Zacks: MVC Capital, Inc. (MVC) receives an average "Strong Buy" recommendation from brokerage firms

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MVC Capital logo "title =" MVC Capital logo "clbad =" companylogo "/> MVC Capital, Inc. (NYSE: MVC) received an average Broker Score of 1.00 (Strong Buy) from two brokers who Zacks Investment Research reports that two financial badysts have badigned a high buy-to-action rating. </p> <p> According to Zacks, badysts have set a 12-month consensus target of 12.00 $ for Zacks Capital: an industry ranking of 89 out of 255 on the basis of ratings given to related companies </p> <p> Several brokers recently released reports on MVC.Zacks Investment Research raised MVC Capital's share price. From Wednesday, May 23rd, TheStreet put MVC Capital from a "c +" rating to a "b" rating in a report on Monday, June 4th, 2010 Maxim Group has confirmed a "buy" rating and set a target of $ 12.50 on MVC Capital shares in a report on Wednesday, July 13 Finally, ValuEngine has reduced MVC Capital from a "buy" rating to a "hold" rating in a report released on Monday, April 2nd. </p> <p>In addition, President Michael T. Tokarz acquired 5,000 shares of the company in a transaction dated Tuesday, July 10. The shares were purchased at an average price of $ 9.36 per share, for a total value of $ 46,800.00. As a result of the acquisition, the President now holds directly 984,932 shares of the Company, valued at $ 9,218,963.52. The transaction was disclosed in a document filed with the SEC, which is available at this link. 10.91% of the shares are held by insiders.</p> <p> A number of major investors have recently added or reduced their holdings in MVC. Stilwell Value LLC increased its holdings in MVC Capital by 2,659.8% in the first quarter. Stilwell Value LLC now holds 240,321 shares of the Portfolio Management Company valued at $ 2,386,000 after purchasing an additional 231,613 shares during the period. Millennium Management LLC increased its holdings in MVC Capital by 114.7% in the fourth quarter. Millennium Management LLC now holds 123,588 shares of the Portfolio Management Company valued at $ 1,305,000 after purchasing an additional 66,036 shares during the period. RMB Capital Management LLC acquired a new equity interest in MVC Capital during the first quarter, valued at $ 298,000. Ancora Advisors LLC increased its holdings in MVC Capital by 7.3% in the first quarter. Ancora Advisors LLC now holds 265,447 shares of the Portfolio Management Company valued at $ 2,636,000 after purchasing 17,983 additional shares during the period. Finally, Legal & General Group Plc increased its holdings in MVC Capital by 11.9% in the first quarter. Legal & General Group Plc now holds 75,747 shares of the Management Company, valued at $ 754,000, after purchasing 8,063 additional shares during the period. Institutional investors own 46.19% of the shares of the company. </p> <p> MVC Capital remained stable at $ 9.78 Friday during Friday's trading, reports Marketbeat. The company's stock recorded a trading volume of 12,461 shares, against an average volume of 42,510 shares. MVC Capital has a minimum of $ 9.25 in one year and a high of $ 10.97 in one year. The company has a quick ratio of 12.20, a ratio of 12.20 and a debt ratio of 0.46. </p> <p> MVC Capital (NYSE: MVC) last published its quarterly results on Monday, June 11. The investment management firm reported earnings per share (EPS) of $ 0.06 for the quarter. The company achieved a turnover of $ 5.50 million for the quarter. MVC Capital had a negative return on equity of 0.65% and a net margin of 74.18%. The sell-side badysts expect MVC Capital to post earnings per share of 0.18 for the current year. </p> <p> The company also recently unveiled a quarterly dividend to be paid on Tuesday, July 31. Shareholders of record on Thursday, July 26 will receive a dividend of $ 0.15 per share. The ex-dividend date of this dividend is Wednesday, July 25. This represents an annualized dividend of $ 0.60 and a dividend yield of 6.13%. The dividend payout ratio (DPR) of MVC Capital is -176.47%. </p> <p> <strong> About MVC Capital </strong> </p> <p> MVC Capital, Inc. is a non-diversified, closed-end investment company. The investment objective of the Company is to seek to maximize the total return of capital appreciation and / or income. The Company's segments are its investment activities as a business development company, including MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc. (MVCFS). </p> <p> Recommended history: Should you buy a closed-ended mutual fund? ] <!--Keyword: MVC Capital,NYSE:MVC,MVC,Finance,55382910,Ratings,Consensus--> <!--Ratings:4,2,NYSE:MVC--> </p> <p> Get a Free Copy of Zacks' Research Report on MVC Capital (MVC) </p> <p> For more information on Zacks Investment Research's research offerings, visit Zacks website .com </p> <p> <!-- end inline unit --><br /> <!-- end main text --><br /> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= for MVC Capital Daily – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings for MVC Capital and related companies with the free daily newsletter from MarketBeat.com.

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