Barings Participation Investors (NYSE:MPV) Shares Pass Below 200-Day Moving Average – Time to Sell?

Shares of Barings Participation Investors (NYSE:MPV) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.31 and traded as low as $18.92. Barings Participation Investors shares last traded at $19.12, with a volume of 4,544 shares changing hands.

Barings Participation Investors Price Performance

The firm’s 50-day moving average is $18.62 and its two-hundred day moving average is $19.31.

Barings Participation Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 7.7%. The ex-dividend date was Tuesday, December 30th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barings LLC increased its stake in Barings Participation Investors by 1.0% during the fourth quarter. Barings LLC now owns 283,014 shares of the financial services provider’s stock worth $4,497,000 after acquiring an additional 2,673 shares during the last quarter. Benjamin Edwards Inc. increased its position in shares of Barings Participation Investors by 0.7% during the 4th quarter. Benjamin Edwards Inc. now owns 250,172 shares of the financial services provider’s stock valued at $3,975,000 after purchasing an additional 1,617 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Barings Participation Investors by 8.5% during the 2nd quarter. Osaic Holdings Inc. now owns 195,996 shares of the financial services provider’s stock valued at $3,941,000 after purchasing an additional 15,329 shares during the last quarter. LPL Financial LLC raised its holdings in Barings Participation Investors by 2.8% during the 4th quarter. LPL Financial LLC now owns 162,606 shares of the financial services provider’s stock valued at $2,584,000 after buying an additional 4,418 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in Barings Participation Investors by 6.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 133,523 shares of the financial services provider’s stock worth $2,122,000 after buying an additional 8,007 shares during the last quarter.

Barings Participation Investors Company Profile

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S.