Homrich & Berg raised its position in Main Street Capital Corporation (NYSE:MAIN) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,432 shares of the financial services provider’s stock after buying an additional 363 shares during the period. Homrich & Berg owned approximately 0.07% of Main Street Capital Corporation worth $1,440,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MAIN. Muzinich & Co. Inc. boosted its stake in shares of Main Street Capital Corporation by 83.4% in the first quarter. Muzinich & Co. Inc. now owns 2,179,673 shares of the financial services provider’s stock worth $83,416,000 after buying an additional 991,007 shares during the period. Macquarie Group Ltd. boosted its stake in shares of Main Street Capital Corporation by 2.0% in the first quarter. Macquarie Group Ltd. now owns 997,894 shares of the financial services provider’s stock worth $38,189,000 after buying an additional 19,559 shares during the period. UBS Group AG boosted its stake in shares of Main Street Capital Corporation by 90.7% in the first quarter. UBS Group AG now owns 663,492 shares of the financial services provider’s stock worth $25,392,000 after buying an additional 315,622 shares during the period. Usca Ria LLC boosted its stake in shares of Main Street Capital Corporation by 127.4% in the second quarter. Usca Ria LLC now owns 372,302 shares of the financial services provider’s stock worth $14,319,000 after buying an additional 208,555 shares during the period. Finally, M&T Bank Corp acquired a new stake in shares of Main Street Capital Corporation during the first quarter worth $12,791,000. 26.34% of the stock is owned by hedge funds and other institutional investors.

Shares of Main Street Capital Corporation (MAIN) traded up 0.20% during trading on Tuesday, reaching $39.39. 45,209 shares of the company’s stock were exchanged. The company has a 50 day moving average of $39.16 and a 200 day moving average of $38.47. The firm has a market capitalization of $2.24 billion, a P/E ratio of 12.94 and a beta of 1.04. Main Street Capital Corporation has a 52-week low of $32.12 and a 52-week high of $40.86.

Main Street Capital Corporation (NYSE:MAIN) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.05. Main Street Capital Corporation had a net margin of 86.36% and a return on equity of 10.24%. The firm had revenue of $50.30 million for the quarter, compared to the consensus estimate of $47.82 million. During the same period in the previous year, the company earned $0.54 earnings per share. The company’s quarterly revenue was up 17.2% on a year-over-year basis. Equities analysts anticipate that Main Street Capital Corporation will post $2.30 earnings per share for the current fiscal year.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 21st will be issued a $0.19 dividend. The ex-dividend date of this dividend is Monday, November 20th. This represents a $2.28 annualized dividend and a dividend yield of 5.80%. Main Street Capital Corporation’s dividend payout ratio is currently 72.79%.

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A number of analysts recently weighed in on MAIN shares. National Securities reaffirmed a “sell” rating and set a $33.00 price target on shares of Main Street Capital Corporation in a research report on Tuesday, August 8th. BidaskClub cut shares of Main Street Capital Corporation from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Zacks Investment Research raised shares of Main Street Capital Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. FBR & Co reaffirmed a “hold” rating and set a $38.00 price target on shares of Main Street Capital Corporation in a research report on Monday, May 8th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $40.00 price target (up from $35.00) on shares of Main Street Capital Corporation in a research report on Thursday, May 18th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Main Street Capital Corporation currently has a consensus rating of “Hold” and a consensus price target of $38.98.

Main Street Capital Corporation Company Profile

Main Street Capital Corporation (MSCC) is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Company’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.

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Institutional Ownership by Quarter for Main Street Capital Corporation (NYSE:MAIN)

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