As Main Street Capital Corp (NYSE:MAIN) Price Declined, Muzinich & Company Lowered Its Position by $17.27 Million

May 17, 2018 - By James Douglas

Main Street Capital Corporation (NYSE:MAIN) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.05. That’s change of 0.28, from 2017Q3’s 1.33. 11 investors sold all, 45 reduced holdings as MAIN ratio dropped. 45 grew positions while 14 funds took positions. Funds hold 13.85 million shares thus 2.43% less from 2017Q3’s 14.20 million shares. Advisory holds 0.1% of its capital in Main Street Capital Corporation (NYSE:MAIN) for 148,135 shs. Moreover, Price T Rowe Assocs Md has 0.01% invested in Main Street Capital Corporation (NYSE:MAIN). Fifth Third Comml Bank holds 0% or 7,200 shs. Sequent Asset Ltd Liability, Texas-based fund reported 30,807 shs. Stratos Wealth Prns reported 56,521 shs. Cetera Advsr Lc has invested 0.07% of its capital in Main Street Capital Corporation (NYSE:MAIN). Shamrock Asset Mgmt Limited reported 2,220 shs. Eqis Capital Mngmt reported 6,195 shs. Kempner Cap invested in 0.14% or 5,500 shs. Kistler holds 160 shs or 0% of its capital. Cibc World holds 20,255 shs or 0% of its capital. Janney Montgomery Scott has 13,717 shs for 0.01% of their capital. Optimum Investment holds 0.4% or 31,605 shs. First City Cap Mngmt holds 12,200 shs. Raymond James & Assocs has invested 0.01% of its capital in Main Street Capital Corporation (NYSE:MAIN).

The stake In Main Street Capital Corp (NYSE:MAIN) held by Muzinich & Company was decreased. According to 2018Q1 Securities and Exchange filling the reduction is 25.29%. 479,606 shares were sold by Muzinich & Company as the company’s stock declined 7.91% with the market. At the end of 2018Q1, the institutional investor held 1.42M shares of the company, priced at $52.28 million, down from 1.90M at the end of the previous reported quarter. Muzinich & Company has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Muzinich & Company is a New York-based institutional investor with more than $22.20 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Muzinich & latest Adv, the fund reported to have 47 full and part-time employees. Among which 18 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Total analysts of 4 have positions in Main Street Capital (NYSE:MAIN) as follows: 2 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 50%. Since February 26, 2018 according to StockzIntelligence Inc Main Street Capital has 4 analyst reports. On Monday, February 26 the stock of Main Street Capital Corporation (NYSE:MAIN) earned “Neutral” rating by National Securities. In Tuesday, March 27 report FBR Capital initiated the stock with “Buy” rating. The company rating was maintained by SunTrust on Monday, February 26.

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 $2.28 billion market cap. 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.The P/E ratio is 12.73. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

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

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