Medley Capital Corp (NYSE:MCC) has earned an average rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $5.63.

MCC has been the topic of a number of research reports. Keefe, Bruyette & Woods set a $6.00 price target on Medley Capital and gave the stock a “hold” rating in a research note on Friday, December 8th. Barclays lowered their target price on Medley Capital from $7.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 7th. Zacks Investment Research downgraded Medley Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. National Securities lowered their target price on Medley Capital from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th. Finally, ValuEngine downgraded Medley Capital from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd.

Several institutional investors have recently made changes to their positions in the company. American Financial Group Inc. lifted its position in shares of Medley Capital by 3.4% in the fourth quarter. American Financial Group Inc. now owns 2,274,013 shares of the investment management company’s stock valued at $11,870,000 after acquiring an additional 74,155 shares in the last quarter. BlackRock Inc. lifted its position in shares of Medley Capital by 7.6% in the fourth quarter. BlackRock Inc. now owns 350,650 shares of the investment management company’s stock valued at $1,830,000 after acquiring an additional 24,856 shares in the last quarter. Rational Advisors LLC purchased a new position in shares of Medley Capital in the fourth quarter valued at about $2,442,000. Cue Financial Group Inc. lifted its position in shares of Medley Capital by 77.1% in the fourth quarter. Cue Financial Group Inc. now owns 357,600 shares of the investment management company’s stock valued at $1,866,000 after acquiring an additional 155,700 shares in the last quarter. Finally, Roumell Asset Management LLC purchased a new position in shares of Medley Capital in the third quarter valued at about $2,602,000. Institutional investors and hedge funds own 28.51% of the company’s stock.

Medley Capital (NYSE:MCC) traded up $0.09 during mid-day trading on Friday, hitting $4.27. The stock had a trading volume of 161,410 shares, compared to its average volume of 310,782. The stock has a market cap of $227.70, a P/E ratio of -4.39, a P/E/G ratio of 1.52 and a beta of 1.15. Medley Capital has a 52-week low of $4.15 and a 52-week high of $8.04. The company has a current ratio of 5.02, a quick ratio of 5.02 and a debt-to-equity ratio of 1.11.

Medley Capital (NYSE:MCC) last released its quarterly earnings results on Tuesday, February 6th. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.03). The firm had revenue of $20.63 million during the quarter, compared to analysts’ expectations of $22.19 million. Medley Capital had a positive return on equity of 7.23% and a negative net margin of 58.73%. The business’s quarterly revenue was down 20.8% on a year-over-year basis. During the same quarter last year, the business earned $0.19 earnings per share. sell-side analysts expect that Medley Capital will post 0.55 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Wednesday, February 21st will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, February 20th. This represents a $0.64 annualized dividend and a yield of 14.99%. Medley Capital’s dividend payout ratio (DPR) is presently -65.98%.

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Medley Capital Company Profile

Medley Capital Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation by lending directly to privately-held middle market companies, primarily through directly originated transactions to help these companies expand their business, refinance and make acquisitions.

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