Global Financial Private Capital LLC Has $514,000 Position in Main Street Capital Co. (MAIN)

Global Financial Private Capital LLC increased its holdings in Main Street Capital Co. (NYSE:MAIN) by 18.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,936 shares of the financial services provider’s stock after buying an additional 2,000 shares during the period. Global Financial Private Capital LLC’s holdings in Main Street Capital were worth $514,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Burgundy Asset Management Ltd. boosted its holdings in Main Street Capital by 6.8% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 1,828,173 shares of the financial services provider’s stock worth $72,670,000 after buying an additional 116,075 shares during the period. Macquarie Group Ltd. boosted its holdings in Main Street Capital by 7.3% in the 3rd quarter. Macquarie Group Ltd. now owns 1,105,132 shares of the financial services provider’s stock worth $43,929,000 after buying an additional 75,462 shares during the period. M&T Bank Corp boosted its holdings in Main Street Capital by 1.6% in the 4th quarter. M&T Bank Corp now owns 478,304 shares of the financial services provider’s stock worth $19,004,000 after buying an additional 7,687 shares during the period. Van ECK Associates Corp boosted its holdings in Main Street Capital by 5.8% in the 3rd quarter. Van ECK Associates Corp now owns 403,372 shares of the financial services provider’s stock worth $16,034,000 after buying an additional 21,957 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its holdings in Main Street Capital by 4.9% in the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 177,844 shares of the financial services provider’s stock worth $7,069,000 after buying an additional 8,306 shares during the period. 27.47% of the stock is owned by institutional investors.

Main Street Capital Co. (NYSE:MAIN) opened at $36.88 on Monday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.20. Main Street Capital Co. has a fifty-two week low of $34.37 and a fifty-two week high of $41.79. The company has a market cap of $2,142.65, a price-to-earnings ratio of 15.97 and a beta of 0.93.

Several brokerages have commented on MAIN. ValuEngine downgraded shares of Main Street Capital from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Zacks Investment Research downgraded shares of Main Street Capital from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Raymond James Financial raised shares of Main Street Capital from an “underperform” rating to a “market perform” rating in a report on Tuesday, November 7th. Finally, National Securities reissued a “sell” rating and issued a $33.00 price target on shares of Main Street Capital in a report on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $39.18.

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About Main Street Capital

Main Street Capital Corporation (MSCC) is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Company’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.

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Institutional Ownership by Quarter for Main Street Capital (NYSE:MAIN)

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