Medley Capital Corporation (NYSE:MCC) has been given an average recommendation of “Hold” by the eight analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $7.00.

A number of research firms recently commented on MCC. Jefferies Group LLC restated a “hold” rating and issued a $6.50 price objective on shares of Medley Capital Corporation in a report on Wednesday, August 16th. National Securities restated a “neutral” rating and issued a $6.00 price objective on shares of Medley Capital Corporation in a report on Monday, August 14th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $7.00 price objective on shares of Medley Capital Corporation in a report on Wednesday, August 16th. Zacks Investment Research upgraded Medley Capital Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. Finally, ValuEngine upgraded Medley Capital Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st.

Shares of Medley Capital Corporation (MCC) traded up 0.17% on Wednesday, reaching $5.76. 41,843 shares of the company’s stock were exchanged. The firm’s 50 day moving average price is $5.87 and its 200-day moving average price is $6.32. Medley Capital Corporation has a 12 month low of $5.53 and a 12 month high of $8.06.

Medley Capital Corporation (NYSE:MCC) last released its quarterly earnings data on Wednesday, August 9th. The investment management company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. Medley Capital Corporation had a positive return on equity of 8.04% and a negative net margin of 6.07%. The firm had revenue of $23.70 million for the quarter, compared to the consensus estimate of $24.67 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. On average, analysts expect that Medley Capital Corporation will post $0.68 EPS for the current year.

A number of hedge funds have recently made changes to their positions in MCC. Stifel Financial Corp grew its holdings in Medley Capital Corporation by 153.3% during the first quarter. Stifel Financial Corp now owns 27,840 shares of the investment management company’s stock valued at $214,000 after purchasing an additional 16,850 shares during the last quarter. Legal & General Group Plc grew its holdings in Medley Capital Corporation by 5.2% during the first quarter. Legal & General Group Plc now owns 127,876 shares of the investment management company’s stock valued at $983,000 after purchasing an additional 6,295 shares during the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Medley Capital Corporation during the first quarter valued at approximately $182,000. Marshall Wace North America L.P. acquired a new position in Medley Capital Corporation during the first quarter valued at approximately $182,000. Finally, Aperio Group LLC acquired a new position in Medley Capital Corporation during the second quarter valued at approximately $246,000. Institutional investors own 29.14% of the company’s stock.

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Medley Capital Corporation Company Profile

Medley Capital Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation by lending directly to privately-held middle market companies, primarily through directly originated transactions to help these companies expand their business, refinance and make acquisitions.

Analyst Recommendations for Medley Capital Corporation (NYSE:MCC)

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