Sigma Planning Corp Purchases 4,342 Shares of Main Street Capital Co. (NYSE:MAIN)

Sigma Planning Corp grew its position in shares of Main Street Capital Co. (NYSE:MAIN) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,706 shares of the financial services provider’s stock after acquiring an additional 4,342 shares during the quarter. Sigma Planning Corp owned about 0.05% of Main Street Capital worth $2,619,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of MAIN. Asset Planning Inc bought a new stake in shares of Main Street Capital during the fourth quarter valued at approximately $29,000. Truvestments Capital LLC bought a new stake in shares of Main Street Capital during the third quarter valued at approximately $39,000. Prospera Private Wealth LLC bought a new stake in shares of Main Street Capital during the third quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Main Street Capital during the third quarter valued at approximately $50,000. Finally, AdvisorNet Financial Inc increased its holdings in shares of Main Street Capital by 145.8% during the fourth quarter. AdvisorNet Financial Inc now owns 1,229 shares of the financial services provider’s stock valued at $72,000 after acquiring an additional 729 shares in the last quarter. Institutional investors own 20.31% of the company’s stock.

Main Street Capital Trading Down 0.7 %

Shares of Main Street Capital stock opened at $62.27 on Friday. The stock has a fifty day simple moving average of $59.57 and a 200 day simple moving average of $54.18. Main Street Capital Co. has a 12-month low of $44.88 and a 12-month high of $63.32. The company has a market capitalization of $5.49 billion, a P/E ratio of 11.28 and a beta of 1.28. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.13.

Wall Street Analyst Weigh In

Separately, B. Riley upped their price target on Main Street Capital from $49.00 to $51.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $48.80.

About Main Street Capital

Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth.