Monroe Capital (NASDAQ:MRCC) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Saturday.

A number of other equities research analysts have also recently commented on the stock. Zacks Investment Research cut shares of Monroe Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. National Securities reiterated a “buy” rating and issued a $17.00 target price on shares of Monroe Capital in a research report on Monday, November 13th. Finally, TheStreet upgraded shares of Monroe Capital from a “c+” rating to a “b” rating in a research report on Monday, November 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Monroe Capital has a consensus rating of “Hold” and a consensus price target of $16.50.

Shares of Monroe Capital (MRCC) traded up $0.19 during midday trading on Friday, hitting $14.05. 93,327 shares of the stock were exchanged, compared to its average volume of 112,260. The firm has a market capitalization of $288.27, a PE ratio of 14.34 and a beta of 0.56. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.01 and a quick ratio of 1.01. Monroe Capital has a 1-year low of $13.32 and a 1-year high of $16.20.

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in shares of Monroe Capital in the second quarter valued at about $114,000. Stifel Financial Corp purchased a new stake in shares of Monroe Capital in the third quarter valued at about $143,000. Citadel Advisors LLC purchased a new stake in shares of Monroe Capital in the third quarter valued at about $144,000. Financial Counselors Inc. purchased a new stake in shares of Monroe Capital in the second quarter valued at about $156,000. Finally, Spectrum Management Group Inc. purchased a new stake in shares of Monroe Capital in the third quarter valued at about $172,000. Institutional investors and hedge funds own 29.29% of the company’s stock.

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Monroe Capital Company Profile

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.

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