Barings Participation Investors (NYSE:MPV) Shares Pass Below 200-Day Moving Average – Time to Sell?

Barings Participation Investors (NYSE:MPV)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.31 and traded as low as $18.92. Barings Participation Investors shares last traded at $19.12, with a volume of 4,544 shares changing hands.

Barings Participation Investors Stock Performance

The firm has a 50-day moving average of $18.62 and a 200-day moving average of $19.31.

Barings Participation Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Tuesday, December 30th.

Hedge Funds Weigh In On Barings Participation Investors

Hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in shares of Barings Participation Investors during the second quarter worth $25,000. Advisory Services Network LLC purchased a new stake in Barings Participation Investors in the 3rd quarter worth $63,000. Envestnet Asset Management Inc. bought a new position in shares of Barings Participation Investors during the 2nd quarter valued at about $208,000. NewEdge Advisors LLC bought a new position in shares of Barings Participation Investors during the 2nd quarter valued at about $297,000. Finally, Oppenheimer & Co. Inc. grew its position in shares of Barings Participation Investors by 5.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 18,800 shares of the financial services provider’s stock valued at $299,000 after purchasing an additional 900 shares in the last quarter.

Barings Participation Investors Company Profile

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S.