MVC Capital Inc Institutional Investor Sentiment Worsened in Q1 2018

June 17, 2018 - By Ash

Sentiment for MVC Capital Inc (NYSE:MVC)

MVC Capital Inc (NYSE:MVC) institutional sentiment decreased to 1.14 in Q1 2018. Its down -0.53, from 1.67 in 2017Q4. The ratio has worsened, as 16 investment managers increased and started new equity positions, while 14 sold and reduced their equity positions in MVC Capital Inc. The investment managers in our partner’s database now possess: 7.92 million shares, down from 8.09 million shares in 2017Q4. Also, the number of investment managers holding MVC Capital Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 2 Reduced: 12 Increased: 8 New Position: 8.

The stock decreased 0.90% or $0.09 during the last trading session, reaching $9.93. About 70,484 shares traded or 63.18% up from the average. MVC Capital, Inc. (NYSE:MVC) has risen 14.55% since June 17, 2017 and is uptrending. It has outperformed by 1.98% the S&P500.

Wynnefield Capital Inc holds 5.48% of its portfolio in MVC Capital, Inc. for 1.59 million shares. West Family Investments Inc. owns 1.11 million shares or 2.9% of their US portfolio. Moreover, Bulldog Investors Llc has 2.17% invested in the company for 802,106 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.44% in the stock. Gendell Jeffrey L, a Connecticut-based fund reported 294,756 shares.

Since January 1, 0001, it had 9 buys, and 0 insider sales for $525,167 activity.

MVC Capital, Inc. (NYSE:MVC) Ratings Coverage

Ratings analysis reveals 100% of MVC Capital’s analysts are positive. Out of 2 Wall Street analysts rating MVC Capital, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $12.0 while the high is $12.5. The stock’s average target of $12.25 is 23.36% above today’s ($9.93) share price. MVC was included in 3 notes of analysts from January 11, 2018. The firm earned “Buy” rating on Wednesday, June 13 by Maxim Group. Ladenburg initiated MVC Capital, Inc. (NYSE:MVC) rating on Thursday, January 11. Ladenburg has “Buy” rating and $12.0 target. The rating was maintained by Maxim Group with “Buy” on Wednesday, January 24.

Another recent and important MVC Capital, Inc. (NYSE:MVC) news was published by which published an article titled: “MVC Capital Announces Second Quarter 2018 Results” on June 11, 2018.

MVC Capital, Inc. (NYSE:MVC) Institutional Positions Chart

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