$0.35 EPS Expected for New Mountain Finance Corporation (NMFC)

October 13, 2018 - By Nellie Frank

Investors sentiment decreased to 0.73 in 2018 Q2. Its down 0.17, from 0.9 in 2018Q1. It turned negative, as 13 investors sold New Mountain Finance Corporation shares while 36 reduced holdings. 13 funds opened positions while 23 raised stakes. 24.77 million shares or 8.93% less from 27.20 million shares in 2018Q1 were reported.
Bard has invested 0.13% in New Mountain Finance Corporation (NYSE:NMFC). Moreover, D E Shaw Com has 0% invested in New Mountain Finance Corporation (NYSE:NMFC). 15,104 were accumulated by Bluecrest Cap Mngmt Ltd. Blackrock holds 0% or 308,002 shares in its portfolio. Paw Cap Corporation holds 95,000 shares. State Of Tennessee Treasury Department holds 0% or 16,918 shares. Millennium Mngmt Llc holds 0% in New Mountain Finance Corporation (NYSE:NMFC) or 57,111 shares. Lpl Financial Ltd Llc reported 22,816 shares. Partners Group Holdings Ag reported 1.04 million shares. 22,540 were reported by Cibc Ww Inc. Sumitomo Mitsui Asset Management Co Limited stated it has 0.05% of its portfolio in New Mountain Finance Corporation (NYSE:NMFC). Wells Fargo Mn reported 5.96M shares stake. 12,400 are owned by Cullen Frost Bankers Inc. Tower Ltd Liability Com (Trc) invested 0% of its portfolio in New Mountain Finance Corporation (NYSE:NMFC). Sigma Planning Corporation has 0.09% invested in New Mountain Finance Corporation (NYSE:NMFC) for 100,952 shares.

Since September 6, 2018, it had 4 insider purchases, and 0 selling transactions for $662,879 activity. On Thursday, September 6 the insider HAMWEE ROBERT bought $205,563. 12,000 shares were bought by Weinstein Adam, worth $164,838 on Thursday, September 6. 4,000 shares were bought by Stone James, worth $54,928 on Thursday, September 6.

Analysts expect New Mountain Finance Corporation (NYSE:NMFC) to report $0.35 EPS on November, 6.They anticipate $0.02 EPS change or 6.06 % from last quarter’s $0.33 EPS. NMFC’s profit would be $26.64M giving it 9.41 P/E if the $0.35 EPS is correct. After having $0.34 EPS previously, New Mountain Finance Corporation’s analysts see 2.94 % EPS growth. The stock increased 0.76% or $0.1 during the last trading session, reaching $13.18. About 332,006 shares traded or 40.00% up from the average. New Mountain Finance Corporation (NYSE:NMFC) has declined 2.49% since October 14, 2017 and is downtrending. It has underperformed by 18.11% the S&P500.

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 $1.00 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 7.08 P/E ratio. It seeks to invest in United States.

More recent New Mountain Finance Corporation (NYSE:NMFC) news were published by: Seekingalpha.com which released: “New Mountain Finance Corporation prices $50M of 5.75% notes due 2023” on September 21, 2018. Also Seekingalpha.com published the news titled: “New Mountain Finance plans public notes offering” on September 20, 2018. Seekingalpha.com‘s news article titled: “Mountain Finance Corporation: This 5.75% Baby Bond Has Begun Trading On The NYSE” with publication date: October 02, 2018 was also an interesting one.

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

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