As Main Street Capital Corp (NYSE:MAIN) Price Declined, Shareholder Muzinich & Company Trimmed Position by $17.27 Million

May 17, 2018 - By Russell Jones

Main Street Capital Corporation (NYSE:MAIN) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.05. That’s change of 0.28, from 2017Q3’s 1.33. 11 investors sold all, 45 reduced holdings as MAIN ratio turned negative. 45 grew stakes while 14 funds took stakes. Funds hold 13.85 million shares thus 2.43% less from 2017Q3’s 14.20 million shares. Robeco Institutional Asset Management Bv holds 0.01% or 64,591 shs in its capital. Ifc Hldgs Incorporated Fl has invested 0.02% in Main Street Capital Corporation (NYSE:MAIN). Tudor Et Al holds 0.01% or 5,512 shs in its capital. Pnc Services Grp Inc has 0% invested in Main Street Capital Corporation (NYSE:MAIN). 40,799 are owned by Sigma Planning. Webster Commercial Bank N A holds 0% of its capital in Main Street Capital Corporation (NYSE:MAIN) for 750 shs. 37,130 were accumulated by King Luther Corporation. Sumitomo Mitsui Asset Mngmt Com Ltd has invested 0.08% of its capital in Main Street Capital Corporation (NYSE:MAIN). Clearbridge Limited stated it has 260,301 shs or 0.22% of all its holdings. Bokf Na invested 0.03% of its capital in Main Street Capital Corporation (NYSE:MAIN). Schroder Investment Group holds 0% of its capital in Main Street Capital Corporation (NYSE:MAIN) for 19,400 shs. Fincl Architects Incorporated accumulated 0% or 700 shs. Regal Invest Llc has invested 0.07% in Main Street Capital Corporation (NYSE:MAIN). Price T Rowe Assocs Inc Md reported 992,814 shs. Baystate Wealth Management Llc has 350 shs for 0% of their capital.

According to 2018Q1 SEC filling the Muzinich & Company reduced its holdings in Main Street Capital Corp (NYSE:MAIN) by 25.29%. The company’s stock Sank 7.91% while Muzinich & Company sold 479,606 shares. At the end of 2018Q1, the institutional investor held 1.42M shares of the company, valued at $52.28 million, down from 1.90 million at the end of the previous reported quarter. Muzinich & Company has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Muzinich & Company is a New York-based institutional investor with more than $22.20 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Muzinich & latest Adv, the fund reported to have 47 full and part-time employees. Among which 18 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Total analysts of 4 have positions in Main Street Capital (NYSE:MAIN) as follows: 2 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 50%. Since February 26, 2018 according to StockzIntelligence Inc Main Street Capital has 4 analyst reports. On Monday, February 26 SunTrust maintained the shares of MAIN in report with “Hold” rating. On Monday, February 26 the company was upgraded by National Securities. The company rating was initiated by FBR Capital on Tuesday, March 27.

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies.The company has $2.28 billion market cap. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses.12.73 is the P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

Main Street Capital Corporation (NYSE:MAIN) Institutional Investors Chart

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