Muzinich & Co. Inc. Has $1.74 Million Stock Position in Fidus Investment Co. (NASDAQ:FDUS)

Muzinich & Co. Inc. increased its position in Fidus Investment Co. (NASDAQ:FDUS) by 14.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,955 shares of the asset manager’s stock after buying an additional 10,312 shares during the period. Fidus Investment accounts for approximately 1.1% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 23rd biggest holding. Muzinich & Co. Inc. owned about 0.24% of Fidus Investment worth $1,744,000 at the end of the most recent reporting period.

A number of 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 Fidus Investment in the fourth quarter worth approximately $5,610,000. Van ECK Associates Corp raised its position 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 worth $15,808,000 after purchasing an additional 83,538 shares during the period. Riverbridge Partners LLC bought a new position in shares of Fidus Investment in the 4th quarter worth $716,000. Franklin Resources Inc. grew 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 valued at $2,269,000 after purchasing an additional 31,426 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in Fidus Investment by 9.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 208,166 shares of the asset manager’s stock valued at $4,080,000 after purchasing an additional 17,929 shares in the last quarter. 28.14% of the stock is owned by institutional investors.

Fidus Investment Trading Down 0.8 %

FDUS opened at $22.75 on Thursday. The company has a market cap of $771.57 million, a price-to-earnings ratio of 8.13 and a beta of 1.39. The company’s fifty day moving average price is $21.92 and its two-hundred day moving average price is $20.71. Fidus Investment Co. has a 1-year low of $18.41 and a 1-year high of $23.55.

Fidus Investment Announces Dividend

The business also recently disclosed a — dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 20th will be issued 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 dividend payout ratio is currently 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.