Capital Advisory Group Advisory Services LLC Buys 14,378 Shares of MidCap Financial Investment Co. (NASDAQ:MFIC)

Capital Advisory Group Advisory Services LLC raised its stake in MidCap Financial Investment Co. (NASDAQ:MFIC) by 66.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,995 shares of the company’s stock after buying an additional 14,378 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in MidCap Financial Investment were worth $486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. D.A. Davidson & CO. lifted its position in shares of MidCap Financial Investment by 3.5% during the 4th quarter. D.A. Davidson & CO. now owns 298,481 shares of the company’s stock valued at $4,027,000 after acquiring an additional 10,100 shares during the period. J.W. Cole Advisors Inc. increased its position in shares of MidCap Financial Investment by 74.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 81,756 shares of the company’s stock worth $1,103,000 after acquiring an additional 34,875 shares in the last quarter. Allworth Financial LP raised its holdings in shares of MidCap Financial Investment by 197.8% in the 4th quarter. Allworth Financial LP now owns 2,558 shares of the company’s stock worth $35,000 after acquiring an additional 1,699 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in MidCap Financial Investment in the 4th quarter valued at about $607,000. Finally, Principal Securities Inc. boosted its stake in MidCap Financial Investment by 24.9% during the 4th quarter. Principal Securities Inc. now owns 26,927 shares of the company’s stock valued at $363,000 after purchasing an additional 5,362 shares during the last quarter. Institutional investors and hedge funds own 28.45% of the company’s stock.

MidCap Financial Investment Stock Down 0.1 %

MFIC stock opened at $14.69 on Friday. MidCap Financial Investment Co. has a fifty-two week low of $12.26 and a fifty-two week high of $16.36. The stock has a fifty day moving average of $13.75 and a 200-day moving average of $13.65. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 9.42 and a beta of 1.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 8.51 and a current ratio of 8.51.

Analyst Upgrades and Downgrades

MFIC has been the topic of a number of analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $14.00 price objective on shares of MidCap Financial Investment in a report on Tuesday, November 19th. Wells Fargo & Company upped their target price on MidCap Financial Investment from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, MidCap Financial Investment currently has an average rating of “Moderate Buy” and an average target price of $14.86.

MidCap Financial Investment Company Profile

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.