Source Capital, Inc. (NYSE:SOR) Shares Sold by Hara Capital LLC

Hara Capital LLC trimmed its holdings in shares of Source Capital, Inc. (NYSE:SOR) by 2.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 83,395 shares of the financial services provider’s stock after selling 2,156 shares during the period. Source Capital accounts for 2.3% of Hara Capital LLC’s portfolio, making the stock its 10th biggest position. Hara Capital LLC’s holdings in Source Capital were worth $3,713,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SOR. Private Advisor Group LLC grew its position in shares of Source Capital by 3.5% during the 3rd quarter. Private Advisor Group LLC now owns 9,314 shares of the financial services provider’s stock valued at $415,000 after buying an additional 319 shares during the last quarter. Lake Street Advisors Group LLC bought a new position in shares of Source Capital during the second quarter valued at approximately $417,000. Sanctuary Advisors LLC acquired a new stake in shares of Source Capital during the 2nd quarter worth approximately $583,000. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Source Capital by 220.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 14,689 shares of the financial services provider’s stock worth $654,000 after purchasing an additional 10,102 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. acquired a new position in Source Capital during the 2nd quarter valued at approximately $662,000. 13.15% of the stock is currently owned by institutional investors.

Source Capital Stock Performance

SOR stock traded up $0.32 during mid-day trading on Thursday, reaching $45.22. The company had a trading volume of 806 shares, compared to its average volume of 13,033. Source Capital, Inc. has a one year low of $38.04 and a one year high of $47.91. The stock’s 50-day simple moving average is $44.12 and its two-hundred day simple moving average is $43.51.

Source Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.2083 dividend. This represents a $2.50 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend is Friday, February 14th.

Source Capital Profile

Source Capital, Inc is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small to mid cap companies.