Monroe Capital Co. (NASDAQ:MRCC) Stock Holdings Lifted by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC raised its position in shares of Monroe Capital Co. (NASDAQ:MRCC) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 102,555 shares of the financial services provider’s stock after purchasing an additional 1,916 shares during the quarter. Magnolia Capital Advisors LLC owned 0.47% of Monroe Capital worth $872,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC acquired a new position in shares of Monroe Capital in the third quarter worth $104,000. Aspiriant LLC boosted its holdings in Monroe Capital by 18.2% in the fourth quarter. Aspiriant LLC now owns 13,000 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 2,000 shares in the last quarter. Garden State Investment Advisory Services LLC bought a new stake in Monroe Capital in the third quarter worth $210,000. Ritholtz Wealth Management boosted its holdings in Monroe Capital by 8.2% in the fourth quarter. Ritholtz Wealth Management now owns 36,882 shares of the financial services provider’s stock worth $313,000 after purchasing an additional 2,803 shares in the last quarter. Finally, HB Wealth Management LLC boosted its holdings in 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 purchasing an additional 1,650 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MRCC. 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 report on Wednesday, December 11th. StockNews.com upgraded shares of Monroe Capital from a “hold” rating to a “buy” rating in a report on Thursday, December 19th.

Monroe Capital Stock Performance

NASDAQ MRCC opened at $8.60 on Monday. The firm has a market cap of $186.36 million, a price-to-earnings ratio of 14.33 and a beta of 1.03. The company has a 50 day moving average of $8.42 and a 200-day moving average of $8.08. 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.

Monroe Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 11.63%. The ex-dividend date was Monday, December 16th. Monroe Capital’s payout ratio is 166.67%.

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.