American Capital Ltd. (ACAS) : Orinda Asset Management added new position in American Capital Ltd. during the most recent quarter end. The investment management firm now holds 82,310 shares of American Capital Ltd. which is valued at $1,362,231 , the company said in a statement filed on Aug 3, 2016 with the SEC.American Capital Ltd. makes up approximately 1.46% of Orinda Asset Management’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities sold out all of its stake in ACAS during the most recent quarter. The investment firm sold 29,917 shares of ACAS which is valued $495,126.Muzinich boosted its stake in ACAS in the latest quarter, The investment management firm added 6,343 additional shares and now holds a total of 1,238,138 shares of American Capital Ltd. which is valued at $20,342,607. American Capital Ltd. makes up approx 8.88% of Muzinich’s portfolio. Havens Advisors added ACAS to its portfolio by purchasing 105,000 company shares during the most recent quarter which is valued at $1,671,600. American Capital Ltd. makes up approx 1.46% of Havens Advisors’s portfolio.Churchill Management Corp reduced its stake in ACAS by selling 44,109 shares or 12.67% in the most recent quarter. The Hedge Fund company now holds 303,980 shares of ACAS which is valued at $4,821,123. American Capital Ltd. makes up approx 0.31% of Churchill Management Corp’s portfolio.
American Capital Ltd. opened for trading at $16.55 and hit $16.59 on the upside on Monday, eventually ending the session at $16.58, with a gain of 0.36% or 0.06 points. The heightened volatility saw the trading volume jump to 11,70,162 shares. Company has a market cap of $3,572 M.
On the company’s financial health, American Capital Ltd. reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.24. The company had revenue of $142.00 million for the quarter, compared to analysts expectations of $125.19 million. The company’s revenue was down -15.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on American Capital Ltd.. American Capital Ltd. was Downgraded by JP Morgan to ” Neutral” on Aug 4, 2016.
American Capital Ltd. is a global asset manager and private equity firm. The Firm both directly and through its asset management business originates underwrites and manages investments in middle market private equity leveraged finance real estate energy and structured products. It invests in senior and mezzanine debt and equity in buyouts of private companies sponsored by the Company or sponsored by other private equity funds and provides capital to early stage and mature private and small public companies. It also invests in first and second lien floating rate loans to large-market United States based companies and structured finance investments including loan securities debt obligation securities and commercial mortgages and commercial mortgage backed securities. Its business objectives are to increase its net earnings and net asset value by making investments with yields and/or potential for equity and gains and by growing its fee earning assets under management.