Main Street Capital Corporation (MAIN) : Silver Capital Management added new position in Main Street Capital Corporation during the most recent quarter end. The investment management firm now holds 26,890 shares of Main Street Capital Corporation which is valued at $839,506 , the company said in a statement filed on Apr 25, 2016 with the SEC.Main Street Capital Corporation makes up approximately 4.46% of Silver Capital Management’s portfolio.
Main Street Capital Corporation opened for trading at $31.14 and hit $31.34 on the upside on Monday, eventually ending the session at $31.23, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 1,65,393 shares. Company has a market cap of $1,577 M.
Other Hedge Funds, Including , Sheaff Brock Investment Advisors boosted its stake in MAIN in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 19,765 shares of Main Street Capital Corporation which is valued at $617,063. Main Street Capital Corporation makes up approx 0.08% of Sheaff Brock Investment Advisors’s portfolio.Metlife Securities Inc boosted its stake in MAIN in the latest quarter, The investment management firm added 18,254 additional shares and now holds a total of 39,352 shares of Main Street Capital Corporation which is valued at $1,237,227. Main Street Capital Corporation makes up approx 0.05% of Metlife Securities Inc’s portfolio.Winslow Evans Crocker reduced its stake in MAIN by selling 1 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 881 shares of MAIN which is valued at $27,699. Main Street Capital Corporation makes up approx 0.01% of Winslow Evans Crocker’s portfolio.Gierl Augustine Investment Management Inc boosted its stake in MAIN in the latest quarter, The investment management firm added 28,613 additional shares and now holds a total of 82,160 shares of Main Street Capital Corporation which is valued at $2,588,862. Main Street Capital Corporation makes up approx 2.45% of Gierl Augustine Investment Management Inc’s portfolio.
On the company’s financial health, Main Street Capital Corporation reported $0.57 EPS for the quarter, based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus estimate of $0.57. The company had revenue of $43.50 million for the quarter, compared to analysts expectations of $44.51 million. The company’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 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).