2 weeks Ago By ABMN Staff
Invesco Ltd. acquired a new position in shares of CION Investment Co. ( NYSE:CION – Free Report ) during the fourth quarter, Holdings Channel reports.
The institutional investor acquired 1,042,279 shares of the company’s stock, valued at approximately $11,882,000. A number of other hedge funds and other institutional investors have also recently bought and sold shares of CION. Golden State Wealth Management LLC purchased a new stake in CION Investment during the 4th quarter worth about $96,000.
Virtu Financial LLC acquired a new position in shares of CION Investment during the third quarter worth about $127,000. GWN Securities Inc. purchased a new stake in shares of CION Investment during the fourth quarter worth approximately $124,000.
Dynamic Technology Lab Private Ltd acquired a new stake in CION Investment in the fourth quarter valued at approximately $127,000. Finally, Entropy Technologies LP purchased a new position in CION Investment in the fourth quarter worth approximately $138,000. 32.
01% of the stock is currently owned by hedge funds and other institutional investors. CION Investment Stock Performance NYSE:CION opened at $9.30 on Tuesday.
CION Investment Co. has a 1 year low of $8.51 and a 1 year high of $12.
71. The stock has a market cap of $493.15 million, a P/E ratio of 6.
33 and a beta of 1.17. The stock has a 50-day simple moving average of $10.
94 and a 200-day simple moving average of $11.36. CION Investment Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, April 11th.
Investors of record on Friday, March 28th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, March 28th.
This represents a $1.44 annualized dividend and a yield of 15.48%.
CION Investment’s dividend payout ratio is currently 228.57%. Wall Street Analyst Weigh In Separately, Wells Fargo & Company reissued an “underweight” rating and issued a $10.
00 price objective (down from $11.00) on shares of CION Investment in a research report on Monday, March 17th. Get Our Latest Report on CION CION Investment Profile ( Free Report ) CION Investment Corporation is a business development company.
It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. Read More Want to see what other hedge funds are holding CION? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CION Investment Co.
( NYSE:CION – Free Report ). Receive News & Ratings for CION Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CION Investment and related companies with MarketBeat.com's FREE daily email newsletter .
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