Janney Montgomery Scott LLC Sells 4,241 Shares of Monroe Capital Co. (NASDAQ:MRCC)

Janney Montgomery Scott LLC reduced its position in Monroe Capital Co. (NASDAQ:MRCC) by 16.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 22,161 shares of the financial services provider’s stock after selling 4,241 shares during the period. Janney Montgomery Scott LLC’s holdings in Monroe Capital were worth $188,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC bought a new stake in Monroe Capital in the 3rd quarter valued at about $104,000. Aspiriant LLC increased its position in shares of Monroe Capital by 18.2% during the fourth quarter. Aspiriant LLC now owns 13,000 shares of the financial services provider’s stock valued at $110,000 after buying an additional 2,000 shares during the period. Garden State Investment Advisory Services LLC bought a new stake in shares of Monroe Capital during the third quarter valued at about $210,000. Ritholtz Wealth Management increased its position in shares of Monroe Capital by 8.2% during the fourth 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 during the period. Finally, HB Wealth Management LLC increased its position in shares of Monroe Capital by 3.0% during the fourth 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 during the period.

Monroe Capital Stock Down 0.9 %

MRCC stock opened at $8.54 on Friday. The company has a current ratio of 4.37, a quick ratio of 4.37 and a debt-to-equity ratio of 1.49. The company’s 50 day moving average is $8.43 and its 200 day moving average is $8.14. The stock has a market cap of $185.03 million, a price-to-earnings ratio of 14.23 and a beta of 1.03. Monroe Capital Co. has a 1-year low of $6.97 and a 1-year high of $8.80.

Monroe Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 11.71%. The ex-dividend date of this dividend was Monday, December 16th. Monroe Capital’s dividend payout ratio (DPR) is 166.67%.

Analyst Ratings Changes

MRCC has been the topic of several analyst reports. B. Riley cut Monroe Capital from a “neutral” rating to a “sell” rating and set a $7.25 price target on the stock. in a research report on Wednesday, December 11th. StockNews.com upgraded Monroe Capital from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th.

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.