Bridgeworth LLC Acquires 6,000 Shares of Main Street Capital Co. (MAIN)

Bridgeworth LLC raised its holdings in shares of Main Street Capital Co. (NYSE:MAIN) by 100.0% in the 4th quarter, HoldingsChannel reports. The fund owned 12,000 shares of the financial services provider’s stock after purchasing an additional 6,000 shares during the period. Bridgeworth LLC’s holdings in Main Street Capital were worth $476,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Burgundy Asset Management Ltd. increased its holdings in Main Street Capital by 6.8% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 1,828,173 shares of the financial services provider’s stock valued at $72,670,000 after acquiring an additional 116,075 shares in the last quarter. Macquarie Group Ltd. grew its holdings in shares of Main Street Capital by 7.3% during the third quarter. Macquarie Group Ltd. now owns 1,105,132 shares of the financial services provider’s stock worth $43,929,000 after buying an additional 75,462 shares in the last quarter. M&T Bank Corp grew its holdings in shares of Main Street Capital by 1.6% during the fourth quarter. M&T Bank Corp now owns 478,304 shares of the financial services provider’s stock worth $19,004,000 after buying an additional 7,687 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Main Street Capital by 5.8% during the third quarter. Van ECK Associates Corp now owns 403,372 shares of the financial services provider’s stock worth $16,034,000 after buying an additional 21,957 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD grew its holdings in shares of Main Street Capital by 4.9% during the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 177,844 shares of the financial services provider’s stock worth $7,069,000 after buying an additional 8,306 shares in the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

A number of equities research analysts have recently commented on MAIN shares. Zacks Investment Research downgraded shares of Main Street Capital from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Raymond James Financial upgraded shares of Main Street Capital from an “underperform” rating to a “market perform” rating in a report on Tuesday, November 7th. ValuEngine downgraded shares of Main Street Capital from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Finally, National Securities reiterated a “sell” rating and set a $33.00 price target on shares of Main Street Capital in a report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $39.18.

Shares of Main Street Capital Co. (NYSE:MAIN) opened at $37.27 on Thursday. The company has a market cap of $2,156.59, a PE ratio of 16.07 and a beta of 0.94. Main Street Capital Co. has a twelve month low of $34.37 and a twelve month high of $41.79. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.20.

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About Main Street Capital

Main Street Capital Corporation (MSCC) is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Company’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.

Want to see what other hedge funds are holding MAIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Main Street Capital Co. (NYSE:MAIN).

Institutional Ownership by Quarter for Main Street Capital (NYSE:MAIN)

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