CW Advisors LLC Purchases 46,739 Shares of MidCap Financial Investment Corporation $MFIC

CW Advisors LLC increased its position in MidCap Financial Investment Corporation (NASDAQ:MFIC) by 158.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,278 shares of the company’s stock after buying an additional 46,739 shares during the quarter. CW Advisors LLC owned 0.08% of MidCap Financial Investment worth $963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rockefeller Capital Management L.P. raised its stake in shares of MidCap Financial Investment by 1.5% during the second quarter. Rockefeller Capital Management L.P. now owns 77,277 shares of the company’s stock worth $975,000 after acquiring an additional 1,111 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in MidCap Financial Investment by 20.6% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 6,706 shares of the company’s stock worth $85,000 after purchasing an additional 1,147 shares during the period. Generali Investments CEE investicni spolecnost a.s. lifted its stake in MidCap Financial Investment by 6.2% in the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 24,139 shares of the company’s stock worth $305,000 after purchasing an additional 1,419 shares during the last quarter. Signaturefd LLC lifted its stake in MidCap Financial Investment by 88.5% in the second quarter. Signaturefd LLC now owns 3,387 shares of the company’s stock worth $43,000 after purchasing an additional 1,590 shares during the last quarter. Finally, US Bancorp DE boosted its position in MidCap Financial Investment by 7.1% during the first quarter. US Bancorp DE now owns 25,277 shares of the company’s stock valued at $325,000 after buying an additional 1,668 shares during the period. Hedge funds and other institutional investors own 28.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MFIC shares. Weiss Ratings reissued a “hold (c)” rating on shares of MidCap Financial Investment in a research note on Wednesday, October 8th. Zacks Research cut MidCap Financial Investment from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 12th. Raymond James Financial set a $13.50 price objective on MidCap Financial Investment and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Compass Point restated a “neutral” rating and issued a $12.25 target price (down previously from $14.75) on shares of MidCap Financial Investment in a report on Monday, November 10th. Finally, Wall Street Zen upgraded shares of MidCap Financial Investment from a “sell” rating to a “hold” rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, MidCap Financial Investment presently has an average rating of “Hold” and a consensus target price of $13.04.

MidCap Financial Investment Stock Down 0.8%

Shares of NASDAQ MFIC opened at $12.16 on Tuesday. The firm has a fifty day simple moving average of $11.95 and a two-hundred day simple moving average of $12.46. MidCap Financial Investment Corporation has a 12 month low of $10.18 and a 12 month high of $14.74. The company has a current ratio of 4.34, a quick ratio of 4.34 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $1.13 billion, a PE ratio of 11.47 and a beta of 0.73.

MidCap Financial Investment (NASDAQ:MFIC) last announced its earnings results on Thursday, November 6th. The company reported $0.38 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.38. MidCap Financial Investment had a net margin of 30.79% and a return on equity of 10.33%. The firm had revenue of $82.58 million for the quarter, compared to analyst estimates of $83.56 million. Equities analysts expect that MidCap Financial Investment Corporation will post 1.73 earnings per share for the current year.

MidCap Financial Investment Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.38 per share. The ex-dividend date is Tuesday, December 9th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 12.5%. MidCap Financial Investment’s dividend payout ratio is 143.40%.

MidCap Financial Investment Profile

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.