Curbstone Financial Management Corp Has $1.19 Million Holdings in Babson Capital Participation Investors (MPV)

Curbstone Financial Management Corp raised its position in shares of Babson Capital Participation Investors (NYSE:MPV) by 97.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 82,090 shares of the financial services provider’s stock after purchasing an additional 40,425 shares during the quarter. Curbstone Financial Management Corp’s holdings in Babson Capital Participation Investors were worth $1,185,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in MPV. Essex Financial Services Inc. bought a new stake in Babson Capital Participation Investors during the 2nd quarter valued at about $310,000. Wells Fargo & Company MN increased its stake in Babson Capital Participation Investors by 16.9% during the 2nd quarter. Wells Fargo & Company MN now owns 40,283 shares of the financial services provider’s stock valued at $562,000 after purchasing an additional 5,834 shares in the last quarter. Greenwich Investment Management Inc. increased its stake in Babson Capital Participation Investors by 2.2% during the 2nd quarter. Greenwich Investment Management Inc. now owns 95,585 shares of the financial services provider’s stock valued at $1,333,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in Babson Capital Participation Investors by 7.6% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 209,643 shares of the financial services provider’s stock valued at $2,924,000 after purchasing an additional 14,883 shares in the last quarter. Institutional investors and hedge funds own 11.31% of the company’s stock.

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In other Babson Capital Participation Investors news, insider Robert Eugene Joyal sold 3,513 shares of the stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $14.39, for a total transaction of $50,552.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

Babson Capital Participation Investors (NYSE:MPV) traded up 0.1050% during mid-day trading on Wednesday, reaching $14.7755. 5,071 shares of the company’s stock were exchanged. Babson Capital Participation Investors has a one year low of $13.82 and a one year high of $15.69. The company’s 50-day moving average is $14.60 and its 200 day moving average is $14.36.

Babson Capital Participation Investors Profile

Babson Capital Participation Investors (the Trust) is a closed-end management investment company. The Trust’s investment objective is to maximize total return by providing a high level of current income, the potential for growth of income, and capital appreciation. The Trust’s principal investments are privately placed, below-investment grade, long-term debt obligations purchased directly from their issuers.

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Institutional Ownership by Quarter for Babson Capital Participation Investors (NYSE:MPV)

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