The Medley Management Inc (MDLY) Downgraded by Ladenburg Thalmann Financial Services to “Neutral”

The Medley Management Inc (MDLY) Downgraded by Ladenburg Thalmann Financial Services to “Neutral”

Several other equities analysts also recently commented on MDLY. Zacks Investment Research downgraded Medley Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 18th. FBR & Co raised their price objective on Medley Management to $10.00 in a research report on Friday, January 20th. Finally, Keefe, Bruyette & Woods set a $7.00 price objective on Medley Management and gave the stock a “hold” rating in a research report on Friday, May 12th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $9.21.

Medley Management Inc (NASDAQ:MDLY) was downgraded by investment analysts at Ladenburg Thalmann Financial Services from a “buy” rating to a “neutral” rating in a research note issued on Monday, May 15th.

Medley Management (MDLY) opened at 5.80 on Monday. Medley Management has a 12 month low of $5.45 and a 12 month high of $10.65. The company has a 50-day moving average of $6.82 and a 200-day moving average of $8.67. The company has a market cap of $32.70 million and a price-to-earnings ratio of 64.44.

Medley Management (NASDAQ:MDLY) last posted its earnings results on Friday, May 12th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.16 by $0.06. The business had revenue of $14 million during the quarter, compared to analysts’ expectations of $19.67 million. The company’s revenue was down 20.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 EPS. Analysts predict that Medley Management will post $0.51 EPS for the current year. The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Investors of record on Monday, May 22nd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, May 18th. This represents a $0.80 annualized dividend and a yield of 13.79%.

A number of large investors have recently added to or reduced their stakes in the company. KCG Holdings Inc. acquired a new stake in Medley Management during the first quarter valued at approximately $120,000. Renaissance Technologies LLC boosted its stake in shares of Medley Management by 10.6% in the first quarter. Renaissance Technologies LLC now owns 132,470 shares of the company’s stock worth $1,100,000 after buying an additional 12,722 shares during the period. Geode Capital Management LLC boosted its stake in shares of Medley Management by 8.8% in the first quarter. Geode Capital Management LLC now owns 43,762 shares of the company’s stock worth $363,000 after buying an additional 3,556 shares during the period. Vanguard Group Inc. boosted its stake in shares of Medley Management by 1.3% in the first quarter. Vanguard Group Inc. now owns 243,276 shares of the company’s stock worth $2,019,000 after buying an additional 3,159 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Medley Management by 6.0% in the first quarter. TIAA CREF Investment Management LLC now owns 26,190 shares of the company’s stock worth $217,000 after buying an additional 1,482 shares during the period. About Medley Management

Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:MDLY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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