MidCap Financial Investment Co. (NASDAQ:MFIC) Shares Purchased by Muzinich & Co. Inc.

Muzinich & Co. Inc. grew its stake in shares of MidCap Financial Investment Co. (NASDAQ:MFIC) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 194,042 shares of the company’s stock after acquiring an additional 7,443 shares during the period. MidCap Financial Investment comprises about 1.6% of Muzinich & Co. Inc.’s holdings, making the stock its 15th biggest position. Muzinich & Co. Inc. owned about 0.21% of MidCap Financial Investment worth $2,618,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. purchased a new position in shares of MidCap Financial Investment in the fourth quarter valued at $221,000. Whipplewood Advisors LLC acquired a new stake in MidCap Financial Investment in the 4th quarter worth about $927,000. Sigma Planning Corp boosted its position in shares of MidCap Financial Investment by 4.6% in the fourth quarter. Sigma Planning Corp now owns 60,438 shares of the company’s stock worth $815,000 after acquiring an additional 2,633 shares during the last quarter. Capital Advisory Group Advisory Services LLC boosted its holdings in shares of MidCap Financial Investment by 66.5% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 35,995 shares of the company’s stock valued at $486,000 after purchasing an additional 14,378 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in MidCap Financial Investment by 3.5% during the fourth quarter. D.A. Davidson & CO. now owns 298,481 shares of the company’s stock valued at $4,027,000 after acquiring an additional 10,100 shares during the period. 28.45% of the stock is owned by hedge funds and other institutional investors.

MidCap Financial Investment Stock Performance

Shares of NASDAQ MFIC opened at $13.75 on Thursday. MidCap Financial Investment Co. has a 1 year low of $12.26 and a 1 year high of $16.36. The company has a debt-to-equity ratio of 1.25, a quick ratio of 8.51 and a current ratio of 8.51. The stock has a fifty day moving average price of $13.82 and a two-hundred day moving average price of $13.69. The firm has a market cap of $1.29 billion, a P/E ratio of 8.81 and a beta of 1.48.

MidCap Financial Investment (NASDAQ:MFIC) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.40 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.40. The company had revenue of $82.16 million during the quarter, compared to the consensus estimate of $86.28 million. MidCap Financial Investment had a net margin of 37.05% and a return on equity of 11.37%. Research analysts forecast that MidCap Financial Investment Co. will post 1.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on MFIC shares. Royal Bank of Canada reiterated a “sector perform” rating and set 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 analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average 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.