Are Analysts Bullish about Main Street Capital Corporation (NYSE:MAIN) after last week?

June 17, 2018 - By Adrian Mccoy

Main Street Capital Corporation (NYSE:MAIN) LogoInvestors sentiment increased to 1.15 in Q1 2018. Its up 0.10, from 1.05 in 2017Q4. It is positive, as 16 investors sold Main Street Capital Corporation shares while 46 reduced holdings. 23 funds opened positions while 48 raised stakes. 12.88 million shares or 7.02% less from 13.85 million shares in 2017Q4 were reported.
Capital Impact Advsrs Lc holds 0.59% of its portfolio in Main Street Capital Corporation (NYSE:MAIN) for 38,983 shares. Optimum Investment Advisors owns 31,605 shares or 0.34% of their US portfolio. Greenwich Mngmt Incorporated holds 4.52% of its portfolio in Main Street Capital Corporation (NYSE:MAIN) for 103,091 shares. Colorado-based Advsrs Asset Incorporated has invested 0.01% in Main Street Capital Corporation (NYSE:MAIN). Cibc Ww Markets owns 0% invested in Main Street Capital Corporation (NYSE:MAIN) for 18,444 shares. Kempner Capital Mgmt Inc invested in 5,500 shares. Janney Montgomery Scott Limited Liability Co holds 0.01% or 17,661 shares. Cap Inv Limited Com holds 0.1% or 41,378 shares. Morgan Stanley has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Howe And Rusling Inc invested in 0% or 333 shares. Sequent Asset Lc has invested 0.69% in Main Street Capital Corporation (NYSE:MAIN). Kistler invested in 0% or 160 shares. Bluecrest Management Ltd reported 0.02% in Main Street Capital Corporation (NYSE:MAIN). Fund, France-based fund reported 43,600 shares. Navellier & Assoc reported 5,448 shares.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Among 4 analysts covering Main Street Capital (NYSE:MAIN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Main Street Capital had 4 analyst reports since February 26, 2018 according to SRatingsIntel. The stock of Main Street Capital Corporation (NYSE:MAIN) has “Buy” rating given on Tuesday, March 27 by FBR Capital. National Securities upgraded the shares of MAIN in report on Monday, February 26 to “Neutral” rating. The firm has “Hold” rating by SunTrust given on Monday, February 26. Below is a list of Main Street Capital Corporation (NYSE:MAIN) latest ratings and price target changes.

28/03/2018 Broker: B. Riley & Co Rating: Buy New Target: $40 Initiates Coverage On
27/03/2018 Broker: FBR Capital Rating: Buy New Target: $40.0000 Initiate
26/02/2018 Broker: SunTrust Rating: Hold New Target: $37.0 Maintain
26/02/2018 Broker: National Securities Old Rating: Sell New Rating: Neutral Upgrade

The stock decreased 0.15% or $0.06 during the last trading session, reaching $38.8. About 202,311 shares traded. Main Street Capital Corporation (NYSE:MAIN) has risen 1.26% since June 17, 2017 and is uptrending. It has underperformed by 11.31% the S&P500.

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 market cap of $2.31 billion. 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. It has a 12.89 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Seekingalpha.com which released: “Main Street boosts credit line by $70M, extends maturity to 2023” on June 06, 2018, also Seekingalpha.com with their article: “Main Street Capital’s NAV, Valuation, And Dividend Compared To 13 BDC Peers (Post Q1 2018 Earnings) – Part 1” published on May 24, 2018, Fool.com published: “Better Buy: Main Street Capital Corporation (MAIN) vs. Apollo Investment Corp. (AINV)” on May 22, 2018. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Seekingalpha.com and their article: “Main Street Capital: The Engine For American Growth” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” with publication date: May 30, 2018.

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

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