American Capital Ltd. (ACAS) : Pine River Capital Management reduced its stake in American Capital Ltd. by 31.48% during the most recent quarter end. The investment management company now holds a total of 6,153,221 shares of American Capital Ltd. which is valued at $101,712,743 after selling 2,827,339 shares in American Capital Ltd. , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.American Capital Ltd. makes up approximately 5.63% of Pine River Capital Management’s portfolio.
Other Hedge Funds, Including , Vertex One Asset Management added ACAS to its portfolio by purchasing 560,000 company shares during the most recent quarter which is valued at $9,256,800. American Capital Ltd. makes up approx 1.49% of Vertex One Asset Management’s portfolio.Group One Trading reduced its stake in ACAS by selling 151,538 shares or 46.72% in the most recent quarter. The Hedge Fund company now holds 172,800 shares of ACAS which is valued at $2,856,384. American Capital Ltd. makes up approx 0.25% of Group One Trading’s portfolio. Symphony Asset Management sold out all of its stake in ACAS during the most recent quarter. The investment firm sold 33,803 shares of ACAS which is valued $558,764. Ancora Advisors added ACAS to its portfolio by purchasing 30,000 company shares during the most recent quarter which is valued at $495,900. American Capital Ltd. makes up approx 0.06% of Ancora Advisors’s portfolio.
American Capital Ltd. opened for trading at $16.87 and hit $16.95 on the upside on Thursday, eventually ending the session at $16.92, with a gain of 0.18% or 0.03 points. The heightened volatility saw the trading volume jump to 12,08,667 shares. Company has a market cap of $3,645 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.