Simon Quick Advisors LLC Makes Significant Investment in CION Investment Company at Fiscal Year End

April 16, 2023

Categories: Asset ManagementTags: , , Views: 172

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As the end of the fiscal year approaches, Simon Quick Advisors LLC has made a significant investment in CION Investment Company. CION INVT ($NYSE:CION) is a publicly traded company that provides asset management services to institutional investors, retail investors and high-net-worth individuals. The company provides asset management services for a variety of investments including hedge funds, private equity funds and mutual funds. The investment made by Simon Quick Advisors LLC is an indication of their confidence in the performance of CION INVT and its ability to meet the needs of its clients. This investment comes on the heels of a series of positive financial reports from the company, such as increased assets under management and a steady increase in profits over the past year. This influx of capital will enable CION INVT to continue to provide comprehensive asset management services and to increase their presence in the industry.

This investment signals an important shift in the way companies view investments in asset management services. By investing in CION INVT, Simon Quick Advisors LLC is showing their commitment to the company and their understanding of the importance of a reliable asset management partner. The future looks bright for CION INVT, and this new investment will help ensure their continued success.

Share Price

Opening at $10.0, the stock closed at $10.1, an increase of 0.9% from the previous day’s closing price. This news of a strategic investor and the resulting increase in stock price indicates that CION Investment Company has a bright future ahead. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Cion Invt. More…

    Total Revenues Net Income Net Margin
    61.14 50.14 82.0%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Cion Invt. More…

    Operations Investing Financing
    35.28 43.69
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Cion Invt. More…

    Total Assets Total Liabilities Book Value Per Share
    1.87k 988.78 15.98
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Cion Invt are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    0.9%
    FCF Margin ROE ROA
    57.7% 3.5% 1.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    Analyzing CION INVT‘s fundamentals with GoodWhale, it appears to have a low health score of 3/10, given its cashflows and debt. This suggests that CION INVT is less likely to pay off debt and fund future operations. Upon further examination, we have classified CION INVT as a ‘cow’. This is a type of company which has the track record of paying out consistent and sustainable dividends. As such, CION INVT may be of particular interest to investors looking for dividend income. On top of this, CION INVT is strong in dividend, medium in both growth and asset, and weak in profitability. This means that while it has the potential to deliver an attractive income stream to investors, it may be more risky than other companies when it comes to achieving future growth. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    It is one of several alternative investment companies operating in the market, including Pennant Park Investment Corp, Carlyle Secured Lending Inc, and Global Dividend Growth Split Corp. All of these companies offer different services and products designed to meet the needs of their individual investors. CION Invt Corp has been in business since 1999, and is highly regarded for its commitment to providing investors with innovative and customized investment solutions.

    – Pennant Park Investment Corp ($NYSE:PNNT)

    Pennant Park Investment Corporation is a publicly traded business development company that provides capital to middle-market companies in the United States and Canada. The company has a market capitalization of 368.52 million dollars as of 2022. Return on Equity (ROE) is a measure of the company’s profitability and is calculated by dividing the net income by the shareholders’ equity. Pennant Park Investment Corporation has a negative ROE of -1.73%, which indicates that the company is not generating enough profit to cover its equity investments. This suggests that the company is not effectively utilizing its capital, and may benefit from further investment in its operations.

    – Carlyle Secured Lending Inc ($NASDAQ:CGBD)

    Carlyle Secured Lending Inc is a specialty finance company that provides secured loans to businesses and individuals. The company has a market capitalization of 757.62M as of 2022 and a Return on Equity of 7.28%. The market cap is a measure of the company’s size, and reflects the value of the company’s business operations. The ROE indicates how well the company has been able to generate profits from its equity. Carlyle Secured Lending Inc is committed to providing secure and efficient loan services to its customers. Additionally, the company is focused on creating value for shareholders by generating consistent returns.

    – Global Dividend Growth Split Corp ($TSX:GDV)

    Global Dividend Growth Split Corp is a publicly-traded corporation which invests in a portfolio of high-quality dividend-paying stocks. Its market cap as of 2022 is 141.49M. The company provides an opportunity for investors to benefit from the potential of dividend-paying stocks while reducing their risk through diversification. As such, the company invests in a portfolio of quality stocks which are expected to provide long-term dividend income, capital growth and a higher yield than what is available in the market. The company also provides investors with access to the potential of a rising dividend stream over time as well as the potential for capital appreciation.

    Summary

    Simon Quick Advisors LLC has conducted a thorough investing analysis of CION Investment Company, leading to a substantial purchase of the company. This indicates that CION Investment Company is a promising investment opportunity with potential rewards. The analysis of CION can be broken down into several important components: financial stability, potential risks and returns, and market conditions. Financial stability looks at the company’s structure and whether it is able to meet its financial obligations including loan repayment.

    Risk and return analysis examines the likelihood and magnitude of future returns, taking into account the level of risk associated with the investment. Finally, market conditions analysis investigates the company’s competitive advantage and the trends in the industry. Other items to consider include trends in the economy, regulations, and the company’s management.

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