Could Solar Capital LTD. (NASDAQ:SLRC) See a Reversal After Less Sellers Came In? – Invest Tribune

Investors sentiment increased to 1.03 in 2018 Q4. Its up 0.08, from 0.95 in 2018Q3. It increased, as 13 investors sold Solar Capital Ltd. shares while 25 reduced holdings. 9 funds opened positions while 30 raised stakes. 22.24 million shares or 2.09% less from 22.71 million shares in 2018Q3 were reported.
Texas Yale Corp has invested 0.05% in Solar Capital Ltd. (NASDAQ:SLRC). Clough Partners Ltd Partnership has 834,600 shares. 31,063 are held by Pinebridge Invests Lp. Morgan Stanley holds 0% or 276,176 shares in its portfolio. Susquehanna Int Grp Llp has 0% invested in Solar Capital Ltd. (NASDAQ:SLRC). Barclays Public Limited stated it has 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). 95 were accumulated by Spectrum Grp. Moreover, Punch Assoc Investment Management Incorporated has 0.59% invested in Solar Capital Ltd. (NASDAQ:SLRC). Aristotle Boston Lc invested in 1.09% or 691,024 shares. First Mercantile holds 0.03% in Solar Capital Ltd. (NASDAQ:SLRC) or 5,889 shares. Botty Llc holds 2,965 shares or 0.02% of its portfolio. Wells Fargo And Mn reported 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Sumitomo Mitsui Asset Mgmt holds 123,961 shares. Invesco Limited holds 0% in Solar Capital Ltd. (NASDAQ:SLRC) or 171,027 shares. 718,001 were accumulated by Partners Gru Ag.

Since December 14, 2018, it had 3 insider buys, and 0 insider sales for $436,799 activity. 7,777 Solar Capital Ltd. (NASDAQ:SLRC) shares with value of $167,523 were bought by SPOHLER BRUCE J. Another trade for 7,777 shares valued at $167,523 was made by GROSS MICHAEL S on Friday, March 1.

The stock of Solar Capital LTD. (NASDAQ:SLRC) registered a decrease of 29.23% in short interest. SLRC’s total short interest was 115,500 shares in April as published by FINRA. Its down 29.23% from 163,200 shares, reported previously. With 80,100 shares average volume, it will take short sellers 1 days to cover their SLRC’s short positions.

The stock decreased 0.47% or $0.1 during the last trading session, reaching $21.34. About 47,200 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has risen 5.25% since April 24, 2018 and is uptrending. It has outperformed by 0.88% the S&P500.

Solar Capital Ltd. is a business development firm specializing in secured debt , subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The company has market cap of $901.85 million. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; gas and oil; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It has a 13.49 P/E ratio. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools.

Solar Capital Ltd. (NASDAQ:SLRC) Ratings Coverage

Among 3 analysts covering Solar Capital (NASDAQ:SLRC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Solar Capital had 4 analyst reports since November 28, 2018 according to SRatingsIntel. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Market Perform” rating by Wells Fargo on Tuesday, February 26. As per Friday, February 22, the company rating was maintained by Oppenheimer.

More notable recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Nasdaq.com which released: “Solar Capital Ltd. Announces Quarter and Fiscal Year Ended December 31, 2018 Financial Results; 2018 NII of $1.77 up 9.5% from 2017, 108% Coverage of 2018 Distributions of $1.64 Per Share – Nasdaq” on February 21, 2019, also Streetinsider.com with their article: “BMO Capital Downgrades MDC Partners (MDCA) to Market Perform – StreetInsider.com” published on March 12, 2019, Seekingalpha.com published: “Can You Find A Better Baby Bond? – Seeking Alpha” on April 24, 2017. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) were released by: Seekingalpha.com and their article: “Identifying Risk In BDCs – Fidus Investment Corporation – Seeking Alpha” published on June 20, 2017 as well as Investorplace.com‘s news article titled: “3 Small-Cap Stocks With Sizable Dividends – Investorplace.com” with publication date: August 14, 2017.

Solar Capital Ltd. (NASDAQ:SLRC) Institutional Positions Chart


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