NBC Securities Inc. raised its position in OFS Capital Co. (NASDAQ:OFS) by 130,533.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,919 shares of the investment management company’s stock after purchasing an additional 3,916 shares during the quarter. NBC Securities Inc.’s holdings in OFS Capital were worth $36,000 as of its most recent SEC filing. \n\nOther large investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its position in OFS Capital by 245.3% in the fourth quarter. Bank of America Corp DE now owns 7,079 shares of the investment management company’s stock valued at $57,000 after purchasing an additional 5,029 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in OFS Capital by 44.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 49,066 shares of the investment management company’s stock valued at $396,000 after purchasing an additional 15,109 shares during the last quarter. Trexquant Investment LP raised its position in OFS Capital by 36.8% in the fourth quarter. Trexquant Investment LP now owns 60,704 shares of the investment management company’s stock valued at $490,000 after purchasing an additional 16,327 shares during the last quarter. Virtus ETF Advisers LLC raised its position in OFS Capital by 15.8% in the fourth quarter. Virtus ETF Advisers LLC now owns 64,344 shares of the investment management company’s stock valued at $519,000 after purchasing an additional 8,784 shares during the last quarter. Finally, Bulldog Investors LLP bought a new position in shares of OFS Capital during the fourth quarter worth about $916,000. 10.81% of the stock is currently owned by institutional investors. \n\nSeparately, Wall Street Zen downgraded OFS Capital from a “buy” rating to a “hold” rating in a research report on Monday, May 5th.\n\nShares of OFS opened at $8.99 on Friday. OFS Capital Co. has a 1 year low of $7.75 and a 1 year high of $10.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.12 and a quick ratio of 0.12. The company has a market capitalization of $120.47 million, a price-to-earnings ratio of -99.88 and a beta of 1.31. The business has a 50-day moving average of $8.55 and a 200-day moving average of $8.49. \n\nOFS Capital (NASDAQ:OFS) last issued its quarterly earnings data on Thursday, May 1st. The investment management company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.07). OFS Capital had a positive return on equity of 11.26% and a negative net margin of 2.29%. The company had revenue of $10.30 million for the quarter, compared to the consensus estimate of $11.90 million. As a group, equities research analysts anticipate that OFS Capital Co. will post 1.17 earnings per share for the current year. \n\nThe firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 20th will be paid a dividend of $0.34 per share. The ex-dividend date is Friday, June 20th. This represents a $1.36 annualized dividend and a yield of 15.13%. OFS Capital’s dividend payout ratio is currently 60.44%. \n\nOFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.

NBC Securities Inc. Purchases 3,916 Shares of OFS Capital Co. (NASDAQ:OFS)

NBC Securities Inc. increased its holdings in OFS Capital Co. by 130,533.3% in Q1, owning 3,919 shares valued at $36,000. Other institutional investors also raised their positions in OFS Capital, while Wall Street Zen downgraded the company to a 'hold' rating. OFS Capital reported $0.26 EPS for Q1, missing analyst estimates, and announced a $0.34 annualized dividend. The company has a market cap of $120.47M and a debt-to-equity ratio of 0.55.