Investors Bet Big on New Mountain Finance

Big Investors Boost Stakes

• LPL Financial LLC increased its investment by 5.3% in Q1, now owning 184,034 shares worth $2.03 million.
• Other major investors include Merit Financial Group, Vise Technologies, and Oppenheimer & Co.
• 32% of the company is owned by these institutional investors.

Stock Performance and Financial Health

• Current Stock Price: $10.40 (opened)
• 52-Week Range: $8.84 (low) – $12.44 (high)
• Financial Ratios:
• Quick Ratio: 1.42
• Current Ratio: 1.42
• Debt-to-Equity Ratio: 1.35
• Market Cap: $1.11 billion

Earnings and Dividends

• Earnings per Share (EPS): $0.32 (met expectations)
• Revenue: $83.49 million (slightly below forecast of $84.57 million)
• Quarterly Dividend: $0.32 per share ($1.28 annually)

Analyst Sentiment

• Mixed Reviews: Some analysts recommend buying, while others suggest waiting.
• Average Price Target: $10.75

Investment Strategy

• Focuses on middle-market companies with growth potential.
• Engages in lending and investing in these businesses.
• Strategy can be risky but rewarding.