Ladenburg Thalmann Financial Services Inc. Has $502,000 Holdings in Kohlberg Capital Co. (KCAP)

Ladenburg Thalmann Financial Services Inc. lessened its holdings in shares of Kohlberg Capital Co. (NASDAQ:KCAP) by 9.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 147,200 shares of the financial services provider’s stock after selling 16,000 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned about 0.39% of Kohlberg Capital worth $502,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in KCAP. Macquarie Group Ltd. acquired a new position in Kohlberg Capital during the 3rd quarter worth $125,000. Citadel Advisors LLC boosted its position in Kohlberg Capital by 55.8% during the 3rd quarter. Citadel Advisors LLC now owns 41,545 shares of the financial services provider’s stock worth $152,000 after acquiring an additional 14,879 shares during the period. Ares Management LLC boosted its position in Kohlberg Capital by 8.3% during the 4th quarter. Ares Management LLC now owns 324,778 shares of the financial services provider’s stock worth $1,107,000 after acquiring an additional 25,000 shares during the period. Finally, Private Management Group Inc. boosted its position in Kohlberg Capital by 53.0% during the 4th quarter. Private Management Group Inc. now owns 1,637,110 shares of the financial services provider’s stock worth $5,583,000 after acquiring an additional 566,865 shares during the period. Institutional investors own 23.21% of the company’s stock.

How to Become a New Pot Stock Millionaire

KCAP opened at $3.15 on Friday. Kohlberg Capital Co. has a one year low of $2.91 and a one year high of $4.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a market capitalization of $121.40, a PE ratio of 10.50 and a beta of 1.51.

Kohlberg Capital (NASDAQ:KCAP) last posted its quarterly earnings data on Wednesday, March 7th. The financial services provider reported $0.07 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.01). Kohlberg Capital had a return on equity of 5.90% and a net margin of 11.99%. The firm had revenue of $6.58 million during the quarter. research analysts forecast that Kohlberg Capital Co. will post 0.29 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 27th. Stockholders of record on Friday, April 6th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.70%. The ex-dividend date of this dividend is Thursday, April 5th. Kohlberg Capital’s dividend payout ratio is presently 133.33%.

Separately, Zacks Investment Research downgraded Kohlberg Capital from a “hold” rating to a “sell” rating in a research note on Thursday, March 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $7.75.

TRADEMARK VIOLATION NOTICE: “Ladenburg Thalmann Financial Services Inc. Has $502,000 Holdings in Kohlberg Capital Co. (KCAP)” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3337441/ladenburg-thalmann-financial-services-inc-has-502000-holdings-in-kohlberg-capital-co-kcap.html.

Kohlberg Capital Profile

KCAP Financial, Inc is a business development company specializing in investments in debt securities portfolio, asset manager affiliates, and CLO fund securities. The firm prefers to invest in senior secured term loans, mezzanine debt, and equity securities primarily in privately-held middle market companies.

Want to see what other hedge funds are holding KCAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohlberg Capital Co. (NASDAQ:KCAP).

Institutional Ownership by Quarter for Kohlberg Capital (NASDAQ:KCAP)

Receive News & Ratings for Kohlberg Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohlberg Capital and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Head-To-Head Comparison: COBHAM  and BAE Systems
Head-To-Head Comparison: COBHAM and BAE Systems
Analysts Expect Alkermes Plc  Will Announce Earnings of -$0.08 Per Share
Analysts Expect Alkermes Plc Will Announce Earnings of -$0.08 Per Share
Contrasting Highwoods Properties  & Equity Residential
Contrasting Highwoods Properties & Equity Residential
Blakecoin Trading 21.2% Higher  Over Last 7 Days
Blakecoin Trading 21.2% Higher Over Last 7 Days
Trinity Network Credit Price Reaches $0.13 on Exchanges
Trinity Network Credit Price Reaches $0.13 on Exchanges
Aeron  Achieves Market Cap of $18.83 Million
Aeron Achieves Market Cap of $18.83 Million


Leave a Reply

© 2006-2018 Ticker Report. Google+.