News headlines about Capitala Finance (NASDAQ:CPTA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capitala Finance earned a coverage optimism score of 0.00 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 44.3201208510642 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- CAPITALA FINANCE LEAD PLAINTIFF ALERT: Faruqi & Faruqi, LLP … – GuruFocus.com (gurufocus.com)
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Capitala Finance Corporation of Class Action Lawsuit and Upcoming Deadline (finance.yahoo.com)
- Capitala Finance Corp. Reminder: Important February 26, 2018 Lead Plaintiff Deadline in Class Action- CPTA (finance.yahoo.com)
- DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Capitala Finance Corp. And Reminds Investors To Contact The Firm (finance.yahoo.com)
- The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Capitala Finance Corp. Shareholders and a Lead Plaintiff Deadline of February 26, 2018 (CPTA) (finance.yahoo.com)
Shares of Capitala Finance (CPTA) traded down $0.13 during mid-day trading on Friday, hitting $7.33. 121,545 shares of the stock were exchanged, compared to its average volume of 139,930. The company has a debt-to-equity ratio of 1.29, a quick ratio of 21.58 and a current ratio of 21.58. The company has a market cap of $116.81, a PE ratio of 66.64 and a beta of 1.01. Capitala Finance has a 12 month low of $7.12 and a 12 month high of $14.65.
The company also recently announced a monthly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 20th will be issued a $0.0833 dividend. The ex-dividend date is Friday, February 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 13.64%. Capitala Finance’s payout ratio is 909.09%.
Several equities analysts have recently issued reports on CPTA shares. ValuEngine lowered shares of Capitala Finance from a “buy” rating to a “hold” rating in a report on Monday, November 20th. Zacks Investment Research raised shares of Capitala Finance from a “strong sell” rating to a “hold” rating in a report on Friday, November 17th. Jefferies Group lowered shares of Capitala Finance from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $9.50 target price on shares of Capitala Finance in a research note on Friday, November 10th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $13.50.
In other Capitala Finance news, insider Joseph B. Alala III bought 89,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were purchased at an average price of $7.77 per share, for a total transaction of $691,530.00. Following the transaction, the insider now directly owns 9,611 shares in the company, valued at approximately $74,677.47. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Larry W. Carroll purchased 10,000 shares of Capitala Finance stock in a transaction that occurred on Thursday, December 21st. The shares were purchased at an average price of $7.50 per share, for a total transaction of $75,000.00. Following the transaction, the director now directly owns 130,000 shares in the company, valued at approximately $975,000. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 119,520 shares of company stock worth $922,892. Insiders own 8.40% of the company’s stock.
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About Capitala Finance
Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
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