Expedia Del (EXPE) Shareholder Contour Asset Management Has Increased Position by $5.98 Million as Stock Price Rose; Ares Management Has Trimmed Its Holding in Solar Capital LTD (SLRC) by $1.82 Million

January 14, 2018 - By Marie Mckinney

Ares Management Llc decreased its stake in Solar Capital Ltd (SLRC) by 26.23% based on its latest 2017Q3 regulatory filing with the SEC. Ares Management Llc sold 86,827 shares as the company’s stock declined 2.85% while stock markets rallied. The institutional investor held 244,190 shares of the company at the end of 2017Q3, valued at $5.32M, down from 331,017 at the end of the previous reported quarter. Ares Management Llc who had been investing in Solar Capital Ltd for a number of months, seems to be less bullish one the $882.83M market cap company. The stock increased 3.36% or $0.68 during the last trading session, reaching $20.89. About 222,813 shares traded or 50.14% up from the average. Solar Capital Ltd. (NASDAQ:SLRC) has risen 18.52% since January 14, 2017 and is uptrending. It has outperformed by 1.82% the S&P500.

Contour Asset Management Llc increased its stake in Expedia Inc Del (EXPE) by 7.21% based on its latest 2017Q3 regulatory filing with the SEC. Contour Asset Management Llc bought 41,812 shares as the company’s stock rose 18.57% with the market. The hedge fund held 621,997 shares of the consumer services company at the end of 2017Q3, valued at $89.53 million, up from 580,185 at the end of the previous reported quarter. Contour Asset Management Llc who had been investing in Expedia Inc Del for a number of months, seems to be bullish on the $20.18B market cap company. The stock increased 2.28% or $2.92 during the last trading session, reaching $132.33. About 2.25M shares traded. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since January 14, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Among 36 analysts covering Expedia Inc. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Expedia Inc. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, September 11 by Cowen & Co. CLSA initiated the shares of EXPE in report on Thursday, December 8 with “Outperform” rating. The rating was maintained by Wells Fargo with “Buy” on Wednesday, September 6. The stock of Expedia, Inc. (NASDAQ:EXPE) has “Market Perform” rating given on Thursday, May 18 by Raymond James. Credit Suisse maintained it with “Neutral” rating and $130 target in Thursday, February 11 report. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, October 30. The firm has “Hold” rating given on Friday, October 27 by Bank of America. The stock has “Sell” rating by Stifel Nicolaus on Monday, February 22. The rating was downgraded by Vetr on Thursday, September 17 to “Buy”. The rating was maintained by Citigroup on Friday, October 27 with “Buy”.

Contour Asset Management Llc, which manages about $2.80 billion and $1.78 billion US Long portfolio, decreased its stake in Wayfair Inc (NYSE:W) by 19,901 shares to 678,991 shares, valued at $45.76 million in 2017Q3, according to the filing. It also reduced its holding in Logmein Inc (NASDAQ:LOGM) by 55,963 shares in the quarter, leaving it with 587,920 shares, and cut its stake in Workday Inc (Call) (NYSE:WDAY).

Investors sentiment increased to 1.43 in 2017 Q3. Its up 0.14, from 1.29 in 2017Q2. It is positive, as 42 investors sold EXPE shares while 152 reduced holdings. 84 funds opened positions while 193 raised stakes. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported. Sei Invests Com reported 0.1% stake. Bessemer Group Inc Inc Inc, New Jersey-based fund reported 1,140 shares. Contravisory Mngmt Incorporated owns 0.08% invested in Expedia, Inc. (NASDAQ:EXPE) for 1,547 shares. Glenmede Trust Na reported 479 shares. Mitsubishi Ufj Securities Co Limited holds 0.01% in Expedia, Inc. (NASDAQ:EXPE) or 20 shares. Pictet & Cie (Europe) Sa reported 0.04% of its portfolio in Expedia, Inc. (NASDAQ:EXPE). Susquehanna Grp Inc Ltd Liability Partnership reported 2,500 shares. Deltec Asset Ltd accumulated 0.12% or 4,000 shares. 49,648 were accumulated by Amer Int Gru. Integral Derivatives Ltd holds 0.03% or 12,206 shares in its portfolio. Robeco Institutional Asset Mgmt Bv has 0% invested in Expedia, Inc. (NASDAQ:EXPE). 52,530 were reported by Dock Street Asset Mngmt. Sg Americas Securities Ltd Liability Corporation reported 0.07% stake. Geode Ltd Llc reported 1.28 million shares. Marco Investment Mgmt Ltd Company accumulated 18,066 shares or 0.41% of the stock.

