from last year’s $0.39 per share. FDUS’s profit will be $8.56 million for 10.16 P/E if the $0.35 EPS becomes a reality. After $0.36 actual earnings per share reported by Fidus Investment Corporation for the previous quarter, Wall Street now forecasts -2.78 % negative EPS growth.

Stepstone Group Lp holds 2.46% of its portfolio in Fidus Investment Corporation for 260,105 shares. West Family Investments Inc. owns 603,824 shares or 2.06% of their US portfolio. Moreover, Muzinich & Co. Inc. has 1.13% invested in the company for 523,348 shares. The North Carolina-based Novare Capital Management Llc has invested 0.79% in the stock. Buckhead Capital Management Llc, a Georgia-based fund reported 111,265 shares.

Since January 1, 0001, it had 1 insider buy, and 0 sales for $91,700 activity.

Fidus Investment Corporation (NASDAQ:FDUS) Ratings Coverage

Ratings analysis reveals 50% of Fidus Investment Corporation’s analysts are positive. Out of 2 Wall Street analysts rating Fidus Investment Corporation, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $15.0 while the high is $1600. The stock’s average target of $15.50 is 8.92% above today’s ($14.23) share price. FDUS was included in 2 notes of analysts from February 16, 2018. Ladenburg initiated the shares of FDUS in report on Friday, February 16 with “Buy” rating. The firm earned “Hold” rating on Sunday, April 22 by Keefe Bruyette & Woods.

Another recent and important Fidus Investment Corporation (NASDAQ:FDUS) news was published by Seekingalpha.com which published an article titled: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” on May 30, 2018.

Fidus Investment Corporation (NASDAQ:FDUS) Institutional Positions Chart

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