Medley Capital Corp (NYSE:MCC) Sentiment Change Report

November 14, 2017 - By Vivian Park

 Medley Capital Corp (NYSE:MCC) Sentiment Change Report

Sentiment for Medley Capital Corp (NYSE:MCC)

Medley Capital Corp (NYSE:MCC) institutional sentiment increased to 1.35 in Q2 2017. Its up 0.21, from 1.14 in 2017Q1. The ratio increased, as 46 investment professionals increased and started new holdings, while 34 sold and trimmed equity positions in Medley Capital Corp. The investment professionals in our partner’s database now have: 14.65 million shares, down from 17.62 million shares in 2017Q1. Also, the number of investment professionals holding Medley Capital Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 21 Increased: 30 New Position: 16.

Medley Capital Corporation is a non-diversified closed-end management investment company. The company has market cap of $311.05 million. 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. It currently has negative earnings. The Company’s investment portfolio includes senior secured first lien term loans, senior secured second lien term loans, unitranche, senior secured first lien notes, subordinated notes and warrants and minority equity securities.

About 16,370 shares traded. Medley Capital Corp (NYSE:MCC) has declined 6.36% since November 14, 2016 and is downtrending. It has underperformed by 23.06% the S&P500.

Wall Street await Medley Capital Corp (NYSE:MCC) to release earnings on December, 7 before the open. Analysts forecast EPS of $0.15, down exactly $0.08 or 34.78 % from 2014’s $0.23 EPS. The expected MCC’s profit could reach $8.17M giving the stock 9.52 P/E in the case that $0.15 earnings per share is reported. After posting $0.18 EPS for the previous quarter, Medley Capital Corp’s analysts now forecast -16.67 % negative EPS growth.

American Financial Group Inc holds 1.34% of its portfolio in Medley Capital Corp for 2.20 million shares. Cue Financial Group Inc. owns 209,900 shares or 0.96% of their US portfolio. Moreover, Selway Asset Management has 0.56% invested in the company for 152,855 shares. The Illinois-based West Family Investments Inc. has invested 0.52% in the stock. Arete Wealth Advisors Llc, a Illinois-based fund reported 134,270 shares.#img1#

Medley Capital Corp (NYSE:MCC) Ratings Coverage

Ratings analysis reveals 29% of Medley Capital Corp’s analysts are positive. Out of 7 Wall Street analysts rating Medley Capital Corp, 2 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $6.5 while the high is $11. The stock’s average target of $8.58 is 50.26% above today’s ($5.71) share price. MCC was included in 16 notes of analysts from August 12, 2015. The company was maintained on Wednesday, October 14 by UBS. Keefe Bruyette & Woods maintained Medley Capital Corp (NYSE:MCC) on Monday, June 12 with “Hold” rating. The firm has “Neutral” rating by Janney Capital given on Monday, December 12. Keefe Bruyette & Woods maintained the shares of MCC in report on Monday, August 14 with “Hold” rating. Wood maintained Medley Capital Corp (NYSE:MCC) on Friday, August 14 with “Hold” rating. The stock of Medley Capital Corp (NYSE:MCC) earned “Buy” rating by Janney Capital on Wednesday, April 27. The firm earned “Hold” rating on Thursday, August 13 by Zacks. Wells Fargo upgraded Medley Capital Corp (NYSE:MCC) on Monday, December 7 to “Outperform” rating. As per Monday, December 7, the company rating was upgraded by Keefe Bruyette & Woods. The firm earned “Hold” rating on Friday, November 3 by Jefferies.

More notable recent Medley Capital Corp (NYSE:MCC) news were published by: Seekingalpha.com which released: “Identifying Risk In BDCs – The Medley Capital Corporation Example” on May 25, 2017, also Seekingalpha.com with their article: “Medley Capital’s (MCC) CEO Brook Taube on Q3 2017 Results – Earnings Call …” published on August 09, 2017, Fool.com published: “Medley Capital: Don’t Fall for Insider Buying” on August 02, 2017. More interesting news about Medley Capital Corp (NYSE:MCC) were released by: Nasdaq.com and their article: “Medley Capital Corporation Amends Credit Facility and Partially Prepays Term Loan” published on September 08, 2017 as well as Nasdaq.com‘s news article titled: “Medley Capital Corporation Schedules Earnings Release Date and Webcast for the …” with publication date: October 17, 2017.

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