Mestek Inc Stock as Institutional Investors Enter

June 13, 2018 - By Kurt Siggers

Sentiment for Mestek Inc (NYSE:MCC)

Mestek Inc (NYSE:MCC) institutional sentiment increased to 0.81 in Q1 2018. Its up 0.10, from 0.71 in 2017Q4. The ratio improved, as 30 institutional investors increased and started new equity positions, while 37 reduced and sold their stock positions in Mestek Inc. The institutional investors in our partner’s database now own: 12.44 million shares, down from 14.32 million shares in 2017Q4. Also, the number of institutional investors holding Mestek Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 17 Reduced: 20 Increased: 17 New Position: 13.

Medley Capital Corporation is a business development company. The company has market cap of $184.67 million. The fund seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It currently has negative earnings. It primarily invests in the following sectors: business services; buildings and real estate; automobile; gas and oil; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products ; beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.

It closed at $3.39 lastly. It is down 40.90% since June 13, 2017 and is downtrending. It has underperformed by 53.47% the S&P500.

Analysts await Medley Capital Corporation (NYSE:MCC) to report earnings on August, 8. They expect $0.09 earnings per share, down 50.00 % or $0.09 from last year’s $0.18 per share. MCC’s profit will be $4.90 million for 9.42 P/E if the $0.09 EPS becomes a reality. After $0.07 actual earnings per share reported by Medley Capital Corporation for the previous quarter, Wall Street now forecasts 28.57 % EPS growth.

Roumell Asset Management Llc holds 9.77% of its portfolio in Medley Capital Corporation for 1.11 million shares. Silver Capital Management Llc owns 15,269 shares or 1.17% of their US portfolio. Moreover, American Financial Group Inc has 0.86% invested in the company for 2.27 million shares. The Arizona-based Cue Financial Group Inc. has invested 0.5% in the stock. West Family Investments Inc., a Illinois-based fund reported 367,236 shares.

Medley Capital Corporation (NYSE:MCC) Ratings Coverage

Ratings analysis reveals 0 of Medley Capital Corp’s analysts are positive. Out of 2 Wall Street analysts rating Medley Capital Corp, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $4.5000 while the high is $5.0. The stock’s average target of $4.75 is 40.12% above today’s ($3.39) share price. MCC was included in 3 notes of analysts from February 6, 2018. The rating was maintained by Jefferies with “Hold” on Tuesday, April 17. Jefferies maintained Medley Capital Corporation (NYSE:MCC) on Tuesday, February 6 with “Hold” rating. The firm earned “Equal-Weight” rating on Wednesday, February 7 by Barclays Capital.

More recent Medley Capital Corporation (NYSE:MCC) news were published by: which released: “Sierra Total Return Fund Announces Q3 2018 Distribution” on June 04, 2018. Also published the news titled: “Main Street Capital’s NAV, Valuation, And Dividend Compared To 13 BDC Peers (Post Q1 2018 Earnings) – Part 1” on May 24, 2018.‘s news article titled: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” with publication date: May 30, 2018 was also an interesting one.

Medley Capital Corporation (NYSE:MCC) Institutional Positions Chart

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