Monroe Capital Co. (NASDAQ:MRCC) Shares Sold by Lindbrook Capital LLC

Lindbrook Capital LLC cut its position in Monroe Capital Co. (NASDAQ:MRCC) by 14.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,000 shares of the financial services provider’s stock after selling 2,500 shares during the quarter. Lindbrook Capital LLC owned 0.07% of Monroe Capital worth $128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of MRCC. Private Advisor Group LLC acquired a new stake in shares of Monroe Capital in the third quarter valued at $104,000. Garden State Investment Advisory Services LLC purchased a new position in Monroe Capital in the third quarter valued at $210,000. Ritholtz Wealth Management boosted its holdings in Monroe Capital by 8.2% in the fourth quarter. Ritholtz Wealth Management now owns 36,882 shares of the financial services provider’s stock valued at $313,000 after purchasing an additional 2,803 shares during the period. HB Wealth Management LLC boosted its holdings in Monroe Capital by 3.0% in the fourth quarter. HB Wealth Management LLC now owns 56,600 shares of the financial services provider’s stock valued at $481,000 after purchasing an additional 1,650 shares during the period. Finally, LaFleur & Godfrey LLC boosted its holdings in Monroe Capital by 197.3% in the fourth quarter. LaFleur & Godfrey LLC now owns 64,810 shares of the financial services provider’s stock valued at $551,000 after purchasing an additional 43,010 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Oppenheimer decreased their target price on Monroe Capital from $9.00 to $8.00 and set a “market perform” rating for the company in a report on Tuesday. B. Riley lowered Monroe Capital from a “neutral” rating to a “sell” rating and set a $7.25 target price for the company. in a report on Wednesday, December 11th. Finally, StockNews.com lowered Monroe Capital from a “buy” rating to a “hold” rating in a report on Monday, March 3rd.

Monroe Capital Stock Up 0.7 %

Shares of NASDAQ MRCC opened at $8.16 on Friday. The company has a market capitalization of $176.79 million, a price-to-earnings ratio of 13.60 and a beta of 1.02. The company has a debt-to-equity ratio of 1.49, a current ratio of 4.37 and a quick ratio of 4.37. The business has a 50-day moving average of $8.51 and a two-hundred day moving average of $8.26. Monroe Capital Co. has a 1 year low of $6.97 and a 1 year high of $8.85.

Monroe Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 12.25%. The ex-dividend date of this dividend is Friday, March 14th. Monroe Capital’s dividend payout ratio (DPR) is 222.22%.

About Monroe Capital

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.