Prospect Capital Corporation (PSEC) : Camelot Portfolios scooped up 32,897 additional shares in Prospect Capital Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 541,202 shares of Prospect Capital Corporation which is valued at $4,513,625.Prospect Capital Corporation makes up approximately 2.52% of Camelot Portfolios’s portfolio.
Other Hedge Funds, Including , Raymond James Financial Services Advisors boosted its stake in PSEC in the latest quarter, The investment management firm added 8,951 additional shares and now holds a total of 207,240 shares of Prospect Capital Corporation which is valued at $1,728,382. Prospect Capital Corporation makes up approx 0.02% of Raymond James Financial Services Advisors’s portfolio.Cetera Advisor Networks boosted its stake in PSEC in the latest quarter, The investment management firm added 1,411 additional shares and now holds a total of 51,246 shares of Prospect Capital Corporation which is valued at $427,392. Prospect Capital Corporation makes up approx 0.02% of Cetera Advisor Networks’s portfolio. James Investment Research Inc added PSEC to its portfolio by purchasing 56,180 company shares during the most recent quarter which is valued at $467,418. Prospect Capital Corporation makes up approx 0.01% of James Investment Research Inc’s portfolio.
Prospect Capital Corporation closed down -0.01 points or -0.12% at $8.47 with 21,50,219 shares getting traded on Monday. Post opening the session at $8.45, the shares hit an intraday low of $8.4 and an intraday high of $8.485 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Prospect Capital Corporation reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on May 10, 2016. Analyst had a consensus of $0.26. The company had revenue of $189.50 million for the quarter, compared to analysts expectations of $195.34 million. The company’s revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.
Prospect Capital Corporation is a financial services company. The Company is a non-diversified closed-end investment company. The Company’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. It invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions divestitures growth development recapitalizations and other purposes. The Company primarily lends to and invests in middle market privately-held companies. Its investments include lending in private equity sponsored transactions; lending directly to companies not owned by private equity firms; control investments in corporate operating companies; control investments in financial companies; investments in structured credit; real estate investments; investments in syndicated debt; aircraft leasing and online lending. The Company is managed by its investment adviser Prospect Capital Management L.P.