Main Street Capital Corporation (MAIN) : Archford Capital Strategies reduced its stake in Main Street Capital Corporation by 0.33% during the most recent quarter end. The investment management company now holds a total of 37,474 shares of Main Street Capital Corporation which is valued at $1,364,054 after selling 125 shares in Main Street Capital Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Main Street Capital Corporation makes up approximately 0.57% of Archford Capital Strategies’s portfolio.
Other Hedge Funds, Including , Two Sigma Advisers Lp added MAIN to its portfolio by purchasing 106,595 company shares during the most recent quarter which is valued at $3,880,058. Main Street Capital Corporation makes up approx 0.02% of Two Sigma Advisers Lp’s portfolio.Baird Financial Group reduced its stake in MAIN by selling 4,967 shares or 4.68% in the most recent quarter. The Hedge Fund company now holds 101,246 shares of MAIN which is valued at $3,644,856. Main Street Capital Corporation makes up approx 0.03% of Baird Financial Group’s portfolio.Argentus Capital Management boosted its stake in MAIN in the latest quarter, The investment management firm added 4,886 additional shares and now holds a total of 16,670 shares of Main Street Capital Corporation which is valued at $544,276. Main Street Capital Corporation makes up approx 0.22% of Argentus Capital Management’s portfolio.Silver Capital Management reduced its stake in MAIN by selling 300 shares or 1.3% in the most recent quarter. The Hedge Fund company now holds 22,740 shares of MAIN which is valued at $742,461. Main Street Capital Corporation makes up approx 3.23% of Silver Capital Management’s portfolio.
Main Street Capital Corporation opened for trading at $36.3 and hit $36.51 on the upside on Monday, eventually ending the session at $36.51, with a gain of 0.55% or 0.2 points. The heightened volatility saw the trading volume jump to 3,06,825 shares. Company has a market cap of $1,936 M.
On the company’s financial health, Main Street Capital Corporation reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $0.55. The company had revenue of $46.60 million for the quarter, compared to analysts expectations of $44.62 million. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
Main Street Capital Corporation (MSCC) is a principal investment firm which provides customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Companys portfolio investments are made to support management buyouts recapitalizations growth financings refinancings and acquisitions of companies that operate in various industry sectors. MSCC invests primarily in secured debt investments equity investments warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. MSCCs investment portfolio includes its investments in LMM portfolio companies investments in Middle Market portfolio companies Private Loan portfolio investments Other Portfolio investments and the investment in MSC Adviser I LLC (the External Investment Manager).