Union Bancaire Privee UBP SA Invests $910,000 in Main Street Capital Co. (NYSE:MAIN)

Union Bancaire Privee UBP SA purchased a new position in shares of Main Street Capital Co. (NYSE:MAIN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,530 shares of the financial services provider’s stock, valued at approximately $910,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Widmann Financial Services Inc. boosted its holdings in Main Street Capital by 0.9% in the third quarter. Widmann Financial Services Inc. now owns 22,990 shares of the financial services provider’s stock valued at $1,153,000 after acquiring an additional 202 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in Main Street Capital by 0.3% in the third quarter. IHT Wealth Management LLC now owns 63,628 shares of the financial services provider’s stock valued at $3,190,000 after acquiring an additional 218 shares during the last quarter. PFG Investments LLC boosted its holdings in Main Street Capital by 1.6% in the fourth quarter. PFG Investments LLC now owns 13,642 shares of the financial services provider’s stock valued at $799,000 after acquiring an additional 219 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in Main Street Capital by 7.0% in the third quarter. Sunbelt Securities Inc. now owns 3,509 shares of the financial services provider’s stock valued at $176,000 after acquiring an additional 229 shares during the last quarter. Finally, CAP Partners LLC boosted its holdings in Main Street Capital by 6.4% in the third quarter. CAP Partners LLC now owns 4,290 shares of the financial services provider’s stock valued at $215,000 after acquiring an additional 258 shares during the last quarter. 20.31% of the stock is currently owned by institutional investors.

Main Street Capital Price Performance

Shares of MAIN opened at $60.56 on Tuesday. Main Street Capital Co. has a 52-week low of $45.00 and a 52-week high of $63.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.08 and a current ratio of 0.08. The business’s 50 day moving average price is $59.67 and its two-hundred day moving average price is $54.30. The firm has a market cap of $5.34 billion, a PE ratio of 10.97 and a beta of 1.28.

Wall Street Analysts Forecast Growth

Separately, B. Riley upped their target price on Main Street Capital from $49.00 to $51.00 and gave the company a “neutral” rating in a report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $48.80.

Main Street Capital Company Profile

Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth.