Analyst Hints Surrounding Ares Capital Corporation (ARCC)
- Author: Zachary Reyes Feb 16, 2017,
Feb 16, 2017, 6:21
On Sep 16 Ares Capital Corporation (NASDAQ:ARCC) reported its EPS in the last quarter as $0.43/Share beating the analyst estimate of $0.39/Share by the difference of $0.04. Muzinich & Co. Inc. now owns 3,606,602 shares of the investment management company's stock valued at $55,902,000 after buying an additional 2,209,623 shares during the period.
Ares Capital Corporation has a broker recommendation of 1.56.
Many brokerage firms are involved in issuing their ratings on Tahoe Resources Inc.
U.S. based company, Ares Capital Corporation's (ARCC)'s latest closing price distance was 16.71% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 6.07% and 3.11% compared with the 20 Day Moving Average.
The consensus recommendation for BB&T Corporation (NYSE:BBT) is 2.47. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Finally, OMERS ADMINISTRATION Corp boosted its stake in Ares Capital Corporation by 573.5% in the third quarter. Finally, Ipswich Investment Management Co. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/02/14/perennial-advisors-llc-purchases-shares-of-81717-ares-capital-corporation-arcc.html. Ipswich Investment Management Co. Commenting on the surprise factor, the preceding quarter predicted EPS figure by analysts was $0.38.
This company has been competing with others in the Financial space and offers its own combination of interesting factors Ares Capital Corporation (ARCC) now trades with a market capitalization of $5.49 Billion. The Stock has YTD (year to date) performance of 5.94 percent.
Ares Capital Corporation (NASDAQ:ARCC) share price increased in the last trading session with a previous 52-week high of $17.41. The stock price recently experienced a 5-day gain of 1.62% with 0.21 average true range (ATR).
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BB&T Corporation is a multi-bank holding company. Shareholders of record on Thursday, December 15th were given a dividend of $0.38 per share. Zacks Investment Research cut Ares Capital Corporation from a "buy" rating to a "hold" rating in a research report on Monday, February 6th. The analysts, on average, are forecasting a $17.15 price target, but the stock is already up 58% from its recent lows. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Ares Capital Corporation presently has an average rating of "Buy" and an average price target of $17.19. Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private USA middle market companies. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in the United States middle-market companies.