Barclays PLC Has $3.62 Million Position in Main Street Capital Co. (NYSE:MAIN)

Barclays PLC boosted its holdings in shares of Main Street Capital Co. (NYSE:MAIN - Free Report) by 75.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,265 shares of the financial services provider's stock after buying an additional 31,110 shares during the period. Barclays PLC owned approximately 0.08% of Main Street Capital worth $3,624,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of MAIN. Susquehanna Fundamental Investments LLC increased its holdings in shares of Main Street Capital by 238.5% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 34,020 shares of the financial services provider's stock valued at $1,718,000 after purchasing an additional 23,970 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its stake in Main Street Capital by 9.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 209,924 shares of the financial services provider's stock valued at $10,526,000 after buying an additional 18,059 shares during the period. Janney Montgomery Scott LLC increased its stake in Main Street Capital by 188.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 20,176 shares of the financial services provider's stock valued at $1,012,000 after buying an additional 13,177 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in Main Street Capital in the 3rd quarter worth approximately $1,029,000. Finally, Muzinich & Co. Inc. boosted its stake in shares of Main Street Capital by 9.3% during the 3rd quarter. Muzinich & Co. Inc. now owns 212,384 shares of the financial services provider's stock valued at $10,649,000 after buying an additional 18,059 shares during the period. 20.31% of the stock is owned by hedge funds and other institutional investors.

Main Street Capital Stock Up 0.1 %

MAIN traded up $0.04 during midday trading on Monday, hitting $56.44. 1,227,162 shares of the company's stock traded hands, compared to its average volume of 372,146. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.08. The company has a market cap of $4.98 billion, a PE ratio of 10.22 and a beta of 1.30. Main Street Capital Co. has a one year low of $42.68 and a one year high of $56.87. The stock's fifty day simple moving average is $53.39 and its 200-day simple moving average is $51.19.

Main Street Capital Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, December 20th. Main Street Capital's payout ratio is presently 53.26%.

Wall Street Analyst Weigh In

Separately, B. Riley upped their price target on shares of Main Street Capital from $49.00 to $51.00 and gave the stock a "neutral" rating in a research note on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $48.80.

Main Street Capital Company Profile

Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth.