Lindbrook Capital LLC Has $53,000 Stock Holdings in Monroe Capital Co. (NASDAQ:MRCC)

Lindbrook Capital LLC lowered its holdings in shares of Monroe Capital Co. (NASDAQ:MRCC) by 21.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,500 shares of the financial services provider’s stock after selling 2,000 shares during the period. Lindbrook Capital LLC’s holdings in Monroe Capital were worth $53,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. National Bank of Canada FI boosted its stake in Monroe Capital by 48.8% during the third quarter. National Bank of Canada FI now owns 94,903 shares of the financial services provider’s stock worth $692,000 after acquiring an additional 31,114 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Monroe Capital by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 134,631 shares of the financial services provider’s stock valued at $1,003,000 after acquiring an additional 1,703 shares in the last quarter. Stratos Wealth Advisors LLC acquired a new position in shares of Monroe Capital during the third quarter worth approximately $112,000. GYL Financial Synergies LLC grew its position in Monroe Capital by 34.2% in the 3rd quarter. GYL Financial Synergies LLC now owns 20,635 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 5,254 shares during the period. Finally, Cobblestone Capital Advisors LLC NY grew its position in Monroe Capital by 14.7% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 15,295 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 1,960 shares during the period.

Analyst Ratings Changes

MRCC has been the topic of several research reports. LADENBURG THALM/SH SH lowered their price objective on shares of Monroe Capital from $9.50 to $9.00 and set a “buy” rating on the stock in a report on Wednesday, March 13th. StockNews.com raised shares of Monroe Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, March 20th.

Monroe Capital Price Performance

MRCC opened at $7.30 on Friday. The firm’s fifty day moving average price is $7.21 and its two-hundred day moving average price is $7.16. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 1.48. Monroe Capital Co. has a 1 year low of $6.69 and a 1 year high of $8.85.

Monroe Capital (NASDAQ:MRCC) last posted its quarterly earnings data on Monday, March 11th. The financial services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). Monroe Capital had a net margin of 0.58% and a return on equity of 11.24%. The firm had revenue of $15.50 million during the quarter, compared to analysts’ expectations of $16.37 million. On average, equities analysts anticipate that Monroe Capital Co. will post 1.02 EPS for the current year.

Monroe Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.00 dividend on an annualized basis and a yield of 13.70%. Monroe Capital’s dividend payout ratio (DPR) is presently 5,002.50%.

About Monroe Capital

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.