Solar Cap LTD (SLRC) Shareholder Ares Management LLC Decreased Its Stake by $4.29 Million as Stock Declined

Investors sentiment increased to 1.24 in Q2 2019. Its up 0.03, from 1.21 in 2019Q1. It improved, as 9 investors sold SLRC shares while 24 reduced holdings. 13 funds opened positions while 28 raised stakes. 23.70 million shares or 4.73% more from 22.62 million shares in 2019Q1 were reported. First Mercantile Trust Com reported 4,559 shares. Deutsche National Bank Ag holds 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 3,500 shares. Clear Harbor Asset Ltd Liability Corporation holds 183,991 shares. Signia Mgmt Limited Liability Company holds 4.51% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 176,258 shares. Northern Corp reported 10,567 shares. Lpl Fincl Ltd Co reported 0% in Solar Capital Ltd. (NASDAQ:SLRC). Thornburg Inv Mgmt accumulated 0.91% or 4.61M shares. Botty Invsts Ltd Liability holds 0.02% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 2,965 shares. Van Eck Associates invested in 277,435 shares. Quantitative Systematic Strategies Ltd Llc has 0.04% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 10,190 shares. 15,300 were reported by Tcw Gru. Clough Prtn LP invested in 1.57% or 778,331 shares. Wells Fargo And Com Mn has invested 0% in Solar Capital Ltd. (NASDAQ:SLRC). Tci Wealth Advsr Inc invested 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Neville Rodie And Shaw owns 48,500 shares.

Ares Management Llc decreased its stake in Solar Cap Ltd (SLRC) by 89.74% based on its latest 2019Q2 regulatory filing with the SEC. Ares Management Llc sold 214,415 shares as the company’s stock declined 2.31% . The institutional investor held 24,513 shares of the company at the end of 2019Q2, valued at $503,000, down from 238,928 at the end of the previous reported quarter. Ares Management Llc who had been investing in Solar Cap Ltd for a number of months, seems to be less bullish one the $881.56 million market cap company. The stock decreased 0.05% or $0.01 during the last trading session, reaching $20.86. About 54,920 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has declined 2.58% since September 13, 2018 and is downtrending. It has underperformed by 2.58% the S&P500.

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on November, 4. They expect $0.45 EPS, up 2.27 % or $0.01 from last year’s $0.44 per share. SLRC’s profit will be $19.02M for 11.59 P/E if the $0.45 EPS becomes a reality. After $0.44 actual EPS reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 2.27 % EPS growth.

More notable recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Globenewswire.com which released: “Solar Capital Ltd. to Redeem Remaining $75 Million of 6.75% Senior Unsecured Notes due 2042; Increases Expected 2018 Net Investment Income by $0.04 Per Share – GlobeNewswire” on November 15, 2017, also Globenewswire.com with their article: “Solar Capital Ltd. and Solar Senior Capital Ltd. Announce Bruce Spohler Named Co-CEO – GlobeNewswire” published on June 11, 2019, Globenewswire.com published: “Solar Capital Ltd. Announces Quarter Ended June 30, 2019 Financial Results; Net Investment Income Per Share of $0.44; Declares Quarterly Distribution of $0.41 Per Share for Q3, 2019 – GlobeNewswire” on August 05, 2019. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) were released by: Seekingalpha.com and their article: “4 Lingering Concerns About Solar Capital – Seeking Alpha” published on September 11, 2019 as well as Pehub.com‘s news article titled: “Solar Capital Partners racks up over $750 mln for private credit funds – PE Hub” with publication date: October 18, 2018.

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

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