Solar Capital LTD (NASDAQ:SLRC) institutional sentiment decreased to 0.95 in 2018 Q3. Its down -0.22, from 1.17 in 2018Q2. The ratio turned negative, as 37 active investment managers opened new or increased holdings, while 39 reduced and sold equity positions in Solar Capital LTD. The active investment managers in our partnerâs database now own: 22.71 million shares, down from 23.54 million shares in 2018Q2. Also, the number of active investment managers holding Solar Capital LTD in their top 10 holdings decreased from 2 to 1 for a decrease of 1. Sold All: 7 Reduced: 32 Increased: 23 New Position: 14.
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 $872.69 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 11.59 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.
The stock increased 0.10% or $0.02 during the last trading session, reaching $20.65. About 130,318 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has risen 1.01% since February 12, 2018 and is uptrending. It has outperformed by 1.01% the S&P500.
Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on February, 21 after the close. They expect $0.43 earnings per share, down 2.27 % or $0.01 from last yearâs $0.44 per share. SLRCâs profit will be $18.17M for 12.01 P/E if the $0.43 EPS becomes a reality. After $0.44 actual earnings per share reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts -2.27 % negative EPS growth.
Muzinich & Co. Inc. holds 3.2% of its portfolio in Solar Capital Ltd. for 613,528 shares. Signia Capital Management Llc owns 155,832 shares or 3.02% of their US portfolio. Moreover, West Family Investments Inc. has 2.44% invested in the company for 479,013 shares. The Massachusetts-based Clough Capital Partners L P has invested 1.99% in the stock. Partners Group Holding Ag, a Switzerland-based fund reported 633,781 shares.
Since January 1, 0001, it had 1 buying transaction, and 0 selling transactions for $101,753 activity.
Ratings analysis reveals 50% of Solar Capitalâs analysts are positive. Out of 2 Wall Street analysts rating Solar Capital, 1 give it âBuyâ, 0 âSellâ rating, while 1 recommend âHoldâ. SLRC was included in 2 notes of analysts from October 4, 2018. The firm has âMarket Performâ rating given on Thursday, October 4 by Wells Fargo.
More notable recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Globenewswire.com which released: âSolar Capital Ltd. Prices Public Offering of $75 Million 4.50% Notes Due 2023 â GlobeNewswireâ on November 13, 2017, also Nasdaq.com with their article: âSolar Capital Ltd. (SLRC) Ex-Dividend Date Scheduled for June 20, 2018 â Nasdaqâ published on June 19, 2018, Globenewswire.com published: âSolar Capitalâs Board Approves Reduced Asset Coverage Requirement; Provides Flexibility to Expand Specialty Finance Platform; Lowers Base Management Fee over 1.0x Debt-to-Equity â GlobeNewswireâ on August 06, 2018. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) were released by: Fool.com and their article: âWhatâs Going on in BDC Land? â The Motley Foolâ published on August 07, 2017 as well as Seekingalpha.comâs news article titled: âEasy 9.1% Yield From Solar Senior Capital Plus Upcoming Rally â Seeking Alphaâ with publication date: December 13, 2018.
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