Robeco Institutional Asset Management B.V. reduced its position in Main Street Capital Corporation (NYSE:MAIN) by 39.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,591 shares of the financial services provider’s stock after selling 42,730 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.11% of Main Street Capital Corporation worth $2,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of MAIN. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Main Street Capital Corporation in the 1st quarter valued at $101,000. US Bancorp DE lifted its stake in shares of Main Street Capital Corporation by 20.7% in the 1st quarter. US Bancorp DE now owns 3,207 shares of the financial services provider’s stock valued at $123,000 after purchasing an additional 549 shares during the period. V Wealth Management LLC acquired a new position in shares of Main Street Capital Corporation in the 2nd quarter valued at $139,000. Global X Management Co. LLC lifted its stake in shares of Main Street Capital Corporation by 49.7% in the 1st quarter. Global X Management Co. LLC now owns 3,657 shares of the financial services provider’s stock valued at $140,000 after purchasing an additional 1,214 shares during the period. Finally, Green Square Capital LLC acquired a new position in shares of Main Street Capital Corporation in the 1st quarter valued at $204,000. Hedge funds and other institutional investors own 26.32% of the company’s stock.

Several equities analysts recently issued reports on the stock. Vetr upgraded shares of Main Street Capital Corporation from a “hold” rating to a “buy” rating and set a $40.90 price objective for the company in a research report on Wednesday, May 10th. BidaskClub upgraded shares of Main Street Capital Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Zacks Investment Research upgraded shares of Main Street Capital Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Thursday, August 10th. ValuEngine upgraded shares of Main Street Capital Corporation from a “hold” rating to a “buy” rating in a research report on Friday. Finally, FBR & Co restated a “hold” rating and set a $38.00 price objective on shares of Main Street Capital Corporation in a research report on Monday, May 8th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $38.98.

Main Street Capital Corporation (MAIN) opened at 39.48 on Tuesday. The firm has a market capitalization of $2.24 billion, a PE ratio of 12.97 and a beta of 1.03. The firm’s 50-day moving average is $39.28 and its 200-day moving average is $38.56. Main Street Capital Corporation has a 52-week low of $32.12 and a 52-week high of $40.86.

Main Street Capital Corporation (NYSE:MAIN) last released its earnings results on Thursday, August 3rd. The financial services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Main Street Capital Corporation had a return on equity of 10.24% and a net margin of 86.36%. The company had revenue of $50.30 million during the quarter, compared to the consensus estimate of $47.82 million. During the same quarter last year, the company earned $0.54 earnings per share. Main Street Capital Corporation’s quarterly revenue was up 17.2% compared to the same quarter last year. On average, analysts anticipate that Main Street Capital Corporation will post $2.30 earnings per share for the current year.

The firm also recently announced a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 21st will be issued a $0.19 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date of this dividend is Monday, November 20th. Main Street Capital Corporation’s dividend payout ratio (DPR) is currently 72.79%.

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Main Street Capital Corporation Company Profile

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 Corporation (NYSE:MAIN)

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