Medley Management (NYSE:MDLY) had its price target hoisted by Credit Suisse Group from $3.80 to $6.00 in a report issued on Tuesday. They currently have a neutral rating on the asset manager’s stock.

Other analysts also recently issued research reports about the company. ValuEngine raised Medley Management from a sell rating to a hold rating in a research note on Wednesday, May 23rd. Compass Point downgraded Medley Management to a hold rating in a research note on Wednesday, May 9th.

NYSE:MDLY opened at $5.45 on Tuesday. The company has a debt-to-equity ratio of -1.31, a quick ratio of 1.16 and a current ratio of 1.16. Medley Management has a 1 year low of $3.10 and a 1 year high of $7.15. The company has a market capitalization of $29.67 million, a price-to-earnings ratio of 22.29 and a beta of 1.25.

Medley Management (NYSE:MDLY) last released its quarterly earnings data on Thursday, August 9th. The asset manager reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.01). Medley Management had a negative return on equity of 10.97% and a negative net margin of 2.16%. The firm had revenue of $15.15 million during the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 6th. Shareholders of record on Thursday, August 23rd will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 14.68%. The ex-dividend date is Wednesday, August 22nd.

Large investors have recently added to or reduced their stakes in the business. Ladenburg Thalmann Financial Services Inc. increased its stake in Medley Management by 800.0% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 18,000 shares of the asset manager’s stock worth $103,000 after acquiring an additional 16,000 shares during the last quarter. Jacobs Asset Management LLC bought a new stake in Medley Management in the 1st quarter worth approximately $508,000. Highland Capital Management LP bought a new stake in Medley Management in the 2nd quarter worth approximately $1,550,000. Finally, Wells Fargo & Company MN increased its stake in Medley Management by 5.3% in the 1st quarter. Wells Fargo & Company MN now owns 332,967 shares of the asset manager’s stock worth $1,897,000 after acquiring an additional 16,690 shares during the last quarter. 64.84% of the stock is currently owned by institutional investors and hedge funds.

About Medley Management

Medley Management Inc is an investment holding company and operate and control all of the business and affairs of Medley LLC and its subsidiaries. Medley Management Inc was incorporated on June 13, 2014 and is based in New York, New York.

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