Medley Management (NYSE:MDLY) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research lowered shares of Medley Management from a “hold” rating to a “sell” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $8.42.

Shares of Medley Management (MDLY) opened at $6.65 on Friday. The company has a debt-to-equity ratio of -1.92, a current ratio of 1.90 and a quick ratio of 1.90. Medley Management has a 1-year low of $5.50 and a 1-year high of $10.35. The company has a market cap of $204.55, a price-to-earnings ratio of 15.35 and a beta of 1.32.

Medley Management (NYSE:MDLY) last posted its earnings results on Tuesday, November 14th. The asset manager reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.03). Medley Management had a negative return on equity of 35.40% and a net margin of 3.14%. The firm had revenue of $16.65 million for the quarter, compared to analysts’ expectations of $19.00 million. During the same period in the previous year, the company earned $0.14 earnings per share. The company’s revenue was down 11.8% compared to the same quarter last year. equities research analysts anticipate that Medley Management will post 0.31 EPS for the current year.

Hedge funds have recently bought and sold shares of the company. KCG Holdings Inc. purchased a new stake in shares of Medley Management during the 1st quarter worth about $120,000. TIAA CREF Investment Management LLC boosted its stake in shares of Medley Management by 6.0% during the 1st quarter. TIAA CREF Investment Management LLC now owns 26,190 shares of the asset manager’s stock worth $217,000 after acquiring an additional 1,482 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Medley Management by 7.3% during the 1st quarter. Bank of New York Mellon Corp now owns 47,084 shares of the asset manager’s stock worth $391,000 after purchasing an additional 3,208 shares during the last quarter. Northern Trust Corp raised its position in shares of Medley Management by 0.6% during the 2nd quarter. Northern Trust Corp now owns 62,636 shares of the asset manager’s stock worth $407,000 after purchasing an additional 400 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in shares of Medley Management by 5.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 82,107 shares of the asset manager’s stock worth $534,000 after purchasing an additional 4,442 shares during the last quarter. 56.88% of the stock is currently owned by institutional investors and hedge funds.

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About Medley Management

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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