<div id="readability-page-1"><p>Mercer Global Advisors Inc. ADV decreased its stake in shares of  Main Street Capital Co. (NYSE:MAIN - Free Report) by 78.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 15,383 shares of the financial services provider's stock after selling 56,225 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Main Street Capital were worth $901,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Main Street Capital</strong> alerts:</span></p></div><p>A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of  Main Street Capital during the fourth quarter worth about $10,460,000.  Invesco Ltd. grew its stake in shares of  Main Street Capital by 470.4% during the 4th quarter. Invesco Ltd. now owns 139,166 shares of the financial services provider's stock worth $8,152,000 after acquiring an additional 114,768 shares in the last quarter.  First Trust Advisors LP acquired a new stake in shares of  Main Street Capital in the fourth quarter valued at approximately $6,059,000.  Morgan Dempsey Capital Management LLC bought a new stake in shares of  Main Street Capital in the fourth quarter worth $6,007,000.  Finally, Van ECK Associates Corp boosted its holdings in  Main Street Capital by 7.8% during the fourth quarter. Van ECK Associates Corp now owns 1,288,309 shares of the financial services provider's stock worth $75,469,000 after purchasing an additional 92,833 shares during the last quarter. 20.31% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Main Street Capital Stock Performance</h2><p>Shares of MAIN stock opened at $52.82 on Friday. The stock has a market cap of $4.68 billion, a P/E ratio of 9.57 and a beta of 0.86. The company has a fifty day moving average price of $54.72 and a two-hundred day moving average price of $56.29. Main Street Capital Co. has a one year low of $45.00 and a one year high of $63.32. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.08. </p><p>Main Street Capital (NYSE:MAIN - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The financial services provider reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.01. Main Street Capital had a return on equity of 13.83% and a net margin of 89.25%. The business had revenue of $137.05 million during the quarter, compared to analysts' expectations of $137.50 million.  As a group, equities analysts predict that  Main Street Capital Co. will post 4.11 EPS for the current year. </p><h2>Main Street Capital Increases Dividend</h2><p>The firm also recently declared a monthly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be issued a dividend of $0.255 per share. This is an increase from Main Street Capital's previous monthly dividend of $0.25. The ex-dividend date is Monday, September 8th. This represents a $3.06 annualized dividend and a yield of 5.79%. Main Street Capital's dividend payout ratio (DPR) is currently 51.37%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities research analysts have commented on MAIN shares. UBS Group cut their price target on shares of Main Street Capital from $55.00 to $54.00 and set a &#34;neutral&#34; rating on the stock in a research report on Thursday, April 17th. Truist Financial upped their target price on Main Street Capital from $52.00 to $62.00 and gave the stock a &#34;hold&#34; rating in a report on Monday, March 3rd. Four 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.com, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $52.60.</p><p><b>Read Our Latest Analysis on Main Street Capital</b></p><h2>Insider Buying and Selling at Main Street Capital</h2><p>In related news, insider David L. Magdol sold 100,000 shares of the company's stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $58.05, for a total value of $5,805,000.00. Following the transaction, the insider now owns 377,182 shares in the company, valued at approximately $21,895,415.10. This represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, CEO Dwayne L. Hyzak sold 120,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total transaction of $6,966,000.00. Following the sale, the chief executive officer now owns 402,371 shares of the company's stock, valued at $23,357,636.55. This trade represents a 22.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own  4.00% of the company's stock. </p><h2>Main Street Capital Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Main Street Capital</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?</li><li>3 Tickers Leading a Meme Stock Revival</li><li>Here's The Reason Goldman Sachs Is Bullish On MercadoLibre Stock</li><li>How to Choose Top Rated Stocks</li><li>Analyst-Favorite Bitcoin Miner CleanSpark: Worth the Hype?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1BSU4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1BSU4"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Main Street Capital Right Now?</h2><p>Before you consider Main Street Capital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Main Street Capital wasn't on the list.</p><p>While Main Street Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MAIN

<p>Mercer Global Advisors Inc. ADV reduced its stake in Main Street Capital Co. (NYSE:MAIN) by 78.5% in Q4, selling 56,225 shares, leaving it with 15,383 shares valued at $901,000. Other institutional investors also adjusted their positions, with Raymond James acquiring a new stake worth $10.46 million. Main Street Capital recently declared a monthly dividend increase to $0.255 per share, with a yield of 5.79%. Analysts have mixed ratings on the stock, with an average target price of $52.60.</p>

Mercer Global Advisors Inc. ADV Sells 56,225 Shares of Main Street Capital Co. (NYSE:MAIN)