Private equity and debt investment company MVC Capital has
reported five Insider trades since Dec. 31, according to
GuruFocus Insider Cluster Buys
The transactions consisted of three share purchases and two share
sells, as broken down below:
1. MVC Capital Chairman Michael Tokarz purchased
shares at $12.17.
2. Director Robert C. Knapp sold
shares at $12.13.
3. Managing Director Bruce W. Shewmaker bought
4. Director Robert Knapp sold
shares at $12.12.
5. Director Gerald Hellerman bought
shares at $12.15.
(View insider data at
As GuruFocus has
, multiple purchases by several execs in a short amount of time
signals big gains to come.
Although MVC Capital's market value has only gone up only 2.02
percent within the last year, its dividend income for the 2012
year has increased to $5.1 million compared to $2.9 million in
2011, a 12.9 percent increase.
Market capitalized at $293.6 million, MVC Capital provides
long-term equity and debt investments to small and middle-market
companies to fund business growth, acquisitions and
recapitalizations (mvccapital.com). New York-based Tokarz Group
Advisers is MVC's investment adviser. MVC Capital has served
companies in various industries from automotive, energy and
financial services, to entertainment, medical and industrial.
, Michael Price and Mario Gabelli are big holders of MVC Capital
shares. (MVC: Guru Trades).
MVC has an annual revenue growth of 23.74 percent. It reported a
total operating income of $6.1 million in the fourth quarter
compared to $3.4 million in the same period in 2011. The company
increased in interest and borrowing costs in the fourth quarter
year over year by $103,000.
Chairman Tokarz heads MVC's investment advising company, and has
30 years of lending and investment experience. He is a former
partner at Kohlberg Kravis Roberts & Co. (
), and has reported making big buys in MVC Capital shares over
the years. Just last June, he purchased 30,000 shares, as well as
10,108 shares two months prior. (Michael Tokarz Market Overview)
Overall, MVC's insiders reveal consistent company confidence
based on its insider trading history.
One of MVC's six Warning Signs denote a dividend payout ratio
that's too high. To be exact, MVC's dividend yield comes up to
In October, MVC distributed a quarterly dividend of $0.13 per
share, which increased 12.5 percent from the amount in the prior
quarter. In December, MVC paid the same dividend rate by the end
of the month, which totaled $88.9 million in distributions.
MVC has a trade price of $12.26, and is up 0.86 percent about an
hour before market close.
To view its financial stats, visit 10-Year Financials.
Hurry and Get the GuruFocus 15% Off Premium Membership
GuruFocus' long list of Premium Membership perks provides many
opportunities to follow your favorite Gurus and stocks more
closely. If you are not a Premium Member yet,
we invite you to take advantage of our limited-time offer
of 15% off our normal Premium Membership rate. Click on GuruFocus
New Year Discount now!
About GuruFocus: GuruFocus.com tracks the stocks picks and
portfolio holdings of the world's best investors. This value
investing site offers stock screeners and valuation tools. And
publishes daily articles tracking the latest moves of the world's
best investors. GuruFocus also provides promising stock ideas in
3 monthly newsletters sent to