J.W. Cole Advisors Inc. Grows Stake in MidCap Financial Investment Co. (NASDAQ:MFIC)

J.W. Cole Advisors Inc. increased its holdings in MidCap Financial Investment Co. (NASDAQ:MFIC - Free Report) by 74.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,756 shares of the company's stock after purchasing an additional 34,875 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.09% of MidCap Financial Investment worth $1,103,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Van ECK Associates Corp boosted its holdings in MidCap Financial Investment by 4.5% during the 4th quarter. Van ECK Associates Corp now owns 2,372,505 shares of the company's stock valued at $32,005,000 after acquiring an additional 102,406 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of MidCap Financial Investment by 0.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,156,843 shares of the company's stock worth $28,880,000 after purchasing an additional 10,669 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of MidCap Financial Investment by 139.5% in the third quarter. Advisors Asset Management Inc. now owns 444,531 shares of the company's stock worth $5,952,000 after purchasing an additional 258,940 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of MidCap Financial Investment by 28.4% in the fourth quarter. Foundations Investment Advisors LLC now owns 400,034 shares of the company's stock worth $5,396,000 after purchasing an additional 88,468 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in MidCap Financial Investment by 32.4% in the 3rd quarter. Franklin Resources Inc. now owns 384,054 shares of the company's stock worth $5,116,000 after buying an additional 93,972 shares during the period. 28.45% of the stock is currently owned by institutional investors.

MidCap Financial Investment Stock Down 0.6 %

Shares of MFIC traded down $0.09 during mid-day trading on Friday, hitting $14.60. The company's stock had a trading volume of 313,277 shares, compared to its average volume of 312,149. The company has a current ratio of 8.51, a quick ratio of 8.51 and a debt-to-equity ratio of 1.25. The company's 50-day moving average is $13.75 and its 200-day moving average is $13.65. MidCap Financial Investment Co. has a 52-week low of $12.26 and a 52-week high of $16.36. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 9.36 and a beta of 1.48.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MFIC shares. Royal Bank of Canada restated a "sector perform" rating and issued a $14.00 target price on shares of MidCap Financial Investment in a research note on Tuesday, November 19th. Wells Fargo & Company boosted their price target on MidCap Financial Investment from $14.00 to $15.00 and gave the company an "overweight" rating in a report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $14.86.

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.