BidaskClub upgraded shares of Monroe Capital (NASDAQ:MRCC) from a strong sell rating to a sell rating in a report published on Friday.

Several other analysts also recently weighed in on MRCC. Zacks Investment Research upgraded Monroe Capital from a sell rating to a hold rating in a research note on Thursday, November 9th. National Securities reiterated a buy rating and set a $17.00 target price on shares of Monroe Capital in a research note on Monday, November 13th. Finally, TheStreet upgraded Monroe Capital from a c+ rating to a b rating in a research note on Monday, November 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $16.67.

Shares of Monroe Capital (MRCC) opened at $13.54 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $274.05, a P/E ratio of 13.82 and a beta of 0.54. Monroe Capital has a 52 week low of $12.81 and a 52 week high of $16.20.

A number of institutional investors and hedge funds have recently modified their holdings of MRCC. Atlantic Trust Group LLC purchased a new stake in Monroe Capital during the 3rd quarter valued at $2,056,000. Sumitomo Mitsui Asset Management Company LTD boosted its stake in Monroe Capital by 14.8% during the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 462,399 shares of the financial services provider’s stock valued at $6,616,000 after purchasing an additional 59,617 shares during the last quarter. Rothschild Investment Corp IL boosted its stake in Monroe Capital by 132.8% during the 4th quarter. Rothschild Investment Corp IL now owns 84,150 shares of the financial services provider’s stock valued at $1,157,000 after purchasing an additional 48,000 shares during the last quarter. Mckinley Capital Management LLC Delaware boosted its stake in Monroe Capital by 55.2% during the 3rd quarter. Mckinley Capital Management LLC Delaware now owns 127,539 shares of the financial services provider’s stock valued at $1,825,000 after purchasing an additional 45,346 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in Monroe Capital by 29.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 128,178 shares of the financial services provider’s stock valued at $1,834,000 after purchasing an additional 29,509 shares during the last quarter. Institutional investors and hedge funds own 28.67% of the company’s stock.

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About Monroe Capital

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.

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