SSE PLC (LON:SSE) “Sell” Rating Reiterated at Deutsche Bank; Main Street Capital (MAIN) Has 1.05 Sentiment

May 18, 2018 - By Maria Brooks

Main Street Capital Corporation (NYSE:MAIN) Logo

Today, Deutsche Bank kept their “Sell” rating on SSE PLC (LON:SSE)‘s stock in a research report revealed to clients.

Main Street Capital Corp (MAIN) investors sentiment decreased to 1.05 in 2017 Q4. It’s down -0.28, from 1.33 in 2017Q3. The ratio dived, as 59 investment professionals increased and opened new stock positions, while 56 reduced and sold equity positions in Main Street Capital Corp. The investment professionals in our database now possess: 13.85 million shares, down from 14.20 million shares in 2017Q3. Also, the number of investment professionals holding Main Street Capital Corp in top ten stock positions was flat from 4 to 4 for the same number . Sold All: 11 Reduced: 45 Increased: 45 New Position: 14.

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies. The company has market cap of $2.28 billion. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It has a 12.76 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

Ratings analysis reveals 25% of Main Street Capital’s analysts are positive. Out of 4 Wall Street analysts rating Main Street Capital, 1 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. MAIN was included in 4 notes of analysts from December 13, 2016. National Securities downgraded the stock to “Sell” rating in Tuesday, December 13 report. The rating was downgraded by FBR Capital to “Mkt Perform” on Friday, January 20. As per Monday, February 27, the company rating was downgraded by Raymond James. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, January 9 report.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Fool.com which released: “3 Things You Should Know About Main Street Capital’s First-Quarter Earnings” on May 09, 2018, also Seekingalpha.com with their article: “Main Street Capital’s (MAIN) CEO Vince Foster on Q1 2018 Results – Earnings Call Transcript” published on May 04, 2018, Streetinsider.com published: “Main Street Capital (MAIN) Reports In-Line Q1 EPS” on May 03, 2018. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Prnewswire.com and their article: “Main Street Announces Semi-Annual Supplemental Cash Dividend Payable in June 2018” published on April 19, 2018 as well as Benzinga.com‘s news article titled: “27 Stocks Moving In Thursday’s Pre-Market Session” with publication date: May 03, 2018.

The stock increased 0.26% or $0.1 during the last trading session, reaching $38.42. About 273,473 shares traded or 9.85% up from the average. Main Street Capital Corporation (MAIN) has risen 0.58% since May 18, 2017 and is uptrending. It has underperformed by 10.97% the S&P500.

Analysts await Main Street Capital Corporation (NYSE:MAIN) to report earnings on August, 2. They expect $0.62 EPS, up 6.90% or $0.04 from last year’s $0.58 per share. MAIN’s profit will be $36.86 million for 15.49 P/E if the $0.62 EPS becomes a reality. After $0.63 actual EPS reported by Main Street Capital Corporation for the previous quarter, Wall Street now forecasts -1.59% negative EPS growth.

Muzinich & Co. Inc. holds 9.77% of its portfolio in Main Street Capital Corporation for 1.90 million shares. Greenwich Investment Management Inc. owns 108,243 shares or 6.16% of their US portfolio. Moreover, Texan Capital Management has 3.48% invested in the company for 134,911 shares. The New York-based Silver Capital Management Llc has invested 3.12% in the stock. Mcgowan Group Asset Management Inc., a Texas-based fund reported 421,744 shares.

SSE plc produces, generates, distributes, and supplies electricity and gas, as well as other energy-related services in the United Kingdom and Ireland. The company has market cap of 14.29 billion GBP. It operates through three divisions: Wholesale, Networks, and Retail. It has a 10.45 P/E ratio. The firm generates electricity from gas, oil, coal, water, and wind.

Among 21 analysts covering SSE PLC (LON:SSE), 11 have Buy rating, 4 Sell and 6 Hold. Therefore 52% are positive. SSE PLC has GBX 1800 highest and GBX 1150 lowest target. GBX 1504.20’s average target is 6.55% above currents GBX 1411.675 stock price. SSE PLC had 224 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, September 16, the company rating was maintained by Goldman Sachs. JP Morgan maintained the stock with “Neutral” rating in Wednesday, November 8 report. UBS maintained SSE plc (LON:SSE) rating on Thursday, November 12. UBS has “Buy” rating and GBX 1670 target. The firm has “Restricted” rating given on Wednesday, January 3 by Credit Suisse. The stock of SSE plc (LON:SSE) has “Sell” rating given on Friday, September 11 by Goldman Sachs. The firm has “Sell” rating by Deutsche Bank given on Thursday, June 15. The firm earned “Restricted” rating on Monday, March 5 by Credit Suisse. The rating was maintained by Jefferies on Monday, October 31 with “Hold”. On Thursday, December 24 the stock rating was maintained by AlphaValue with “Reduce”. The company was downgraded on Thursday, November 5 by Goldman Sachs.

Main Street Capital Corporation (NYSE:MAIN) Institutional Positions Chart

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