About Barings Corporate Investors (NYSE:MCI)
Barings Corporate Investors (the Trust), formerly Babson Capital Corporate Investors, is a closed-end management investment company. The Trust's investment objective is to maintain a portfolio of securities providing a fixed yield and at the same time offering an opportunity for capital gains. The Trust's principal investments are privately placed, below-investment grade, long-term debt obligations. These placement securities may include equity features, such as warrants, conversion rights or other equity features and preferred stocks. In addition, the Trust may invest in marketable investment grade debt securities, other marketable debt securities (including high yield securities) and marketable common stocks. Its portfolio includes public debt, public bank loans, cash and short-term investments, private/restricted equity, public equity and private debt. Barings LLC is the Trust's investment advisor.
Industry, Sector and Symbol:
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NYSE:MCI
- CUSIP: N/A
- Web: N/A
- Annual Dividend: $1.20
- Dividend Yield: 7.8%
- Outstanding Shares: 19,830,000
Frequently Asked Questions for Barings Corporate Investors (NYSE:MCI)
What is Barings Corporate Investors' stock symbol?
Barings Corporate Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCI."
How often does Barings Corporate Investors pay dividends? What is the dividend yield for Barings Corporate Investors?
Barings Corporate Investors announced a quarterly dividend on Monday, October 23rd. Investors of record on Monday, October 30th will be paid a dividend of $0.30 per share on Friday, November 10th. This represents a $1.20 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date of this dividend is Friday, October 27th. View Barings Corporate Investors' Dividend History.
Who are some of Barings Corporate Investors' key competitors?
Some companies that are related to Barings Corporate Investors include Peoples Bancorp (PEBO), Peapack-Gladstone Financial Corporation (PGC), Mercantile Bank Corporation (MBWM), Altisource Residential Corporation (RESI), Heritage Commerce Corp (HTBK), Fidelity Southern Corporation (LION), Byline Bancorp (BY), CatchMark Timber Trust (CTT), Allied Mind Ltd (ALLWF), Blue Hills Bancorp (BHBK), Whitestone REIT (WSR), The Bancorp (TBBK), Anworth Mortgage Asset Corporation (ANH), AG Mortgage Investment Trust (MITT), First Defiance Financial Corp. (FDEF), People's Utah Bancorp (PUB), China Rapid Finance Limited Sponsored ADR (XRF) and Arbor Realty Trust (ABR).
Who owns Barings Corporate Investors stock?
Barings Corporate Investors' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
(8.70%), Curbstone Financial Management Corp (1.77%), Barings LLC (1.11%), Benjamin F. Edwards & Company Inc. (0.25%), MUFG Americas Holdings Corp (0.24%) and Cambridge Investment Research Advisors Inc. (0.19%). Company insiders that own Barings Corporate Investors stock include Barbara Ginader, Clifford M Noreen, Edward P Grace III, Michael Harlan Brown, Robert David Erwin, Robert Eugene Joyal, Roger W Crandall, Susan B Sweeney and William J Barrett. View Institutional Ownership Trends for Barings Corporate Investors.
Who sold Barings Corporate Investors stock? Who is selling Barings Corporate Investors stock?
Barings Corporate Investors' stock was sold by a variety of institutional investors in the last quarter, including MUFG Americas Holdings Corp, Cambridge Investment Research Advisors Inc. and Klingman & Associates LLC. Company insiders that have sold Barings Corporate Investors company stock in the last year include Robert David Erwin and Robert Eugene Joyal. View Insider Buying and Selling for Barings Corporate Investors.
Who bought Barings Corporate Investors stock? Who is buying Barings Corporate Investors stock?
Barings Corporate Investors' stock was acquired by a variety of institutional investors in the last quarter, including Barings LLC, Curbstone Financial Management Corp, Huntington National Bank, Wells Fargo & Company MN, Advisor Group Inc. and Benjamin F. Edwards & Company Inc.. Company insiders that have bought Barings Corporate Investors stock in the last two years include Barbara Ginader, Clifford M Noreen, Edward P Grace III, Michael Harlan Brown, Roger W Crandall and Susan B Sweeney. View Insider Buying and Selling for Barings Corporate Investors.
How do I buy Barings Corporate Investors stock?
Shares of Barings Corporate Investors can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Barings Corporate Investors' stock price today?
One share of Barings Corporate Investors stock can currently be purchased for approximately $15.38.
How big of a company is Barings Corporate Investors?
Barings Corporate Investors has a market capitalization of $305.38 million.
