LaFleur & Godfrey LLC Has $849,000 Stake in Monroe Capital Corporation (NASDAQ:MRCC)

LaFleur & Godfrey LLC increased its position in shares of Monroe Capital Corporation (NASDAQ:MRCC - Free Report) by 68.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,910 shares of the financial services provider's stock after acquiring an additional 44,100 shares during the period. LaFleur & Godfrey LLC owned about 0.50% of Monroe Capital worth $849,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of Monroe Capital during the 4th quarter worth approximately $712,000. Ritholtz Wealth Management lifted its stake in Monroe Capital by 8.5% in the 1st quarter. Ritholtz Wealth Management now owns 40,022 shares of the financial services provider's stock valued at $312,000 after purchasing an additional 3,140 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in Monroe Capital by 84.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 36,474 shares of the financial services provider's stock valued at $310,000 after purchasing an additional 16,699 shares during the last quarter. Two Sigma Investments LP lifted its stake in Monroe Capital by 6.0% in the 4th quarter. Two Sigma Investments LP now owns 134,924 shares of the financial services provider's stock valued at $1,147,000 after purchasing an additional 7,652 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in Monroe Capital by 71.3% in the 4th quarter. Millennium Management LLC now owns 50,915 shares of the financial services provider's stock valued at $433,000 after purchasing an additional 21,199 shares during the last quarter.

Analyst Ratings Changes

Several brokerages recently commented on MRCC. Wall Street Zen downgraded shares of Monroe Capital from a "buy" rating to a "hold" rating in a research note on Monday, March 3rd. Oppenheimer dropped their price objective on shares of Monroe Capital from $9.00 to $8.00 and set a "market perform" rating for the company in a research note on Tuesday, March 4th.

Monroe Capital Price Performance

NASDAQ:MRCC traded up $0.12 on Friday, hitting $6.34. The company had a trading volume of 123,565 shares, compared to its average volume of 65,652. The stock has a market capitalization of $137.39 million, a price-to-earnings ratio of 19.21 and a beta of 0.88. The company has a current ratio of 5.42, a quick ratio of 5.42 and a debt-to-equity ratio of 1.44. The firm has a 50 day moving average of $6.57 and a two-hundred day moving average of $7.59. Monroe Capital Corporation has a 52 week low of $6.11 and a 52 week high of $8.85.

Monroe Capital (NASDAQ:MRCC - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.08). The business had revenue of $11.64 million for the quarter, compared to analyst estimates of $13.81 million. Monroe Capital had a return on equity of 12.20% and a net margin of 12.36%. On average, research analysts anticipate that Monroe Capital Corporation will post 1.14 earnings per share for the current year.

Monroe Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 15.77%. Monroe Capital's dividend payout ratio (DPR) is presently 303.03%.

Monroe Capital Company Profile

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.