Solar Capital LTD’s (NASDAQ:SLRC) Sentiment is 1.21

Sentiment for Solar Capital LTD (NASDAQ:SLRC)

Solar Capital LTD (NASDAQ:SLRC) institutional sentiment increased to 1.21 in 2019 Q1. Its up 0.18, from 1.03 in 2018Q4. The ratio has improved, as 41 active investment managers increased and opened new stock positions, while 34 sold and decreased positions in Solar Capital LTD. The active investment managers in our partner’s database now own: 22.62 million shares, up from 22.24 million shares in 2018Q4. Also, the number of active investment managers holding Solar Capital LTD in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 12 Reduced: 22 Increased: 27 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 $876.49 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 12.23 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 decreased 0.67% or $0.14 during the last trading session, reaching $20.74. About 85,982 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has declined 0.94% since June 12, 2018 and is downtrending. It has underperformed by 5.37% the S&P500.

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on August, 5. They expect $0.44 earnings per share, down 2.22 % or $0.01 from last year’s $0.45 per share. SLRC’s profit will be $18.59 million for 11.78 P/E if the $0.44 EPS becomes a reality. After $0.44 actual earnings per share reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Signia Capital Management Llc holds 3.99% of its portfolio in Solar Capital Ltd. for 157,893 shares. West Family Investments Inc. owns 479,013 shares or 2.51% of their US portfolio. Moreover, Partners Group Holding Ag has 1.79% invested in the company for 627,564 shares. The Massachusetts-based Clough Capital Partners L P has invested 1.42% in the stock. Aristotle Capital Boston Llc, a Massachusetts-based fund reported 950,731 shares.

Since January 1, 0001, it had 2 insider purchases, and 0 selling transactions for $335,046 activity.

Solar Capital Ltd. (NASDAQ:SLRC) Ratings Coverage

Ratings analysis reveals 67% of Solar Capital Ltd’s analysts are positive. Out of 3 Wall Street analysts rating Solar Capital Ltd, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $19 while the high is $23. The stock’s average target of $21.50 is 3.66% above today’s ($20.74) share price. SLRC was included in 3 notes of analysts from February 22, 2019. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Buy” rating by Oppenheimer on Friday, February 22. The rating was maintained by Wells Fargo with “Market Perform” on Tuesday, February 26.

More notable recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Nasdaq.com which released: “Enova (ENVA) Soars to a 52-Week High, Time to Cash Out? – Nasdaq” on May 21, 2018, also Seekingalpha.com with their article: “BDC Total Returns Since 2014 – Seeking Alpha” published on May 20, 2016, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Adecoagro SA (AGRO) – Yahoo Finance” on May 05, 2019. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) were released by: Nasdaq.com and their article: “What’s in Store for Fidelity National (FIS) Q1 Earnings? – Nasdaq” published on April 29, 2019 as well as Seekingalpha.com‘s news article titled: “Solar Capital: 9% Yield And Trading At A Discount To NAV – Seeking Alpha” with publication date: March 16, 2016.

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

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