MidCap Financial Investment Co. (NASDAQ:MFIC) Stake Lowered by Camelot Portfolios LLC

Camelot Portfolios LLC trimmed its position in shares of MidCap Financial Investment Co. (NASDAQ:MFIC) by 4.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 45,296 shares of the company’s stock after selling 2,009 shares during the quarter. Camelot Portfolios LLC’s holdings in MidCap Financial Investment were worth $611,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MFIC. Van ECK Associates Corp raised its stake in shares of MidCap Financial Investment by 49.9% during the 3rd quarter. Van ECK Associates Corp now owns 2,270,099 shares of the company’s stock worth $30,079,000 after purchasing an additional 755,436 shares in the last quarter. International Assets Investment Management LLC raised its position in MidCap Financial Investment by 1,208.0% during the third quarter. International Assets Investment Management LLC now owns 281,672 shares of the company’s stock valued at $3,772,000 after acquiring an additional 260,137 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in MidCap Financial Investment by 139.5% in the third quarter. Advisors Asset Management Inc. now owns 444,531 shares of the company’s stock valued at $5,952,000 after acquiring an additional 258,940 shares during the last quarter. Stifel Financial Corp grew its position in MidCap Financial Investment by 403.7% in the third quarter. Stifel Financial Corp now owns 240,478 shares of the company’s stock worth $3,220,000 after acquiring an additional 192,731 shares in the last quarter. Finally, Barclays PLC grew its position in MidCap Financial Investment by 190,106.2% in the third quarter. Barclays PLC now owns 123,634 shares of the company’s stock worth $1,656,000 after acquiring an additional 123,569 shares in the last quarter. Institutional investors and hedge funds own 28.45% of the company’s stock.

MidCap Financial Investment Stock Performance

Shares of MFIC opened at $14.60 on Friday. The company has a market capitalization of $1.37 billion, a PE ratio of 9.36 and a beta of 1.48. The company has a debt-to-equity ratio of 1.25, a current ratio of 8.51 and a quick ratio of 8.51. MidCap Financial Investment Co. has a one year low of $12.26 and a one year high of $16.36. The company’s fifty day moving average price is $13.75 and its 200 day moving average price is $13.65.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MFIC shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $14.00 price objective on shares of MidCap Financial Investment in a research note on Tuesday, November 19th. Wells Fargo & Company boosted their price target on MidCap Financial Investment from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.86.

About MidCap Financial Investment

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.