MidCap Financial Investment Co. (NASDAQ:MFIC) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in MidCap Financial Investment Co. (NASDAQ:MFIC - Free Report) by 190,106.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,634 shares of the company's stock after acquiring an additional 123,569 shares during the quarter. Barclays PLC owned 0.13% of MidCap Financial Investment worth $1,656,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. lifted its stake in shares of MidCap Financial Investment by 71.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 1,935 shares of the company's stock valued at $26,000 after purchasing an additional 809 shares during the period. Jane Street Group LLC acquired a new stake in shares of MidCap Financial Investment in the 3rd quarter worth approximately $469,000. Kovitz Investment Group Partners LLC purchased a new position in MidCap Financial Investment in the 3rd quarter valued at approximately $692,000. Stifel Financial Corp raised its holdings in MidCap Financial Investment by 403.7% during the third quarter. Stifel Financial Corp now owns 240,478 shares of the company's stock worth $3,220,000 after purchasing an additional 192,731 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in MidCap Financial Investment by 49.1% during the third quarter. HighTower Advisors LLC now owns 91,887 shares of the company's stock worth $1,230,000 after purchasing an additional 30,262 shares in the last quarter. 28.45% of the stock is currently owned by hedge funds and other institutional investors.

MidCap Financial Investment Stock Performance

MFIC stock remained flat at $13.15 during trading on Friday. 387,236 shares of the company traded hands, compared to its average volume of 349,872. MidCap Financial Investment Co. has a 12-month low of $12.26 and a 12-month high of $16.36. The company has a market capitalization of $1.23 billion, a PE ratio of 8.43 and a beta of 1.48. The company has a fifty day moving average price of $13.66 and a 200 day moving average price of $13.85. The company has a debt-to-equity ratio of 1.25, a quick ratio of 8.51 and a current ratio of 8.51.

MidCap Financial Investment Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were given a dividend of $0.38 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.52 dividend on an annualized basis and a yield of 11.56%. MidCap Financial Investment's dividend payout ratio (DPR) is currently 97.44%.

Analyst Ratings Changes

Several research analysts have recently issued reports on MFIC shares. Wells Fargo & Company cut their price target on MidCap Financial Investment from $15.00 to $14.00 and set an "overweight" rating for the company in a research note on Tuesday, October 29th. Royal Bank of Canada restated a "sector perform" rating and set a $14.00 target price on shares of MidCap Financial Investment in a research report on Tuesday, November 19th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.71.

MidCap Financial Investment 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.