Marshall Wace LLP Takes Position in Monroe Capital Co. (NASDAQ:MRCC)

Marshall Wace LLP purchased a new position in Monroe Capital Co. (NASDAQ:MRCC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 51,711 shares of the financial services provider's stock, valued at approximately $440,000. Marshall Wace LLP owned 0.24% of Monroe Capital at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC raised its holdings in shares of Monroe Capital by 166.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 10,854 shares of the financial services provider's stock valued at $92,000 after acquiring an additional 6,773 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Monroe Capital by 13.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,688 shares of the financial services provider's stock valued at $108,000 after purchasing an additional 1,486 shares in the last quarter. Aspiriant LLC increased its holdings in Monroe Capital by 18.2% during the fourth quarter. Aspiriant LLC now owns 13,000 shares of the financial services provider's stock valued at $110,000 after buying an additional 2,000 shares during the period. Strategic Financial Concepts LLC bought a new position in Monroe Capital in the fourth quarter worth approximately $144,000. Finally, Garden State Investment Advisory Services LLC boosted its position in Monroe Capital by 39.5% during the 4th quarter. Garden State Investment Advisory Services LLC now owns 36,276 shares of the financial services provider's stock valued at $308,000 after acquiring an additional 10,270 shares in the last quarter.

Analyst Ratings Changes

MRCC has been the subject of a number of analyst reports. Oppenheimer decreased their price objective on 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. StockNews.com cut shares of Monroe Capital from a "buy" rating to a "hold" rating in a report on Monday, March 3rd.

Monroe Capital Trading Up 2.3 %

Shares of NASDAQ:MRCC opened at $7.02 on Friday. 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 firm has a market capitalization of $152.10 million, a P/E ratio of 11.70 and a beta of 0.91. The business's 50-day moving average is $7.56 and its 200 day moving average is $8.09. Monroe Capital Co. has a 1 year low of $6.44 and a 1 year high of $8.85.

Monroe Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 14.25%. The ex-dividend date was Friday, March 14th. Monroe Capital's dividend payout ratio (DPR) is presently 222.22%.

Monroe Capital 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.

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