MidCap Financial Investment Co. (NASDAQ:MFIC) Holdings Boosted by Muzinich & Co. Inc.

Muzinich & Co. Inc. grew its holdings in MidCap Financial Investment Co. (NASDAQ:MFIC) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,042 shares of the company’s stock after purchasing an additional 7,443 shares during the period. MidCap Financial Investment makes up 1.6% of Muzinich & Co. Inc.’s portfolio, making the stock its 15th biggest position. Muzinich & Co. Inc.’s holdings in MidCap Financial Investment were worth $2,618,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nomura Asset Management Co. Ltd. boosted its position in MidCap Financial Investment by 71.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,935 shares of the company’s stock worth $26,000 after acquiring an additional 809 shares during the period. Anchor Investment Management LLC purchased a new stake in shares of MidCap Financial Investment in the third quarter worth approximately $35,000. Allworth Financial LP boosted its holdings in shares of MidCap Financial Investment by 197.8% during the fourth quarter. Allworth Financial LP now owns 2,558 shares of the company’s stock worth $35,000 after purchasing an additional 1,699 shares during the period. Westchester Capital Management LLC purchased a new stake in MidCap Financial Investment in the 3rd quarter worth approximately $103,000. Finally, Entropy Technologies LP purchased a new position in shares of MidCap Financial Investment during the 4th quarter valued at $155,000. Institutional investors and hedge funds own 28.45% of the company’s stock.

Analysts Set New Price Targets

MFIC has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on MidCap Financial Investment from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 29th. Royal Bank of Canada restated a “sector perform” rating and issued a $14.00 price objective on shares of MidCap Financial Investment in a report on Tuesday, November 19th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $14.86.

MidCap Financial Investment Stock Down 3.5 %

MFIC opened at $13.75 on Thursday. The firm has a market cap of $1.29 billion, a P/E ratio of 8.81 and a beta of 1.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 8.51 and a current ratio of 8.51. The business has a 50 day moving average price of $13.82 and a 200 day moving average price of $13.69. MidCap Financial Investment Co. has a twelve month low of $12.26 and a twelve month high of $16.36.

MidCap Financial Investment (NASDAQ:MFIC) last released its earnings results on Tuesday, February 25th. The company reported $0.40 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.40. The firm had revenue of $82.16 million during the quarter, compared to analyst estimates of $86.28 million. MidCap Financial Investment had a net margin of 37.05% and a return on equity of 11.37%. Research analysts forecast that MidCap Financial Investment Co. will post 1.73 EPS for the current year.

MidCap Financial Investment Company Profile

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.