Main Street Capital Corporation (MAIN) : Allsquare Wealth Management reduced its stake in Main Street Capital Corporation by 11.07% during the most recent quarter end. The investment management company now holds a total of 22,100 shares of Main Street Capital Corporation which is valued at $701,896 after selling 2,750 shares in Main Street Capital Corporation , the firm said in a disclosure report filed with the SEC on May 9, 2016.Main Street Capital Corporation makes up approximately 0.69% of Allsquare Wealth Management’s portfolio.
Other Hedge Funds, Including , Financial Architects Inc added MAIN to its portfolio by purchasing 1,050 company shares during the most recent quarter which is valued at $33,348. Main Street Capital Corporation makes up approx 0.01% of Financial Architects Inc’s portfolio. Ausdal Financial Partners sold out all of its stake in MAIN during the most recent quarter. The investment firm sold 3,063 shares of MAIN which is valued $96,454.Sandy Spring Bank boosted its stake in MAIN in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 855 shares of Main Street Capital Corporation which is valued at $26,924.
Main Street Capital Corporation closed down -0.11 points or -0.35% at $31.76 with 3,29,585 shares getting traded on Friday. Post opening the session at $32, the shares hit an intraday low of $31.76 and an intraday high of $32.03 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Main Street Capital Corporation reported $0.54 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $0.54.Analysts expectations of $ 42.74.During the same quarter in the previous year, the company posted $0.54 EPS.
Many Wall Street Analysts have commented on Main Street Capital Corporation. Company shares were Reiterated by FBR Capital on Mar 28, 2016 to “Outperform”, Firm has raised the Price Target to $ 33 from a previous price target of $30 .Shares were Reiterated by Wunderlich on Feb 29, 2016 to “Buy” and Lowered the Price Target to $ 34 from a previous price target of $38 .
Main Street Capital Corporation (MSCC) is a principal investment firm which provides customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Companys portfolio investments are made to support management buyouts recapitalizations growth financings refinancings and acquisitions of companies that operate in various industry sectors. MSCC invests primarily in secured debt investments equity investments warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. MSCCs investment portfolio includes its investments in LMM portfolio companies investments in Middle Market portfolio companies Private Loan portfolio investments Other Portfolio investments and the investment in MSC Adviser I LLC (the External Investment Manager).