Blair William & Co. IL Purchases 1,735 Shares of Monroe Capital Co. (NASDAQ:MRCC)

Blair William & Co. IL grew its holdings in Monroe Capital Co. (NASDAQ:MRCC) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 428,187 shares of the financial services provider’s stock after acquiring an additional 1,735 shares during the period. Blair William & Co. IL owned about 1.98% of Monroe Capital worth $3,640,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Garden State Investment Advisory Services LLC purchased a new position in Monroe Capital in the 3rd quarter worth approximately $210,000. Ritholtz Wealth Management raised 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 last quarter. HB Wealth Management LLC lifted its holdings in shares of Monroe Capital by 3.0% in the fourth quarter. HB Wealth Management LLC now owns 56,600 shares of the financial services provider’s stock worth $481,000 after buying an additional 1,650 shares in the last quarter. LaFleur & Godfrey LLC boosted its position in shares of Monroe Capital by 197.3% during the fourth quarter. LaFleur & Godfrey LLC now owns 64,810 shares of the financial services provider’s stock worth $551,000 after acquiring an additional 43,010 shares during the last quarter. Finally, Aspiriant LLC grew its stake in 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 acquiring an additional 2,000 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have commented on MRCC shares. StockNews.com cut shares of Monroe Capital from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. B. Riley lowered Monroe Capital from a “neutral” rating to a “sell” rating and set a $7.25 price target for the company. in a research note on Wednesday, December 11th. Finally, Oppenheimer reduced their price objective on Monroe Capital from $9.00 to $8.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 4th.

Monroe Capital Stock Performance

Monroe Capital stock opened at $7.80 on Tuesday. The company’s 50-day moving average price is $8.33 and its 200-day moving average price is $8.26. The company has a quick ratio of 4.37, a current ratio of 4.37 and a debt-to-equity ratio of 1.49. The company has a market cap of $168.99 million, a PE ratio of 13.00 and a beta of 1.02. Monroe Capital Co. has a twelve month low of $7.01 and a twelve month high of $8.85.

Monroe Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.00 annualized dividend and a yield of 12.82%. Monroe Capital’s payout ratio is currently 222.22%.

About Monroe Capital

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.