MarketBeat Community Rating for Barings Corporate Investors (MCI)MarketBeat's community ratings are surveys of what our community members think about Barings Corporate Investors and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Barings Corporate Investors (NYSE:MCI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Barings Corporate Investors (NYSE:MCI)
Analysts' Ratings History for Barings Corporate Investors (NYSE:MCI)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Barings Corporate Investors (NYSE:MCI)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Barings Corporate Investors (NYSE:MCI)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Barings Corporate Investors (NYSE:MCI)
|Most Recent Dividend:||11/10/2017|
|Dividend Growth:||0.00% (3 Year Average)|
Dividend History by Quarter for Barings Corporate Investors (NYSE MCI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Barings Corporate Investors (NYSE MCI)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 10.23%
Insider Trades by Quarter for Barings Corporate Investors (NYSE MCI)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/7/2017||Susan B Sweeney||Insider||Buy||3,500||$15.80||$55,300.00|| |
|8/31/2017||Robert Eugene Joyal||Insider||Sell||10,000||$15.62||$156,200.00|| |
|7/26/2017||Barbara Ginader||Insider||Buy||900||$15.51||$13,959.00|| |
|7/24/2017||Edward P Grace III||Insider||Buy||1,900||$15.42||$29,298.00|| |
|6/8/2017||Robert David Erwin||Insider||Sell||2,593||$15.14||$39,258.02|| |
|6/6/2017||Robert David Erwin||Insider||Sell||3,000||$15.17||$45,510.00|| |
|6/2/2017||Robert David Erwin||Insider||Sell||1,000||$15.16||$15,160.00|| |
|5/30/2017||Robert David Erwin||Insider||Sell||50||$15.15||$757.50|| |
|2/16/2017||Roger W Crandall||Insider||Buy||3,000||$14.62||$43,860.00|| |
|2/14/2017||Roger W Crandall||Insider||Buy||3,000||$14.62||$43,860.00|| |
|2/13/2017||Michael Harlan Brown||Insider||Buy||2,000||$14.70||$29,400.00|| |
|2/10/2017||Clifford M Noreen||Chairman||Buy||10,000||$14.65||$146,500.00|| |
|2/10/2017||Edward P Grace III||Insider||Buy||100||$14.60||$1,460.00|| |
|2/2/2017||Clifford M Noreen||Insider||Buy||10,000||$14.79||$147,900.00|| |
|1/27/2017||Edward P Grace III||Insider||Buy||3,500||$14.68||$51,380.00|| |
|3/15/2016||William J Barrett||Insider||Sell||1,652||$17.54||$28,976.08|| |
|1/14/2016||William J Barrett||Insider||Sell||3,540||$17.40||$61,596.00|| |
|1/12/2016||William J Barrett||Insider||Sell||450||$17.40||$7,830.00|| |
|12/30/2015||William J Barrett||Insider||Sell||2,023||$17.60||$35,604.80|| |
|12/29/2015||William J Barrett||Insider||Sell||325||$17.60||$5,720.00|| |
|12/28/2015||William J. Barrett||insider||Sell||4,018||$17.56||$70,556.08|| |
|12/24/2015||William J. Barrett||insider||Sell||6,974||$17.50||$122,045.00|| |
|12/23/2015||William J. Barrett||insider||Sell||655||$17.47||$11,442.85|| |
|12/21/2015||William J Barrett||Insider||Sell||5,000||$17.25||$86,250.00|| |
|12/18/2015||William J Barrett||Insider||Sell||526||$17.21||$9,052.46|| |
|12/2/2015||William J Barrett||Insider||Sell||3,574||$17.20||$61,472.80|| |
|11/23/2015||Edward P. Grace III||insider||Sell||1,000||$17.31||$17,310.00|| |
|11/18/2015||Edward P Grace III||Insider||Sell||2,500||$17.74||$44,350.00|| |
|6/11/2015||Thomas F Finke||Insider||Sell||2,000||$16.00||$32,000.00|| |
|3/3/2015||Barbara Ginader||Insider||Buy||1,614||$16.10||$25,985.40|| |
|5/28/2014||Barbara Ginader||Insider||Buy||2,000||$15.34||$30,680.00|| |
|4/30/2014||Barbara Ginader||Insider||Buy||2,000||$15.27||$30,540.00|| |
|4/21/2014||Michael Harlan Brown||Insider||Buy||1,000||$15.05||$15,050.00|| |
|1/2/2013||Michael Harlan Brown||Insider||Buy||1,000||$15.56||$15,560.00|| |
Latest Headlines for Barings Corporate Investors (NYSE MCI)
Barings Corporate Investors (NYSE MCI) Chart for Wednesday, November, 22, 2017