Selway Asset Management buys $1,205,581 stake in Solar Capital Ltd. (SLRC)

Solar Capital Ltd. (SLRC) : Selway Asset Management scooped up 1,800 additional shares in Solar Capital Ltd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 58,895 shares of Solar Capital Ltd. which is valued at $1,205,581.Solar Capital Ltd. makes up approximately 0.74% of Selway Asset Management’s portfolio.

Other Hedge Funds, Including , State Of New Jersey Common Pension Fund D boosted its stake in SLRC in the latest quarter, The investment management firm added 65,000 additional shares and now holds a total of 600,000 shares of Solar Capital Ltd. which is valued at $12,282,000. Solar Capital Ltd. makes up approx 0.05% of State Of New Jersey Common Pension Fund D’s portfolio. Livingston Group Asset Management Co (operating As Southp… added SLRC to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $10,100. Solar Capital Ltd. makes up approx 0.01% of Livingston Group Asset Management Co (operating As Southp…’s portfolio.Muzinich boosted its stake in SLRC in the latest quarter, The investment management firm added 46,440 additional shares and now holds a total of 629,186 shares of Solar Capital Ltd. which is valued at $12,709,557. Solar Capital Ltd. makes up approx 5.55% of Muzinich’s portfolio.Confluence Investment Management boosted its stake in SLRC in the latest quarter, The investment management firm added 9,350 additional shares and now holds a total of 523,187 shares of Solar Capital Ltd. which is valued at $10,568,377. Solar Capital Ltd. makes up approx 0.28% of Confluence Investment Management’s portfolio.

Solar Capital Ltd. closed down -0.05 points or -0.25% at $20.31 with 1,19,376 shares getting traded on Monday. Post opening the session at $20.44, the shares hit an intraday low of $20.265 and an intraday high of $20.55 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Solar Capital Ltd. is a closed-end externally managed non-diversified management investment company that has elected to be treated as a business development company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in leveraged middle markets companies in the form of senior secured loans mezzanine loans and equity securities. The Company is focused primarily on the direct origination of investments through portfolio companies or financial sponsors. The Company’s investments generally range from $5 million to $100 million each although it expects that this investment size may vary proportionately with the size of its capital base and/or strategic initiatives. The Company is managed by Solar Capital Partners LLC (Solar Capital Partners) which provides the administrative services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Solar Capital Ltd. - Is it time to Sell?

Top Brokerage Firms are advising their investors on Solar Capital Ltd.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.