Main Street Capital Corporation (MAIN) Shares Bought by Capital Fund Management S.A.

Capital Fund Management S.A. grew its holdings in Main Street Capital Corporation (NYSE:MAIN) by 103.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,500 shares of the financial services provider’s stock after purchasing an additional 9,400 shares during the quarter. Capital Fund Management S.A.’s holdings in Main Street Capital Corporation were worth $712,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. US Bancorp DE grew its position in shares of Main Street Capital Corporation by 20.7% in the first quarter. US Bancorp DE now owns 3,207 shares of the financial services provider’s stock valued at $123,000 after purchasing an additional 549 shares during the last quarter. V Wealth Management LLC acquired a new stake in shares of Main Street Capital Corporation in the second quarter valued at about $139,000. Global X Management Co. LLC grew its position in shares of Main Street Capital Corporation by 49.7% in the first quarter. Global X Management Co. LLC now owns 3,657 shares of the financial services provider’s stock valued at $140,000 after purchasing an additional 1,214 shares during the last quarter. Aperio Group LLC acquired a new stake in shares of Main Street Capital Corporation in the second quarter valued at about $204,000. Finally, Green Square Capital LLC acquired a new stake in shares of Main Street Capital Corporation in the first quarter valued at about $204,000. 26.32% of the stock is currently owned by institutional investors.

MAIN has been the topic of several research analyst reports. National Securities reaffirmed a “sell” rating and issued a $33.00 price target on shares of Main Street Capital Corporation in a research report on Tuesday, August 8th. BidaskClub downgraded Main Street Capital Corporation from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Zacks Investment Research raised Main Street Capital Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, ValuEngine raised Main Street Capital Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $38.98.

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Shares of Main Street Capital Corporation (NYSE MAIN) opened at 39.95 on Friday. Main Street Capital Corporation has a 52-week low of $32.12 and a 52-week high of $40.86. The company’s 50-day moving average price is $39.51 and its 200-day moving average price is $38.70. The firm has a market capitalization of $2.27 billion, a P/E ratio of 13.12 and a beta of 1.03.

Main Street Capital Corporation (NYSE:MAIN) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.05. The company had revenue of $50.30 million for the quarter, compared to analysts’ expectations of $47.82 million. Main Street Capital Corporation had a net margin of 86.36% and a return on equity of 10.24%. Main Street Capital Corporation’s quarterly revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 EPS. On average, equities research analysts expect that Main Street Capital Corporation will post $2.30 EPS for the current fiscal year.

The company also recently announced a monthly dividend, which will be paid on Friday, December 15th. Stockholders of record on Tuesday, November 21st will be issued a $0.19 dividend. The ex-dividend date is Monday, November 20th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.71%. Main Street Capital Corporation’s payout ratio is 72.79%.

Main Street Capital Corporation Company Profile

Main Street Capital Corporation (MSCC) is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Company’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.

Institutional Ownership by Quarter for Main Street Capital Corporation (NYSE:MAIN)

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