150,000 Shares in First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) Acquired by Nicola Wealth Management LTD.

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Nicola Wealth Management LTD. bought a new stake in shares of First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 150,000 shares of the company’s stock, valued at approximately $372,000. Nicola Wealth Management LTD. owned approximately 0.50% of First Eagle Alternative Capital BDC at the end of the most recent reporting period.

Separately, Crescent Grove Advisors LLC purchased a new position in shares of First Eagle Alternative Capital BDC in the third quarter valued at $79,000. Institutional investors own 32.48% of the company’s stock.

NASDAQ FCRD opened at $3.16 on Tuesday. The company has a fifty day moving average price of $2.69. The firm has a market cap of $95.14 million, a PE ratio of -1.74 and a beta of 1.51. First Eagle Alternative Capital BDC, Inc. has a 52 week low of $1.56 and a 52 week high of $6.89. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.40 and a quick ratio of 0.40.

First Eagle Alternative Capital BDC (NASDAQ:FCRD) last posted its quarterly earnings results on Monday, November 9th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). First Eagle Alternative Capital BDC had a positive return on equity of 6.45% and a negative net margin of 161.21%. As a group, equities research analysts forecast that First Eagle Alternative Capital BDC, Inc. will post 0.37 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 12.66%. The ex-dividend date is Monday, December 14th. First Eagle Alternative Capital BDC’s dividend payout ratio (DPR) is currently 45.98%.

FCRD has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on First Eagle Alternative Capital BDC from $3.00 to $3.25 and gave the stock a “hold” rating in a research report on Monday, August 17th. Zacks Investment Research lowered First Eagle Alternative Capital BDC from a “hold” rating to a “sell” rating in a research report on Friday, October 30th. ValuEngine raised First Eagle Alternative Capital BDC from a “sell” rating to a “hold” rating in a research report on Thursday, October 29th. Finally, Raymond James restated a “hold” rating on shares of First Eagle Alternative Capital BDC in a report on Thursday, August 6th.

First Eagle Alternative Capital BDC Profile

THL Credit, Inc is a business development company specializing in direct and fund of fund investments. The fund seeks to invest in debt and equity securities of middle market companies. It seeks to invest in PIPES, growth, acquisition, market or product expansion, recapitalization, mature, and change of control transactions in both sponsored and unsponsored issuers.

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Institutional Ownership by Quarter for First Eagle Alternative Capital BDC (NASDAQ:FCRD)

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