Barings Participation Investors (NYSE:MPV) Stock Passes Above 50 Day Moving Average – Should You Sell?

Shares of Barings Participation Investors (NYSE:MPV) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.88 and traded as high as $17.15. Barings Participation Investors shares last traded at $17.12, with a volume of 8,858 shares traded.

Barings Participation Investors Price Performance

The firm has a 50 day moving average of $16.89 and a two-hundred day moving average of $16.45.

Barings Participation Investors Dividend Announcement

The business also recently declared a — dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 30th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a dividend yield of 8.6%.

Hedge Funds Weigh In On Barings Participation Investors

Institutional investors have recently added to or reduced their stakes in the stock. MeadowBrook Investment Advisors LLC grew its stake in shares of Barings Participation Investors by 83.7% during the second quarter. MeadowBrook Investment Advisors LLC now owns 2,140 shares of the financial services provider’s stock worth $35,000 after buying an additional 975 shares during the last quarter. MML Investors Services LLC grew its position in Barings Participation Investors by 9.4% during the 3rd quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 1,097 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Barings Participation Investors in the 2nd quarter worth about $314,000. Schwallier Wealth Management LLC raised its position in Barings Participation Investors by 2.2% in the third quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider’s stock valued at $712,000 after purchasing an additional 918 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of Barings Participation Investors by 11.3% during the second quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider’s stock worth $1,367,000 after purchasing an additional 8,390 shares during the last quarter.

Barings Participation Investors Company Profile

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.