FBR Lowers Rating on Four Investment Companies

December 21, 2011 11:06 AM EST
Get Alerts FNB Hot Sheet
Price: $18.90 -0.47%

Rating Summary:
    12 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 24 | New: 9
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This morning, FBR downgraded finance companies F.N.B. Corporation (NYSE: FNB), Fifth Street Finance (NYSE: FSC), MCG Capital (Nasdaq: MCGC) and PennantPark Investment Corp (Nasdaq: PNNT) from Outperform to Market Perform.

MCGC is down almost 2%, but the three others are down less that 1%.

Currently, FNB and MCGC offer dividends, paying out approximately 4.5% and 17.70% (annual-basis), respectively.


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