November 29, 2016 - By olga
The SVP and Chief Acctg Officer of American Capital Ltd, Mark Lindsey has made an unexpected sale in the ‘s company that is with a grand total value of $47,135 U.S. Dollars. As discovered in the Security and Exchange Commission electronic document filed on 29/11/2016, Mark sold 2,723 shares based on an average price per share of $17.3. This trade decreased his ownership of American Capital Ltd to 0.01% market cap or 29,523 shares.
Out of 3 analysts covering American Capital (NASDAQ:ACAS), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $18 is the highest target while $15 is the lowest. The $16.25 average target is -6.07% below today’s ($17.3) stock price. American Capital has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Zacks upgraded the stock to “Hold” rating in Monday, August 10 report. The stock of American Capital Ltd. (NASDAQ:ACAS) earned “Buy” rating by Cantor Fitzgerald on Friday, November 6. The stock has “Buy” rating given by Compass Point on Tuesday, December 8. Cantor Fitzgerald maintained it with “Hold” rating and $16 target price in Thursday, August 6 report. The company was downgraded on Thursday, August 4 by JP Morgan.
Insitutional Activity: The institutional sentiment increased to 0.78 in Q2 2016. Its up 0.12, from 0.66 in 2016Q1. The ratio improved, as 45 funds sold all American Capital Ltd. shares owned while 62 reduced positions. 35 funds bought stakes while 36 increased positions. They now own 120.07 million shares or 15.51% less from 142.12 million shares in 2016Q1.
Moreover, Westchester Capital Management Ltd has 1.18% invested in American Capital Ltd. (NASDAQ:ACAS) for 3.24 million shares. Dynamic Cap Mgmt Limited has invested 0.31% of its portfolio in American Capital Ltd. (NASDAQ:ACAS). Citadel Advsr Lc, a Illinois-based fund reported 106,151 shares. Winslow Evans & Crocker accumulated 0% or 690 shares. Hudson Canyon Inv Counselors Ltd Liability Corporation accumulated 1.38% or 76,045 shares. Blackrock accumulated 0.12% or 4.87 million shares. Fsi Group Inc Ltd Liability Corporation reported 200,000 shares or 1.94% of all its holdings. John G Ullman Associate has 109,005 shares for 0.35% of their US portfolio. The Massachusetts-based Geode Capital Ltd Liability Company has invested 0% in American Capital Ltd. (NASDAQ:ACAS). Assetmark has invested 0% of its portfolio in American Capital Ltd. (NASDAQ:ACAS). The Georgia-based Invesco has invested 0% in American Capital Ltd. (NASDAQ:ACAS). Jefferies Group Lc holds 0.01% or 75,103 shares in its portfolio. Iowa Financial Bank holds 600 shares or 0% of its portfolio. Muhlenkamp And accumulated 0.07% or 10,600 shares. Citigroup owns 1.49 million shares or 0.02% of their US portfolio.
Insider Transactions: Since July 28, 2016, the stock had 0 insider purchases, and 1 sale for $10,315 net activity. Lindsey Mark Wayne had sold 628 shares worth $10,315.
About 569,727 shares traded hands. American Capital Ltd. (NASDAQ:ACAS) has risen 10.06% since April 26, 2016 and is uptrending. It has outperformed by 4.80% the S&P500.
American Capital, Ltd. is a global asset manager and private equity firm. The company has a market cap of $3.70 billion. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and structured products. It currently has negative earnings. It primarily invests in senior and mezzanine debt and equity in buyouts of private companies sponsored by the Company (American Capital One Stop Buyouts) or sponsored by other private equity funds and provide capital directly to early-stage and mature private and small public companies (Sponsor Finance and Other Investments).
According to Zacks Investment Research, “AMERICAN CAPITAL STRATEGIES LTD. is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. American Capital and its affiliates invest chiefly in companies located in North America and Europe. As a publicly traded company, they offer shareholders an opportunity to invest in privately held middle market companies through ownership of their stock.”
Analysts await American Capital Ltd. (NASDAQ:ACAS) to report earnings on February, 15. They expect $0.14 EPS, down 41.67% or $0.10 from last year’s $0.24 per share. ACAS’s profit will be $29.94M for 30.89 P/E if the $0.14 EPS becomes a reality. After $0.15 actual EPS reported by American Capital Ltd. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.
Another recent and important American Capital Ltd. (NASDAQ:ACAS) news was published by Streetinsider.com which published an article titled: “Form 425 AMERICAN CAPITAL, LTD Filed by: ARES CAPITAL CORP” on November 25, 2016.
American Capital, Ltd. (American Capital), incorporated on February 10, 1986, is a global asset manager and private equity firm. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and structured products. It primarily invests in senior and mezzanine debt and equity in buyouts of private companies sponsored by the Company (American Capital One Stop Buyouts) or sponsored by other private equity funds and provide capital directly to early-stage and mature private and small public companies (Sponsor Finance and Other Investments). It also invests in first and second lien floating rate loans to the United States companies (Senior Floating Rate Loans or SFRL) and structured finance investments (Structured Products), including collateralized loan obligation (CLO) securities and commercial mortgages, and commercial mortgage backed securities (CMBS).
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