Ares Capital Corporation (NASDAQ:ARCC) Expected To Report Earnings On Tuesday


Ares Capital Corporation (NASDAQ:ARCC) Expected To Report Earnings On Tuesday

Ares Capital had a return on equity of 8.45% and a net margin of 57.50%. Ares Cap Corp now has $6.81 billion valuation.

Novartis AG (NYSE:NVS) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 1.63% to 84.96 with around 292397 shares have changed hands in this session. About 98,135 shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since February 14, 2017 and is uptrending.

Looking at the Analyst Recommendations of the stock, 6 Analysts issued a Buy for MoSys, 6 gave Outperform, 4 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell. Inc.'s holdings in Ares Capital were worth $1,401,000 as of its most recent SEC filing. Howland Capital Management Llc bought 2,160 shares as the company's stock rose 10.88% with the market.

They expect $0.37 EPS, down 13.51% or $0.05 from last year's $0.42 per share. Reaves W H & Company Inc who had been investing in Chevron Corporation Com for a number of months, seems to be less bullish one the $215.18 billion market cap company. Barclays Public Ltd Company has 11 shares. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since February 13, 2017 and is uptrending. It has outperformed by 10.05% the S&P500. Citigroup maintained Ares Capital Corporation (NASDAQ:ARCC) on Friday, August 21 with "Buy" rating. Therefore 83% are positive. Wells Fargo downgraded the shares of FRSH in report on Tuesday, May 23 to "Market Perform" rating. The company was maintained on Thursday, November 2 by Jefferies. The stock of HubSpot, Inc. Raymond James upgraded Ares Capital Corporation (NASDAQ:ARCC) on Friday, August 28 to "Outperform" rating. The stock has "Overweight" rating by Piper Jaffray on Wednesday, June 1. Farmers & Merchants Inc reported 900 shares. The stock has "Buy" rating by M Partners on Tuesday, August 18. For the quarter ending Jun-18, 12 analysts have a mean sales target of 312.72 million whilst for the year ending Dec-18, 13 analysts have a mean target of 1,268.91 million. (NASDAQ ARCC) opened at $16.08 on Thursday. Madeley Hunter had sold 7,000 shares worth $667,450. Penn Mutual Life Insurance Company bought 163,000 shares as the company's stock declined 6.68% while stock markets rallied. About 2.15M shares traded or 4.00% up from the average. Overall, 2.5 Million shares exchanged hands versus its average volume of $2.24 Million. Its down 0.17, from 1.13 in 2017Q2. It turned negative, as 34 investors sold SFM shares while 82 reduced holdings. 128 funds opened positions while 644 raised stakes. Carnegie Capital Asset Ltd Liability Corp, Ohio-based fund reported 187,253 shares. First Manhattan accumulated 968 shares. Armistice Cap Ltd Company invested in 0.52% or 236,000 shares. Wedbush began coverage on Ares Capital in a report on Monday, November 27th. Hap Trading holds 0.63% or 171,364 shares in its portfolio. Aperio Grp Inc Ltd Liability holds 0% or 37,307 shares. It also increased its holding in At & T Inc. (NASDAQ:FB) for 111,593 shares. West Family Inc invested 0.09% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC).

Harvest Capital Strategies Llc, which manages about $1.58B and $523.53M US Long portfolio, decreased its stake in Servicesource Intl Inc (NASDAQ:SREV) by 519,174 shares to 7.01M shares, valued at $24.24 million in 2017Q3, according to the filing. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/02/15/ares-capital-co-arcc-shares-sold-by-duncker-streett-co-inc.html.

Since January 23, 2018, it had 1 buy, and 0 selling transactions for $3,242 activity.

Investors of record on Thursday, March 15th will be given a dividend of $0.38 per share. Its up 0.22, from 0.9 in 2017Q2. It dived, as 55 investors sold ARCC shares while 104 reduced holdings. Verition Fund Management LLC purchased a new position in Ares Capital in the fourth quarter valued at about $515,000. 161.57 million shares or 5.32% less from 170.64 million shares in 2017Q2 were reported. Barrett Asset Llc reported 500 shares stake.

Ares Capital Corporation is a specialty finance company. The Rock Springs Capital Management Lp holds 247,364 shares with $19.24M value, down from 400,000 last quarter. Given Ares Capital Corporation's peers higher probable upside, analysts clearly believe Ares Capital Corporation has less favorable growth aspects than its peers. Alleghany Corporation De stated it has 0.1% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Fj Capital Mngmt Lc invested 0.02% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). State of New Jersey Common Pension Fund D lifted its holdings in shares of Ares Capital by 12.5% during the 3rd quarter. Pitcairn Co holds 0.04% or 23,265 shares in its portfolio. Employees Retirement Sys Of Ohio invested in 0.02% or 267,800 shares. Tiedemann Wealth Ltd Liability Corp holds 36,241 shares.

Ares Capital (NASDAQ:ARCC)'s stock had its "buy" rating reiterated by stock analysts at National Securities in a research note issued to investors on Thursday. Therefore 71% are positive. The firm has "Hold" rating by RBC Capital Markets given on Thursday, August 3. The stock of Ares Capital Corporation (NASDAQ:ARCC) has "Hold" rating given on Tuesday, November 14 by BMO Capital Markets. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned "Hold" rating by BMO Capital Markets on Wednesday, August 23. BidaskClub cut shares of Ares Capital from a "sell" rating to a "strong sell" rating in a research note on Tuesday, December 5th. And if inflation shoots over the Fed's annual target of two percent, it could lead to even faster rate hikes than what the Fed had previously anticipated. The stock of Medtronic plc (NYSE:MDT) has "Hold" rating given on Wednesday, November 22 by Stifel Nicolaus. As per Wednesday, September 30, the company rating was initiated by DA Davidson. The stock of Medtronic plc (NYSE:MDT) has "Buy" rating given on Friday, May 26 by Oppenheimer.