Are Analysts Bullish about Main Street Capital Corporation (NYSE:MAIN) after last week?

June 17, 2018 - By Henry Gaston

Main Street Capital Corporation (NYSE:MAIN) LogoInvestors sentiment increased to 1.15 in Q1 2018. Its up 0.10, from 1.05 in 2017Q4. It is positive, as 16 investors sold Main Street Capital Corporation shares while 46 reduced holdings. 23 funds opened positions while 48 raised stakes. 12.88 million shares or 7.02% less from 13.85 million shares in 2017Q4 were reported.
Raymond James And Assocs has invested 0.01% in Main Street Capital Corporation (NYSE:MAIN). Fifth Third Commercial Bank accumulated 0% or 6,600 shares. Archford Cap Strategies Ltd Liability Co has invested 0.64% in Main Street Capital Corporation (NYSE:MAIN). First Republic Investment Mngmt has invested 0.02% in Main Street Capital Corporation (NYSE:MAIN). Hl Fincl Ser Limited Com invested in 24,629 shares. Moreover, Finance Architects Inc has 0.01% invested in Main Street Capital Corporation (NYSE:MAIN). Jpmorgan Chase Com reported 44,584 shares. Callahan Advsrs Limited Liability holds 0.08% of its portfolio in Main Street Capital Corporation (NYSE:MAIN) for 11,176 shares. The Pennsylvania-based Pnc Fincl Svcs Gp has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Commercial Bank Of America Corp De reported 0% stake. Manufacturers Life Ins The has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Hightower Advisors reported 103,446 shares stake. Deutsche Natl Bank Ag has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Clearbridge Limited Liability holds 0.21% or 261,086 shares. 69,403 are owned by Wells Fargo & Mn.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Among 4 analysts covering Main Street Capital (NYSE:MAIN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Main Street Capital had 4 analyst reports since February 26, 2018 according to SRatingsIntel. National Securities upgraded the shares of MAIN in report on Monday, February 26 to “Neutral” rating. SunTrust maintained the stock with “Hold” rating in Monday, February 26 report. As per Tuesday, March 27, the company rating was initiated by FBR Capital. Below is a list of Main Street Capital Corporation (NYSE:MAIN) latest ratings and price target changes.

28/03/2018 Broker: B. Riley & Co Rating: Buy New Target: $40 Initiates Coverage On
27/03/2018 Broker: FBR Capital Rating: Buy New Target: $40.0000 Initiate
26/02/2018 Broker: SunTrust Rating: Hold New Target: $37.0 Maintain
26/02/2018 Broker: National Securities Old Rating: Sell New Rating: Neutral Upgrade

The stock decreased 0.15% or $0.06 during the last trading session, reaching $38.8. About 202,311 shares traded. Main Street Capital Corporation (NYSE:MAIN) has risen 1.26% since June 17, 2017 and is uptrending. It has underperformed by 11.31% the S&P500.

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies. The company has market cap of $2.31 billion. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It has a 12.89 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Seekingalpha.com which released: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” on May 30, 2018, also Fool.com with their article: “Better Buy: Main Street Capital Corporation (MAIN) vs. Apollo Investment Corp. (AINV)” published on May 22, 2018, Seekingalpha.com published: “Main Street boosts credit line by $70M, extends maturity to 2023” on June 06, 2018. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Seekingalpha.com and their article: “Main Street Capital’s NAV, Valuation, And Dividend Compared To 13 BDC Peers (Post Q1 2018 Earnings) – Part 1” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Main Street Capital: The Engine For American Growth” with publication date: May 22, 2018.

Main Street Capital Corporation (NYSE:MAIN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: