Is New Mountain Finance Corp (NYSE:NMFC) Going to Burn These Institutional Investors?

Sentiment for New Mountain Finance Corp (NYSE:NMFC)

New Mountain Finance Corp (NYSE:NMFC) institutional sentiment increased to 2.04 in Q1 2019. Its up 1.02, from 1.02 in 2018Q4. The ratio is positive, as 57 active investment managers increased or opened new positions, while 28 cut down and sold their stakes in New Mountain Finance Corp. The active investment managers in our partner’s database now hold: 25.75 million shares, up from 23.98 million shares in 2018Q4. Also, the number of active investment managers holding New Mountain Finance Corp in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 5 Reduced: 23 Increased: 41 New Position: 16.

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 $1.11 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 12.34 P/E ratio. It seeks to invest in United States.

The stock increased 0.66% or $0.09 during the last trading session, reaching $13.8. About 635,971 shares traded or 58.82% up from the average. New Mountain Finance Corporation (NYSE:NMFC) has risen 2.87% since July 14, 2018 and is uptrending. It has underperformed by 1.56% the S&P500.

Analysts await New Mountain Finance Corporation (NYSE:NMFC) to report earnings on August, 7 after the close. They expect $0.35 EPS, up 2.94 % or $0.01 from last year’s $0.34 per share. NMFC’s profit will be $28.18M for 9.86 P/E if the $0.35 EPS becomes a reality. After $0.34 actual EPS reported by New Mountain Finance Corporation for the previous quarter, Wall Street now forecasts 2.94 % EPS growth.

Round Table Services Llc holds 6.84% of its portfolio in New Mountain Finance Corporation for 1.46 million shares. Partners Group Holding Ag owns 857,805 shares or 1.6% of their US portfolio. Moreover, Muzinich & Co. Inc. has 1.03% invested in the company for 933,594 shares. The Illinois-based West Family Investments Inc. has invested 0.94% in the stock. Beck Capital Management Llc, a Texas-based fund reported 92,529 shares.

Since January 1, 0001, it had 1 insider buy, and 0 sales for $21,456 activity.

More notable recent New Mountain Finance Corporation (NYSE:NMFC) news were published by: Businesswire.com which released: “New Mountain Finance Corporation Announces Completion of $115 Million of 5.75% Convertible Notes due 2023 – Business Wire” on August 30, 2018, also Streetinsider.com with their article: “EP Energy Corp. (EPE) Receives NYSE Continued Listing Notice – StreetInsider.com” published on January 09, 2019, Businesswire.com published: “New Mountain Finance Corporation Schedules Its First Quarter 2019 Earnings Release and Dividend Announcement – Business Wire” on April 04, 2019. More interesting news about New Mountain Finance Corporation (NYSE:NMFC) were released by: Seekingalpha.com and their article: “10% Yielding New Mountain Finance Receives Fitch Rating – Seeking Alpha” published on April 24, 2019 as well as Seekingalpha.com‘s news article titled: “Is FS KKR Capital’s 12.2% Yield At Risk? – Seeking Alpha” with publication date: January 30, 2019.

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

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