American Capital Senior Floating Ltd(NASDAQ:ACSF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $4.27M. Analysts estimated a revenue of $4.23M. Earnings per share were $0.30. Analysts had estimated an EPS of $0.28.
American Capital Senior Floating Ltd (ACSF) shares turned negative on Fridays trading session with the shares closing down -0.04 points or -0.37% at a volume of 57,427. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $10.9799. The peak price level was also seen at $10.9799 while the days lowest was $10.8. Finally the shares closed at $10.85. The 52-week high of the shares is $12.81 while the 52-week low is $7.86. According to the latest information available, the market cap of the company is $109 M.
Several Insider Transactions has been reported to the SEC. On Feb 23, 2016, Gilbert Crawford (director) purchased 500 shares at $8.03 per share price.Also, On Nov 6, 2015, John R Erickson (CFO) purchased 3,250 shares at $10.61 per share price.On Feb 20, 2015, Larry K Harvey (director) purchased 6,000 shares at $13.59 per share price, according to the Form-4 filing with the securities and exchange commission.
American Capital Senior Floating Ltd. (ACSF) is an externally managed non-diversified closed-end investment management company. The Company’s investment objective is to provide attractive risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. ACSF manages a leveraged portfolio which are commonly referred to as leveraged loans. The Company’s investments are focused on Senior Secured Floating Rate Loans and collateralized loan obligations (CLOs). The Company also invests in equity tranches of CLOs which are securitized vehicles collateralized primarily by loans. As of December 31 2014 ACSF’s investment portfolio totaled $276.4 million at fair value and its net asset value (NAV) was $144.2 million. The Company’s portfolio includes 117 Loan obligors totaling approximately $224.8 million and 16 CLO equity investments totaling approximately $51.6 million.