Aspiriant LLC Increases Holdings in Monroe Capital Co. (NASDAQ:MRCC)

Aspiriant LLC lifted its position in Monroe Capital Co. (NASDAQ:MRCC) by 18.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,000 shares of the financial services provider’s stock after purchasing an additional 2,000 shares during the period. Aspiriant LLC’s holdings in Monroe Capital were worth $110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Magnolia Capital Advisors LLC purchased a new position in Monroe Capital in the second quarter worth about $3,138,000. International Assets Investment Management LLC lifted its stake in shares of Monroe Capital by 708.0% in the 3rd quarter. International Assets Investment Management LLC now owns 220,600 shares of the financial services provider’s stock worth $1,782,000 after purchasing an additional 193,298 shares during the period. LaFleur & Godfrey LLC boosted its holdings in shares of Monroe Capital by 197.3% in the fourth quarter. LaFleur & Godfrey LLC now owns 64,810 shares of the financial services provider’s stock worth $551,000 after buying an additional 43,010 shares during the last quarter. HB Wealth Management LLC grew its position in Monroe Capital by 3.0% during the fourth quarter. HB Wealth Management LLC now owns 56,600 shares of the financial services provider’s stock valued at $481,000 after buying an additional 1,650 shares during the period. Finally, Ritholtz Wealth Management increased its holdings in Monroe Capital by 8.2% during the fourth quarter. Ritholtz Wealth Management now owns 36,882 shares of the financial services provider’s stock valued at $313,000 after buying an additional 2,803 shares during the last quarter.

Wall Street Analyst Weigh In

MRCC has been the subject of a number of recent research reports. B. Riley downgraded shares of Monroe Capital from a “neutral” rating to a “sell” rating and set a $7.25 price objective for the company. in a research report on Wednesday, December 11th. StockNews.com upgraded Monroe Capital from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th.

Monroe Capital Price Performance

MRCC opened at $8.57 on Wednesday. The company has a 50 day simple moving average of $8.38 and a two-hundred day simple moving average of $8.02. The company has a current ratio of 4.37, a quick ratio of 4.37 and a debt-to-equity ratio of 1.49. Monroe Capital Co. has a 1-year low of $6.97 and a 1-year high of $8.80.

Monroe Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 11.67%. Monroe Capital’s payout ratio is presently 166.67%.

Monroe Capital Profile

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.