Monroe Capital Co. (NASDAQ:MRCC) Shares Sold by Stephens Inc. AR

Stephens Inc. AR lessened its holdings in shares of Monroe Capital Co. (NASDAQ:MRCCGet Rating) by 21.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,980 shares of the financial services provider’s stock after selling 6,978 shares during the period. Stephens Inc. AR owned 0.12% of Monroe Capital worth $270,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC increased its holdings in shares of Monroe Capital by 0.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 126,470 shares of the financial services provider’s stock valued at $1,419,000 after purchasing an additional 922 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Monroe Capital by 12.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 225,285 shares of the financial services provider’s stock valued at $2,528,000 after buying an additional 24,781 shares in the last quarter. GYL Financial Synergies LLC boosted its stake in shares of Monroe Capital by 4.4% in the fourth quarter. GYL Financial Synergies LLC now owns 47,361 shares of the financial services provider’s stock valued at $531,000 after buying an additional 1,996 shares in the last quarter. Raymond James & Associates boosted its stake in shares of Monroe Capital by 4.6% in the fourth quarter. Raymond James & Associates now owns 34,435 shares of the financial services provider’s stock valued at $386,000 after buying an additional 1,520 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Monroe Capital in the fourth quarter valued at approximately $299,000. Institutional investors and hedge funds own 19.07% of the company’s stock.

Monroe Capital Stock Down 0.5 %

MRCC opened at $9.11 on Friday. The business’s fifty day moving average is $9.30 and its two-hundred day moving average is $10.15. The company has a debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 2.48. The company has a market cap of $197.38 million, a price-to-earnings ratio of 25.31 and a beta of 1.16. Monroe Capital Co. has a one year low of $8.57 and a one year high of $11.85.

Monroe Capital (NASDAQ:MRCCGet Rating) last posted its earnings results on Tuesday, May 3rd. The financial services provider reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. The company had revenue of $12.49 million for the quarter, compared to the consensus estimate of $13.02 million. Monroe Capital had a return on equity of 9.30% and a net margin of 14.06%. Analysts anticipate that Monroe Capital Co. will post 1.01 EPS for the current fiscal year.

Monroe Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, June 14th. This represents a $1.00 dividend on an annualized basis and a yield of 10.98%. Monroe Capital’s payout ratio is 277.79%.

Analyst Upgrades and Downgrades

MRCC has been the topic of a number of analyst reports. TheStreet downgraded Monroe Capital from a “b-” rating to a “c” rating in a research note on Wednesday, May 25th. StockNews.com downgraded Monroe Capital from a “hold” rating to a “sell” rating in a research note on Thursday.

Monroe Capital Profile

(Get Rating)

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.

See Also

Want to see what other hedge funds are holding MRCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monroe Capital Co. (NASDAQ:MRCCGet Rating).

Institutional Ownership by Quarter for Monroe Capital (NASDAQ:MRCC)

Receive News & Ratings for Monroe Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monroe Capital and related companies with MarketBeat.com's FREE daily email newsletter.