Published: Thu, February 15, 2018
Finance | By Loren Pratt

Ares Capital Corporation (ARCC), DryShips, Inc. (DRYS)


As per Thursday, January 11, the company rating was maintained by Cowen & Co.

Ares Capital Corporation (ARCC) shares jumped 2.12 percent and closed the day at $15.91. The rating was maintained by Morgan Stanley with "Overweight" on Friday, February 2. BidaskClub raised Ares Capital from a "strong sell" rating to a "sell" rating in a report on Monday, February 5th. As per Tuesday, August 9, the company rating was maintained by JMP Securities. As per Wednesday, September 20, the company rating was initiated by Oppenheimer. Jefferies maintained the stock with "Buy" rating in Thursday, November 2 report. On Wednesday, August 23 the stock rating was maintained by BMO Capital Markets with "Hold". The firm earned "Hold" rating on Friday, November 3 by RBC Capital Markets. Dekabank Deutsche Girozentrale reported 888,144 shares stake. However, at the Wall Street, the shares for the company has been tagged a $245.77 price target, indicating that the shares will rally 6.23% from its current levels. The Cubic Asset Management Llc holds 194,304 shares with $3.19M value, down from 214,254 last quarter. Genuine Parts Co now has $14.33 billion valuation. As the opening bell rang the price was $229.71 but as the trading finished, the stock escalated, wrapping up with a gain of 0.95%.

Since September 1, 2017, it had 0 insider purchases, and 7 insider sales for $7.12 million activity. It has underperformed by 11.43% the S&P500.

More recent Ares Capital Corporation (NASDAQ:ARCC) news were published by: Businesswire.com which released: "Ares Capital Corporation Announces Tax Reporting Information for Calendar Year ..." on January 31, 2018. The stock has moved north 2.45% over the past week of trading. About 2.62 million shares traded or 27.48% up from the average. Medtronic plc (NYSE:MDT) has risen 4.04% since February 14, 2017 and is uptrending. It has underperformed by 6.98% the S&P500.

Investors sentiment decreased to 0.96 in 2017 Q3.

Now insiders hold 1,846,779 shares in the business which makes up 0.43% of shares.


Several institutional investors have recently bought and sold shares of ARCC. 35 funds opened positions while 118 raised stakes. The investment management company reported $0.38 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.01. Moreover, Trexquant Investment Lp has 0.06% invested in Ares Capital Corporation (NASDAQ:ARCC) for 13,896 shares. Netherlands-based Kempen Capital Mngmt Nv has invested 1.79% in Ares Capital Corporation (NASDAQ:ARCC). 1,326 were accumulated by Mufg Americas Hldgs Corporation. The correct version of this piece can be read at https://stocknewstimes.com/2018/02/14/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-ares-capital-arcc-stock-price.html. The biggest holder now is Michael J. Arougheti who owns 937,054 shares (0.22% of those outstanding), whilst Mitchell S. Goldstein holds 195,358 (0.05% of shares outstanding) and Eric B. Beckman holds 180,865 (0.04% of shares outstanding). State of New Jersey Common Pension Fund D now owns 3,600,000 shares of the investment management company's stock worth $59,004,000 after acquiring an additional 400,000 shares during the period.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.38, according to consensus of 14 analysts. Silver Cap Mgmt Limited Liability invested in 51,320 shares or 3.38% of the stock.

Ares Capital Corporation is a specialty finance company.

Ares Capital is a leading specialty finance company that provides one-stop debt and equity financing solutions to USA middle market companies and power generation projects. Ancora Advsr Ltd Liability Corp invested 0.22% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Advisory Rech Incorporated holds 681,118 shares. Two research analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. Therefore 64% are positive. Genuine Parts Company has $107.0 highest and $85.0 lowest target. The firm has "Buy" rating by RBC Capital Markets given on Sunday, October 8. The company was maintained on Wednesday, June 14 by Keefe Bruyette & Woods. The firm has a market cap of $6,780.00, a price-to-earnings ratio of 10.13, a price-to-earnings-growth ratio of 3.32 and a beta of 0.62. The stock of Medtronic plc (NYSE:MDT) has "Hold" rating given on Wednesday, November 22 by Stifel Nicolaus. The rating was maintained by Benchmark on Friday, November 4 with "Hold". Oppenheimer maintained the shares of SLCA in report on Thursday, October 1 with "Perform" rating. They issued an "outperform" rating and a $18.00 price target on the stock. A sell-side firm might have issued a buy report on the company.

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on February, 20. During the same period past year, the firm earned $0.42 earnings per share.

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