Aspiriant LLC Boosts Stock Holdings in Monroe Capital Corporation $MRCC

Aspiriant LLC grew its position in shares of Monroe Capital Corporation (NASDAQ:MRCCFree Report) by 35.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,000 shares of the financial services provider’s stock after acquiring an additional 5,000 shares during the quarter. Aspiriant LLC owned 0.09% of Monroe Capital worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of MRCC. LaFleur & Godfrey LLC boosted its holdings in Monroe Capital by 68.0% during the 1st quarter. LaFleur & Godfrey LLC now owns 108,910 shares of the financial services provider’s stock worth $849,000 after acquiring an additional 44,100 shares during the last quarter. Ethos Financial Group LLC purchased a new position in Monroe Capital during the 1st quarter worth $287,000. Sunbelt Securities Inc. boosted its holdings in Monroe Capital by 59.3% during the 1st quarter. Sunbelt Securities Inc. now owns 75,038 shares of the financial services provider’s stock worth $585,000 after acquiring an additional 27,920 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in Monroe Capital during the 1st quarter worth $211,000. Finally, Trexquant Investment LP purchased a new position in Monroe Capital during the 1st quarter worth $186,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Monroe Capital in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $7.63.

Check Out Our Latest Research Report on MRCC

Monroe Capital Price Performance

Shares of NASDAQ:MRCC opened at $6.78 on Friday. The company’s 50-day moving average is $7.21 and its 200 day moving average is $6.79. The company has a debt-to-equity ratio of 1.16, a quick ratio of 4.02 and a current ratio of 4.02. The company has a market capitalization of $146.92 million, a P/E ratio of 75.33 and a beta of 0.92. Monroe Capital Corporation has a fifty-two week low of $5.96 and a fifty-two week high of $8.85.

Monroe Capital (NASDAQ:MRCCGet Free Report) last released its quarterly earnings data on Monday, August 11th. The financial services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.06). The business had revenue of $9.87 million for the quarter, compared to analysts’ expectations of $12.38 million. Monroe Capital had a net margin of 3.74% and a return on equity of 10.70%. On average, equities research analysts forecast that Monroe Capital Corporation will post 1.14 earnings per share for the current year.

Monroe Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.00 annualized dividend and a yield of 14.7%. Monroe Capital’s dividend payout ratio is 1,111.11%.

Monroe Capital Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Monroe Capital (NASDAQ:MRCC)

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