John McGlinn increased his holding by 4.79% to a total of $6.55.
Based on Capitala Finance`s latest earnings report from March 31, the company posted quarterly revenue of $14.04M and quarterly net profit of $9.87M. In comparison, last year the company earned revenue of $12.53M and had a net profit of $6.21M. The company has a one year high of $18.19 and a one year low of $14.20. CPTA’s market cap is $243M and the company has a P/E ratio of 36%.
Starting in October 2013, CPTA received 16 Buy ratings in a row. Four different firms, including Deutsche Bank and MLV & Co., currently also have a Buy rating on the stock.
Looking at blogger coverage of CPTA, there is a 66% Bullish tendency on the stock, in relation to a 69% average bullish tendency within the Financial sector.
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.