Shares of MVC Capital, Inc. (NYSE:MVC) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokers have set a one year consensus target price of $12.00 for the company, according to Zacks. Zacks has also given MVC Capital an industry rank of 98 out of 255 based on the ratings given to related companies.

Several equities research analysts have issued reports on the company. Zacks Investment Research raised MVC Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 23rd. TheStreet raised MVC Capital from a “c+” rating to a “b” rating in a research note on Monday, June 4th. Maxim Group reissued a “buy” rating and issued a $12.50 target price on shares of MVC Capital in a research note on Wednesday, June 13th. Finally, ValuEngine lowered MVC Capital from a “sell” rating to a “strong sell” rating in a research note on Monday, July 2nd.

Shares of MVC stock opened at $9.35 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 63.15 and a quick ratio of 12.20. MVC Capital has a 12-month low of $9.25 and a 12-month high of $10.97. The stock has a market cap of $176.54 million, a price-to-earnings ratio of -27.50 and a beta of 0.68.

In other news, Chairman Michael T. Tokarz bought 5,000 shares of MVC Capital stock in a transaction on Tuesday, July 10th. The shares were purchased at an average price of $9.36 per share, for a total transaction of $46,800.00. Following the acquisition, the chairman now owns 984,932 shares of the company’s stock, valued at $9,218,963.52. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 10.91% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of MVC. Gabelli Funds LLC grew its stake in shares of MVC Capital by 4.0% in the 1st quarter. Gabelli Funds LLC now owns 129,000 shares of the investment management company’s stock worth $1,281,000 after buying an additional 5,000 shares during the last quarter. Stilwell Value LLC grew its stake in shares of MVC Capital by 2,659.8% in the 1st quarter. Stilwell Value LLC now owns 240,321 shares of the investment management company’s stock worth $2,386,000 after buying an additional 231,613 shares during the last quarter. RMB Capital Management LLC purchased a new stake in shares of MVC Capital in the 1st quarter worth approximately $298,000. Ancora Advisors LLC grew its stake in shares of MVC Capital by 7.3% in the 1st quarter. Ancora Advisors LLC now owns 265,447 shares of the investment management company’s stock worth $2,636,000 after buying an additional 17,983 shares during the last quarter. Finally, Legal & General Group Plc grew its stake in shares of MVC Capital by 11.9% in the 1st quarter. Legal & General Group Plc now owns 75,747 shares of the investment management company’s stock worth $754,000 after buying an additional 8,063 shares during the last quarter. Institutional investors own 43.00% of the company’s stock.

MVC Capital Company Profile

MVC Capital, Inc is a business development company specializing in equity, acquisition financing, mezzanine financing, management buyouts, leveraged buildups, corporate partnerships, PIPE transactions, going private transactions, private company recapitalizations, operational turnarounds, and growth and expansion capital transaction financing.

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