Royal Bank of Canada lifted its position in shares of Monroe Capital Corporation (NASDAQ:MRCC) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,480 shares of the financial services provider’s stock after purchasing an additional 314 shares during the period. Royal Bank of Canada owned about 0.10% of Monroe Capital Corporation worth $297,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MML Investors Services LLC raised its holdings in Monroe Capital Corporation by 0.4% in the second quarter. MML Investors Services LLC now owns 19,749 shares of the financial services provider’s stock valued at $301,000 after acquiring an additional 70 shares in the last quarter. Clear Harbor Asset Management LLC raised its holdings in Monroe Capital Corporation by 2.2% in the second quarter. Clear Harbor Asset Management LLC now owns 31,599 shares of the financial services provider’s stock valued at $476,000 after acquiring an additional 690 shares in the last quarter. Homrich & Berg raised its holdings in Monroe Capital Corporation by 0.7% in the second quarter. Homrich & Berg now owns 134,502 shares of the financial services provider’s stock valued at $2,048,000 after acquiring an additional 869 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Monroe Capital Corporation by 0.8% in the second quarter. Janney Montgomery Scott LLC now owns 184,334 shares of the financial services provider’s stock valued at $2,807,000 after acquiring an additional 1,521 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in Monroe Capital Corporation by 1.6% in the second quarter. Chicago Partners Investment Group LLC now owns 98,669 shares of the financial services provider’s stock valued at $1,511,000 after acquiring an additional 1,549 shares in the last quarter. 27.95% of the stock is currently owned by institutional investors and hedge funds.

In other Monroe Capital Corporation news, Chairman Theodore L. Koenig bought 21,800 shares of the stock in a transaction on Thursday, September 7th. The stock was purchased at an average price of $13.61 per share, for a total transaction of $296,698.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.80% of the stock is owned by insiders.

MRCC has been the topic of several recent analyst reports. TheStreet cut shares of Monroe Capital Corporation from a “b” rating to a “c+” rating in a report on Friday, August 25th. Zacks Investment Research cut shares of Monroe Capital Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. BidaskClub raised shares of Monroe Capital Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. National Securities reaffirmed a “buy” rating and issued a $17.00 price target on shares of Monroe Capital Corporation in a report on Monday, November 13th. Finally, Ladenburg Thalmann Financial Services raised shares of Monroe Capital Corporation from a “neutral” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $16.50.

Shares of Monroe Capital Corporation (MRCC) opened at $14.58 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. Monroe Capital Corporation has a 12 month low of $13.32 and a 12 month high of $16.20. The firm has a market cap of $295.10, a price-to-earnings ratio of 10.41 and a beta of 0.58.

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Monroe Capital Corporation Profile

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.

Institutional Ownership by Quarter for Monroe Capital Corporation (NASDAQ:MRCC)

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