Capital Investment Advisory Services LLC Increases Stock Position in Fidus Investment Co. (NASDAQ:FDUS)

Capital Investment Advisory Services LLC increased its position in shares of Fidus Investment Co. (NASDAQ:FDUS) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,631 shares of the asset manager’s stock after buying an additional 7,156 shares during the period. Capital Investment Advisory Services LLC owned 0.19% of Fidus Investment worth $1,380,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in FDUS. NewEdge Advisors LLC lifted its holdings in Fidus Investment by 9.3% during the second quarter. NewEdge Advisors LLC now owns 122,359 shares of the asset manager’s stock valued at $2,384,000 after purchasing an additional 10,364 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Fidus Investment by 18.1% during the second quarter. Cetera Investment Advisers now owns 233,826 shares of the asset manager’s stock valued at $4,555,000 after purchasing an additional 35,861 shares in the last quarter. PFG Advisors lifted its holdings in Fidus Investment by 1.6% during the third quarter. PFG Advisors now owns 181,172 shares of the asset manager’s stock valued at $3,551,000 after purchasing an additional 2,768 shares in the last quarter. Cornerstone Wealth Management LLC lifted its holdings in Fidus Investment by 10.4% during the third quarter. Cornerstone Wealth Management LLC now owns 19,437 shares of the asset manager’s stock valued at $381,000 after purchasing an additional 1,838 shares in the last quarter. Finally, Optimum Investment Advisors lifted its holdings in Fidus Investment by 24.6% during the third quarter. Optimum Investment Advisors now owns 17,325 shares of the asset manager’s stock valued at $340,000 after purchasing an additional 3,425 shares in the last quarter. 28.14% of the stock is owned by hedge funds and other institutional investors.

Fidus Investment Trading Up 0.9 %

NASDAQ:FDUS opened at $22.43 on Friday. The company’s 50-day moving average price is $21.24 and its 200-day moving average price is $20.24. The company has a market cap of $760.83 million, a P/E ratio of 8.01 and a beta of 1.39. Fidus Investment Co. has a twelve month low of $18.41 and a twelve month high of $22.61.

Fidus Investment (NASDAQ:FDUS) last posted its quarterly earnings results on Thursday, October 31st. The asset manager reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04. The firm had revenue of $38.38 million for the quarter, compared to the consensus estimate of $36.43 million. Fidus Investment had a net margin of 60.09% and a return on equity of 12.11%. During the same period last year, the firm posted $0.68 earnings per share. On average, analysts expect that Fidus Investment Co. will post 2.28 earnings per share for the current year.

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.