New Mountain Finance Corp (NYSE:NMFC) Q4 2018 Sentiment Report

Sentiment for New Mountain Finance Corp (NYSE:NMFC)

New Mountain Finance Corp (NYSE:NMFC) institutional sentiment decreased to 1.02 in 2018 Q4. Its down -0.19, from 1.21 in 2018Q3. The ratio fall, as 45 investment professionals started new or increased equity positions, while 44 trimmed and sold equity positions in New Mountain Finance Corp. The investment professionals in our partner’s database now hold: 23.98 million shares, down from 24.11 million shares in 2018Q3. Also, the number of investment professionals holding New Mountain Finance Corp in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 11 Reduced: 33 Increased: 31 New Position: 14.

New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. The company has market cap of $1.08 billion. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. It has a 14.72 P/E ratio. It seeks to invest in United States.

The stock increased 0.30% or $0.04 during the last trading session, reaching $13.37. About 328,572 shares traded. New Mountain Finance Corporation (NYSE:NMFC) has risen 4.17% since March 17, 2018 and is uptrending. It has underperformed by 0.20% the S&P500.

Analysts await New Mountain Finance Corporation (NYSE:NMFC) to report earnings on May, 6. They expect $0.35 earnings per share, up 2.94 % or $0.01 from last year’s $0.34 per share. NMFC’s profit will be $28.14 million for 9.55 P/E if the $0.35 EPS becomes a reality. After $0.36 actual earnings per share reported by New Mountain Finance Corporation for the previous quarter, Wall Street now forecasts -2.78 % negative EPS growth.

Round Table Services Llc holds 6.97% of its portfolio in New Mountain Finance Corporation for 1.46 million shares. Muzinich & Co. Inc. owns 1.05 million shares or 3.75% of their US portfolio. Moreover, Partners Group Holding Ag has 1.76% invested in the company for 975,930 shares. The Texas-based Beck Capital Management Llc has invested 0.92% in the stock. West Family Investments Inc., a Illinois-based fund reported 275,939 shares.

Since January 1, 0001, it had 8 insider buys, and 0 sales for $2.99 million activity.

New Mountain Finance Corporation (NYSE:NMFC) Ratings Coverage

Ratings analysis reveals 100% of New Mountain Finance’s analysts are positive. Out of 2 Wall Street analysts rating New Mountain Finance, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $14 while the high is $15. The stock’s average target of $14.50 is 8.45% above today’s ($13.37) share price. NMFC was included in 2 notes of analysts from October 4, 2018. Oppenheimer maintained New Mountain Finance Corporation (NYSE:NMFC) rating on Thursday, February 28. Oppenheimer has “Buy” rating and $15 target. Wells Fargo maintained the stock with “Outperform” rating in Thursday, October 4 report.

More notable recent New Mountain Finance Corporation (NYSE:NMFC) news were published by: Seekingalpha.com which released: “Stable 9.5% Yield And Shareholder Approval To Increase Leverage – Seeking Alpha” on August 01, 2018, also Streetinsider.com with their article: “New Mountain Finance (NMFC) Prices 3.75M Offering of Common Stock at $13.57/Share – StreetInsider.com” published on February 12, 2019, Seekingalpha.com published: “Mountain Finance Corporation: This 5.75% Baby Bond Has Begun Trading On The NYSE – Seeking Alpha” on October 02, 2018. More interesting news about New Mountain Finance Corporation (NYSE:NMFC) were released by: Seekingalpha.com and their article: “New Mountain Finance’s Shortage Of Cash Income – Seeking Alpha” published on March 06, 2019 as well as Seekingalpha.com‘s news article titled: “Dividend Cuts For The High-Yield BDC Sector – Seeking Alpha” with publication date: March 05, 2019.

New Mountain Finance Corporation (NYSE:NMFC) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.