The Bear Case for Ares Capital Corporation (ARCC)

08 December, 2017, 03:35 | Author: Regina Silva

Argent Trust Company sold 23,617 shares as Ares Capital Corp (ARCC)'s stock declined 6.68%. The Sfmg Llc holds 127,595 shares with $2.09M value, up from 99,150 last quarter. The firm has a market capitalization of $6,897.52, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 3.91 and a beta of 0.63. The stock decreased 0.49% or $0.08 during the last trading session, reaching $16.1.

The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 1.90 for ARCC and 3.00 for FSIC, which implies that analysts are more bullish on the outlook for FSIC. Ares Management, L.P. (NYSE:ARES) has risen 31.82% since December 7, 2016 and is uptrending. It has underperformed by 6.98% the S&P500. BMO Capital Markets has "Hold" rating and $15.0 target.

Ratings analysis reveals 70% of Ares Management's analysts are positive. 2,017 were reported by First Manhattan Com.

The stock of VIVUS, Inc. The firm has "Buy" rating given on Wednesday, June 14 by Keefe Bruyette & Woods.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. (NASDAQ:VVUS) rating on Thursday, November 5. See OraSure Technologies, Inc.

Among 10 analysts covering Ares Management (NYSE:ARES), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 100% are positive.

Ares Capital Corporation (ARCC) has been given an average price target of $18.03 from analysts, according to data collected by Finviz. On Thursday, February 25 the stock rating was maintained by Barclays Capital with "Overweight". As per Friday, October 6, the company rating was maintained by BMO Capital Markets. 29,187 were accumulated by Cetera Advsrs Ltd. Da Davidson holds 0% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 47,000 shares. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. The firm earned "Outperform" rating on Friday, March 24 by Wood. Zacks upgraded the stock to "Hold" rating in Wednesday, August 5 report. Jefferies maintained the stock with "Buy" rating in Tuesday, August 15 report. Bank of America downgraded the shares of ARES in report on Wednesday, August 10 to "Neutral" rating. The stock has "Neutral" rating by National Securities on Tuesday, June 28. The Price to Book ratio for this stock is 0.98, compared to the industry Price to Book ratio of 1.14. It is negative, as 63 investors sold ARCC shares while 88 reduced holdings.

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Hedge funds have recently added to or reduced their stakes in the stock. Amer Century Cos Inc invested in 1.18 million shares.

Citigroup holds 0% or 623 shares. The company was upgraded on Thursday, October 1 by Macquarie Research.

Ares Capital Corporation is a specialty finance company.

Ares Capital Corporation (ARCC)'s distance from 200 day simple moving average is -2.24 percent, its distance from 50 day simple moving average is -0.45 percent, while its distance from 20 day simple moving average is -0.04 percent. US Bancorp DE now owns 54,004 shares of the investment management company's stock valued at $885,000 after purchasing an additional 967 shares in the last quarter.

Yorktown Management & Research Co Inc, which manages about $931.40M and $313.59M US Long portfolio, decreased its stake in New Residential Invt Corp by 1.10M shares to 560,000 shares, valued at $8.71M in 2017Q2, according to the filing. Prelude Capital Mngmt Limited Liability has invested 0.01% of its portfolio in VIVUS, Inc. The Texas-based Wfg Advisors Lp has invested 0.02% in the stock. Dreman Value Management L L C reported 0.16% in Ares Capital Corporation (NASDAQ:ARCC). Maltese Capital Management Limited Liability Company stated it has 0.65% in Ares Capital Corporation (NASDAQ:ARCC). Eaton Vance Mngmt stated it has 59,000 shares. Credit Suisse Ag reported 0% stake. Raymond James Financial Serv Advisors Incorporated has 0.02% invested in Ares Capital Corporation (NASDAQ:ARCC) for 152,665 shares. 11,893 were reported by Park Avenue Lc.

VIVUS, Inc., a biopharmaceutical company, develops and commercializes therapies to address unmet medical needs in the United States and the European Union. It operates in two divisions, OSUR and DNAG.

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. The firm also offers other diagnostic products, such as immunoassays and other in vitro diagnostic tests. Ffcm LLC now owns 6,840 shares of the investment management company's stock valued at $113,000 after buying an additional 4,695 shares during the last quarter.


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