Medley Capital (NYSE:MCC) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.

Several other equities research analysts also recently commented on MCC. Zacks Investment Research downgraded Medley Capital from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. National Securities restated a “neutral” rating and set a $6.00 price target on shares of Medley Capital in a research note on Monday, August 14th. Jefferies Group restated a “hold” rating and set a $6.50 price target on shares of Medley Capital in a research note on Wednesday, August 16th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $7.00 price target on shares of Medley Capital in a research note on Wednesday, August 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $7.00.

Shares of Medley Capital (NYSE MCC) opened at $5.76 on Friday. Medley Capital has a twelve month low of $5.53 and a twelve month high of $8.05. The company has a market capitalization of $313.77, a PE ratio of 7.68, a P/E/G ratio of 1.74 and a beta of 1.21. The company has a debt-to-equity ratio of 1.07, a current ratio of 10.33 and a quick ratio of 10.33.

Several institutional investors have recently added to or reduced their stakes in the business. Ares Management LLC grew its stake in shares of Medley Capital by 0.5% during the 2nd quarter. Ares Management LLC now owns 966,210 shares of the investment management company’s stock valued at $6,174,000 after purchasing an additional 4,500 shares during the period. Sumitomo Mitsui Asset Management Company LTD grew its stake in shares of Medley Capital by 9.7% during the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 574,068 shares of the investment management company’s stock valued at $3,427,000 after purchasing an additional 50,761 shares during the period. Van ECK Associates Corp grew its stake in shares of Medley Capital by 7.8% during the 2nd quarter. Van ECK Associates Corp now owns 448,995 shares of the investment management company’s stock valued at $2,869,000 after purchasing an additional 32,430 shares during the period. Roumell Asset Management LLC bought a new stake in shares of Medley Capital during the 3rd quarter valued at about $2,602,000. Finally, Advisors Asset Management Inc. grew its stake in shares of Medley Capital by 31.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 398,117 shares of the investment management company’s stock valued at $2,544,000 after purchasing an additional 94,909 shares during the period. Institutional investors and hedge funds own 29.37% of the company’s stock.

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Medley Capital 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Medley Capital (NYSE:MCC)

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