KCG Holdings Inc. acquired a new stake in shares of Medley Management Inc (NASDAQ:MDLY) during the first quarter, Holdings Channel reports. The firm acquired 14,409 shares of the company’s stock, valued at approximately $120,000.

Several other hedge funds have also recently made changes to their positions in the stock. Renaissance Technologies LLC raised its stake in shares of Medley Management by 10.6% in the first quarter. Renaissance Technologies LLC now owns 132,470 shares of the company’s stock valued at $1,100,000 after buying an additional 12,722 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Medley Management by 7.3% in the first quarter. Bank of New York Mellon Corp now owns 47,084 shares of the company’s stock valued at $391,000 after buying an additional 3,208 shares in the last quarter. West Family Investments Inc. bought a new stake in shares of Medley Management during the first quarter valued at approximately $333,000. TIAA CREF Investment Management LLC increased its stake in shares of Medley Management by 6.0% in the first quarter. TIAA CREF Investment Management LLC now owns 26,190 shares of the company’s stock valued at $217,000 after buying an additional 1,482 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of Medley Management by 217.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 14,948 shares of the company’s stock valued at $124,000 after buying an additional 10,232 shares in the last quarter.

Shares of Medley Management Inc (NASDAQ:MDLY) traded down 0.80% during midday trading on Thursday, hitting $6.20. The stock had a trading volume of 1,073 shares. The firm has a market capitalization of $34.96 million and a PE ratio of 68.89. The firm’s 50-day moving average price is $6.43 and its 200-day moving average price is $7.60. Medley Management Inc has a one year low of $5.60 and a one year high of $10.65.

Medley Management (NASDAQ:MDLY) last announced its quarterly earnings data on Thursday, August 10th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $16.40 million during the quarter, compared to analyst estimates of $17.97 million. During the same period in the previous year, the business posted $0.14 earnings per share. The firm’s revenue for the quarter was down 23.0% compared to the same quarter last year. On average, equities analysts predict that Medley Management Inc will post $0.51 EPS for the current year.

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Several equities research analysts have recently commented on MDLY shares. Keefe, Bruyette & Woods set a $7.00 target price on Medley Management and gave the company a “hold” rating in a report on Friday, May 12th. Ladenburg Thalmann Financial Services downgraded Medley Management from a “buy” rating to a “neutral” rating in a report on Monday, May 15th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $9.21.

Medley Management Company Profile

Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.

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Institutional Ownership by Quarter for Medley Management (NASDAQ:MDLY)

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