Fidus Investment Co. (NASDAQ:FDUS) Stock Holdings Trimmed by Level Four Advisory Services LLC

Level Four Advisory Services LLC lessened its position in shares of Fidus Investment Co. (NASDAQ:FDUS) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,314 shares of the asset manager’s stock after selling 1,344 shares during the period. Level Four Advisory Services LLC owned about 0.10% of Fidus Investment worth $742,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. D.A. Davidson & CO. lifted its position in shares of Fidus Investment by 4.0% in the 3rd quarter. D.A. Davidson & CO. now owns 26,898 shares of the asset manager’s stock worth $527,000 after buying an additional 1,031 shares during the last quarter. Truist Financial Corp grew its position in shares of Fidus Investment by 2.7% during the fourth quarter. Truist Financial Corp now owns 47,820 shares of the asset manager’s stock worth $1,005,000 after acquiring an additional 1,261 shares during the last quarter. Optimum Investment Advisors lifted its position in Fidus Investment by 8.3% in the 4th quarter. Optimum Investment Advisors now owns 18,755 shares of the asset manager’s stock valued at $394,000 after purchasing an additional 1,430 shares during the last quarter. PFG Advisors boosted its stake in Fidus Investment by 1.0% during the 4th quarter. PFG Advisors now owns 183,047 shares of the asset manager’s stock valued at $3,848,000 after purchasing an additional 1,875 shares during the period. Finally, Cornerstone Wealth Management LLC grew its position in Fidus Investment by 10.2% in the 4th quarter. Cornerstone Wealth Management LLC now owns 21,426 shares of the asset manager’s stock worth $450,000 after purchasing an additional 1,989 shares during the last quarter. Institutional investors and hedge funds own 28.14% of the company’s stock.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH cut Fidus Investment from a “strong-buy” rating to a “hold” rating in a report on Friday, March 7th.

Fidus Investment Stock Performance

NASDAQ:FDUS opened at $20.56 on Monday. The stock has a market cap of $697.29 million, a price-to-earnings ratio of 7.34 and a beta of 1.39. Fidus Investment Co. has a 1 year low of $18.41 and a 1 year high of $23.55. The business has a fifty day moving average of $22.15 and a 200-day moving average of $20.98.

Fidus Investment Announces Dividend

The business also recently announced a — dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 20th were given a $0.11 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 7.4%. Fidus Investment’s dividend payout ratio is presently 71.37%.

Fidus Investment 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.