Main Street Capital Co. (NYSE:MAIN)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $45.00 and last traded at $45.00, with a volume of 11815 shares trading hands. The stock had previously closed at $44.40.

A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Main Street Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Raymond James cut Main Street Capital from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 22nd. They noted that the move was a valuation call. ValuEngine cut Main Street Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada started coverage on Main Street Capital in a research note on Tuesday, November 12th. They issued an “outperform” rating and a $44.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Main Street Capital has an average rating of “Hold” and an average target price of $43.50.

The stock has a market capitalization of $2.85 billion, a PE ratio of 17.44 and a beta of 0.77. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $43.84 and a 200-day moving average price of $43.13.

Several large investors have recently made changes to their positions in the company. Benjamin Edwards Inc. grew its holdings in Main Street Capital by 65.3% during the third quarter. Benjamin Edwards Inc. now owns 620 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 245 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Main Street Capital by 0.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 67,767 shares of the financial services provider’s stock worth $2,921,000 after acquiring an additional 253 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Main Street Capital by 2.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 9,129 shares of the financial services provider’s stock worth $394,000 after acquiring an additional 258 shares during the period. Victory Capital Management Inc. grew its holdings in Main Street Capital by 2.3% during the fourth quarter. Victory Capital Management Inc. now owns 11,557 shares of the financial services provider’s stock worth $498,000 after acquiring an additional 263 shares during the period. Finally, Focused Wealth Management Inc grew its holdings in Main Street Capital by 2.3% during the fourth quarter. Focused Wealth Management Inc now owns 15,474 shares of the financial services provider’s stock worth $667,000 after acquiring an additional 354 shares during the period. Hedge funds and other institutional investors own 22.99% of the company’s stock.

About Main Street Capital (NYSE:MAIN)

Main Street Capital Corporation is a business development company specializing in long- term equity and debt investments in small and lower middle market companies. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses.

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