Ares Management Llc, which manages about $35.87B and $2.95B US Long portfolio, upped its stake in Kcap Financial Inc (NASDAQ:KCAP) by 139,456 shares to 299,778 shares, valued at $1.09M in 2017Q3, according to the filing. It also increased its holding in Peabody Energy Corp by 32,453 shares in the quarter, for a total of 88,148 shares, and has risen its stake in Ares Capital Corp (NASDAQ:ARCC).

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on February, 28. They expect $0.42 earnings per share, 0.00% or $0.00 from last year’s $0.42 per share. SLRC’s profit will be $17.75M for 12.43 P/E if the $0.42 EPS becomes a reality. After $0.41 actual earnings per share reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

Investors sentiment increased to 1.23 in 2017 Q3. Its up 0.13, from 1.1 in 2017Q2. It is positive, as 13 investors sold SLRC shares while 27 reduced holdings. 12 funds opened positions while 37 raised stakes. 24.73 million shares or 0.34% more from 24.65 million shares in 2017Q2 were reported. Royal Natl Bank Of Canada has 0% invested in Solar Capital Ltd. (NASDAQ:SLRC). Lucus Llc holds 0.49% in Solar Capital Ltd. (NASDAQ:SLRC) or 16,087 shares. Blackrock Inc has 197,408 shares for 0% of their portfolio. Illinois-based Advisory Rech has invested 0.16% in Solar Capital Ltd. (NASDAQ:SLRC). Muzinich & Company Incorporated has 1.91M shares. Ig Mngmt Ltd stated it has 33,159 shares or 0% of all its holdings. Commonwealth Equity Svcs holds 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 17,210 shares. Neville Rodie Shaw Incorporated has 0.12% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 48,500 shares. Coe Mgmt holds 46,315 shares. Jpmorgan Chase & holds 520,778 shares. Us Bank De accumulated 1,465 shares or 0% of the stock. Deutsche Bancshares Ag holds 62,297 shares or 0% of its portfolio. Pinebridge Invests LP holds 0.01% or 21,853 shares in its portfolio. Bancshares Of Montreal Can invested in 0% or 215,401 shares. Confluence Management Ltd Limited Liability Company holds 0.2% or 488,498 shares in its portfolio.

Among 7 analysts covering Solar Capital (NASDAQ:SLRC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Solar Capital had 15 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, January 12, the company rating was upgraded by Keefe Bruyette & Woods. The stock of Solar Capital Ltd. (NASDAQ:SLRC) has “Hold” rating given on Sunday, October 22 by Keefe Bruyette & Woods. The company was maintained on Thursday, August 4 by Deutsche Bank. The stock of Solar Capital Ltd. (NASDAQ:SLRC) has “Buy” rating given on Wednesday, September 30 by DA Davidson. Citigroup maintained Solar Capital Ltd. (NASDAQ:SLRC) on Wednesday, March 30 with “Neutral” rating. The rating was upgraded by Wood on Friday, January 12 to “Outperform”. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Neutral” rating by Citigroup on Tuesday, August 16. Keefe Bruyette & Woods maintained Solar Capital Ltd. (NASDAQ:SLRC) on Wednesday, August 2 with “Hold” rating. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Buy” rating by Deutsche Bank on Thursday, February 25. Ladenburg Thalmann downgraded the shares of SLRC in report on Friday, February 24 to “Neutral” rating.

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