Babson Capital Participation Investors (NYSE:MPV) insider Robert Eugene Joyal sold 4,923 shares of the company’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $14.38, for a total transaction of $70,792.74. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Robert Eugene Joyal also recently made the following trade(s):

  • On Thursday, August 31st, Robert Eugene Joyal sold 3,513 shares of Babson Capital Participation Investors stock. The stock was sold at an average price of $14.39, for a total transaction of $50,552.07.

Shares of Babson Capital Participation Investors (NYSE MPV) opened at 14.21 on Monday. The firm’s 50-day moving average is $14.42 and its 200 day moving average is $14.25. Babson Capital Participation Investors has a 52 week low of $13.79 and a 52 week high of $16.12.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 11th. Shareholders of record on Tuesday, August 1st were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 7.60%. The ex-dividend date of this dividend was Friday, July 28th.

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Several large investors have recently modified their holdings of the company. Greenwich Investment Management Inc. raised its position in shares of Babson Capital Participation Investors by 2.2% in the 2nd quarter. Greenwich Investment Management Inc. now owns 95,585 shares of the financial services provider’s stock valued at $1,333,000 after buying an additional 2,100 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Babson Capital Participation Investors by 16.9% in the 2nd quarter. Wells Fargo & Company MN now owns 40,283 shares of the financial services provider’s stock valued at $562,000 after buying an additional 5,834 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Babson Capital Participation Investors by 7.6% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 209,643 shares of the financial services provider’s stock valued at $2,924,000 after buying an additional 14,883 shares in the last quarter. Finally, Essex Financial Services Inc. acquired a new position in shares of Babson Capital Participation Investors in the 2nd quarter valued at approximately $310,000. Institutional investors own 10.92% of the company’s stock.

Babson Capital Participation Investors Company Profile

Babson Capital Participation Investors (the Trust) is a closed-end management investment company. The Trust’s investment objective is to maximize total return by providing a high level of current income, the potential for growth of income, and capital appreciation. The Trust’s principal investments are privately placed, below-investment grade, long-term debt obligations purchased directly from their issuers.

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