PhenixFIN Co. (NYSE:PFX) CFO Ellida Mcmillan Buys 1,000 Shares

PhenixFIN Co. (NYSE:PFX) CFO Ellida Mcmillan bought 1,000 shares of the stock in a transaction dated Friday, June 14th. The stock was purchased at an average cost of $45.12 per share, with a total value of $45,120.00. Following the completion of the purchase, the chief financial officer now directly owns 2,336 shares in the company, valued at approximately $105,400.32. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

PhenixFIN Stock Up 2.6 %

NYSE PFX opened at $46.44 on Wednesday. The stock has a fifty day moving average of $44.79 and a 200-day moving average of $43.71. The stock has a market capitalization of $93.81 million, a P/E ratio of 17.47 and a beta of 0.93. PhenixFIN Co. has a 52 week low of $35.51 and a 52 week high of $47.30. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.39 and a current ratio of 2.39.

PhenixFIN (NYSE:PFX) last released its earnings results on Friday, May 10th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.51). The firm had revenue of $4.66 million during the quarter, compared to analyst estimates of $5.60 million. PhenixFIN had a net margin of 125.20% and a return on equity of 3.63%. On average, equities research analysts forecast that PhenixFIN Co. will post 2.21 EPS for the current year.

PhenixFIN Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 10th. Stockholders of record on Monday, May 27th were paid a $1.31 dividend. This is a boost from PhenixFIN’s previous dividend of $0.12. The ex-dividend date of this dividend was Thursday, May 23rd.

Institutional Investors Weigh In On PhenixFIN

An institutional investor recently raised its position in PhenixFIN stock. Adalta Capital Management LLC increased its stake in shares of PhenixFIN Co. (NYSE:PFX) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,999 shares of the company’s stock after purchasing an additional 1,500 shares during the period. PhenixFIN makes up approximately 3.4% of Adalta Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Adalta Capital Management LLC owned about 6.32% of PhenixFIN worth $5,013,000 as of its most recent SEC filing. Institutional investors own 43.35% of the company’s stock.

About PhenixFIN

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.