Stephens Inc. AR Sells 4,207 Shares of Monroe Capital Co. (NASDAQ:MRCC)

Stephens Inc. AR decreased its holdings in shares of Monroe Capital Co. (NASDAQ:MRCC) by 26.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,609 shares of the financial services provider’s stock after selling 4,207 shares during the period. Stephens Inc. AR’s holdings in Monroe Capital were worth $99,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. International Assets Investment Management LLC increased its position in shares of Monroe Capital by 708.0% in the 3rd quarter. International Assets Investment Management LLC now owns 220,600 shares of the financial services provider’s stock valued at $1,782,000 after buying an additional 193,298 shares in the last quarter. Magnolia Capital Advisors LLC increased its position in shares of Monroe Capital by 1.9% in the 4th quarter. Magnolia Capital Advisors LLC now owns 102,555 shares of the financial services provider’s stock valued at $872,000 after buying an additional 1,916 shares in the last quarter. LaFleur & Godfrey LLC increased its position in shares of Monroe Capital by 197.3% in the 4th quarter. LaFleur & Godfrey LLC now owns 64,810 shares of the financial services provider’s stock valued at $551,000 after buying an additional 43,010 shares in the last quarter. HB Wealth Management LLC increased its position in shares of Monroe Capital by 3.0% in the 4th quarter. HB Wealth Management LLC now owns 56,600 shares of the financial services provider’s stock valued at $481,000 after buying an additional 1,650 shares in the last quarter. Finally, Ritholtz Wealth Management increased its position in shares of Monroe Capital by 8.2% in the 4th quarter. Ritholtz Wealth Management now owns 36,882 shares of the financial services provider’s stock valued at $313,000 after buying an additional 2,803 shares in the last quarter.

Analyst Ratings Changes

A number of analysts recently commented on MRCC shares. B. Riley cut shares of Monroe Capital from a “neutral” rating to a “sell” rating and set a $7.25 price objective for the company. in a research report on Wednesday, December 11th. StockNews.com upgraded shares of Monroe Capital from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th.

Monroe Capital Price Performance

Shares of NASDAQ MRCC opened at $8.65 on Monday. The firm has a market cap of $187.45 million, a PE ratio of 14.42 and a beta of 1.03. The company has a current ratio of 4.37, a quick ratio of 4.37 and a debt-to-equity ratio of 1.49. Monroe Capital Co. has a 1-year low of $6.97 and a 1-year high of $8.80. The company has a fifty day moving average price of $8.43 and a 200 day moving average price of $8.15.

Monroe Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 11.56%. The ex-dividend date of this dividend was Monday, December 16th. Monroe Capital’s payout ratio is presently 166.67%.

Monroe Capital Company Profile

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.