Medley Management Inc maintained as Hold By Keefe Bruyette Woods

Jay Anderson
May 18, 2017

Zpr Investment Management holds 4.41% of its portfolio in Trueblue Inc for 103,227 shares.

A number of equities research analysts have recently commented on the company. Finally, Ladenburg Thalmann Financial Services downgraded Medley Management from a "buy" rating to a "neutral" rating in a research note on Monday. FBR & Co raised their target price on Medley Management to $10.00 in a research note on Friday, January 20th. Out of 5 Wall Street analysts rating TrueBlue, 0 give it "Buy", 2 "Sell" rating, while 3 recommend "Hold". They now have a Dollars 7 price target on the stock.

Medley Management (NASDAQ:MDLY) opened at 6.35 on Monday. The firm has a 50-day moving average price of $7.52 and a 200-day moving average price of $7.60. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.05.

The Total Revenue for first quarter decreased 20% to $ 14.00 million from $ 17.57 million in the same quarter a year ago. The firm's revenue for the quarter was down 20.7% compared to the same quarter a year ago. They expect $0.43 EPS, down 15.69% or $0.08 from last year's $0.51 per share. Equities analysts predict that Medley Capital Corp will post $0.77 earnings per share for the current fiscal year.

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The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . The business had revenue of $673.63 million during the quarter, compared to the consensus estimate of $721.93 million.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Monday, May 22nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 12.12%. The ex-dividend date is Thursday, May 18th. Medley Capital Corp had a net margin of 15.63% and a return on equity of 9.16%. The shares were purchased at an average cost of $6.16 per share, with a total value of $1,417,643.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Brook Taube bought 12,060 shares of the firm's stock in a transaction that occurred on Friday, March 17th. The shares were bought at an average price of $7.48 per share, for a total transaction of $880,246.40. The disclosure for this purchase can be found here. Ares Management LLC now owns 961,710 shares of the investment management company's stock valued at $7,396,000 after buying an additional 126,600 shares during the period.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Arete Wealth Advisors LLC now owns 36,420 shares of the investment management company's stock worth $278,000 after buying an additional 170 shares during the last quarter. Malaga Cove Capital LLC now owns 13,900 shares of the investment management company's stock valued at $114,000 after buying an additional 900 shares in the last quarter. Bank of New York Mellon Corp now owns 47,084 shares of the company's stock valued at $391,000 after buying an additional 3,208 shares during the last quarter. Medley Management has a 12-month low of $5.11 and a 12-month high of $10.65.

Medley Capital Corporation was downgraded to "neutral" by analysts at Janney Montgomery Scott. The company has a market cap of $38.34 million, a PE ratio of 366.67 and a beta of 1.44.

12/12/2016 - Medley Capital Corporation was downgraded to " by analysts at Janney Montgomery Scott.

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