MMA Capital Management, LLC (MMAC) Stake Maintained by Royal Bank of Canada
Royal Bank of Canada held its stake in MMA Capital Management, LLC (NASDAQ:MMAC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,136 shares of the financial services provider’s stock at the close of the 2nd quarter. Royal Bank of Canada owned about 1.15% of MMA Capital Management worth $1,534,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Catalyst Capital Advisors LLC boosted its position in shares of MMA Capital Management by 20.9% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 46,780 shares of the financial services provider’s stock valued at $1,034,000 after acquiring an additional 8,093 shares during the last quarter. Hedge funds and other institutional investors own 11.27% of the company’s stock.
Shares of MMA Capital Management, LLC (NASDAQ MMAC) opened at 24.30 on Wednesday. MMA Capital Management, LLC has a 12 month low of $17.33 and a 12 month high of $25.60. The company has a market cap of $142.20 million, a P/E ratio of 5.94 and a beta of 1.30. The stock’s 50 day moving average price is $24.94 and its 200-day moving average price is $23.82.
MMA Capital Management (NASDAQ:MMAC) last released its earnings results on Wednesday, August 9th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter. MMA Capital Management had a return on equity of 9.02% and a net margin of 66.67%. The firm had revenue of $10.97 million during the quarter.
About MMA Capital Management
MMA Capital Management, LLC, formerly Municipal Mortgage & Equity, LLC, partners with institutional capital to create and manage investments in housing and renewable energy. The Company operates through three segments: United States (U.S.) Operations, International Operations and Corporate Operations.
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