CCAP stock icon

Crescent Capital BDC
CCAP

$18.06
0.39%
 

About: Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies.

0
Funds holding %
of 6,665 funds
0
Analysts bullish %
of 5 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

437% more call options, than puts

Call options by funds: $1.41M | Put options by funds: $262K

0% more funds holding

Funds holding: 76 [Q4 2023] → 76 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

0.25% less ownership

Funds ownership: 49.26% [Q4 2023] → 49.01% (-0.25%) [Q1 2024]

1% less capital invested

Capital invested by funds: $317M [Q4 2023] → $314M (-$3.1M) [Q1 2024]

5% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 21

25% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 3 (-1) [Q1 2024]

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$16.5
9%
downside
Avg. target
$18.3
1%
upside
High target
$19
5%
upside

5 analyst ratings

positive
60%
neutral
40%
negative
0%
Keefe, Bruyette & Woods
Ryan Lynch
5%upside
$19
Outperform
Maintained
23 May 2024
Wells Fargo
Finian O'Shea
0%downside
$18
Equal-Weight
Maintained
13 May 2024
Raymond James
Robert Dodd
5%upside
$19
Outperform
Maintained
10 May 2024
Oppenheimer
Mitchel Penn
5%upside
$19
Outperform
Maintained
23 Feb 2024
Wells Fargo
Finian O'Shea
9%downside
$16.5
Equal-Weight
Maintained
29 Jan 2024

Financial journalist opinion

Based on 3 articles about CCAP published over the past 30 days