$0.20 EPS Expected for FS Investment (FSIC), Ascend Capital Has Increased Slm (SLM) Stake By $15.85 Million

July 25, 2017 - By Winifred Garcia

Analysts expect FS Investment Corporation (NYSE:FSIC) to report $0.20 EPS on August, 8.They anticipate $0.04 EPS change or 16.67% from last quarter’s $0.24 EPS. FSIC’s profit would be $49.23 million giving it 11.38 P/E if the $0.20 EPS is correct. After having $0.22 EPS previously, FS Investment Corporation’s analysts see -9.09% EPS growth. It is down 1.01% since July 25, 2016 and is uptrending. It has underperformed by 15.69% the S&P500.

Ascend Capital Llc increased Slm Corp (SLM) stake by 85.8% reported in 2016Q4 SEC filing. Ascend Capital Llc acquired 1.44 million shares as Slm Corp (SLM)’s stock declined 10.63%. The Ascend Capital Llc holds 3.12 million shares with $34.38 million value, up from 1.68 million last quarter. Slm Corp now has $4.97 billion valuation. The stock rose 1.81% or $0.2 reaching $11.28 per share. About 768,834 shares traded. SLM Corp (NASDAQ:SLM) has risen 78.01% since July 25, 2016 and is uptrending. It has outperformed by 61.31% the S&P500.

Among 9 analysts covering FS Investment (NYSE:FSIC), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. FS Investment had 11 analyst reports since August 12, 2015 according to SRatingsIntel. As per Wednesday, September 30, the company rating was initiated by DA Davidson. The company was maintained on Wednesday, May 31 by Keefe Bruyette & Woods. Cantor Fitzgerald upgraded the shares of FSIC in report on Monday, January 11 to “Buy” rating. As per Monday, May 1, the company rating was maintained by Wood. The stock of FS Investment Corporation (NYSE:FSIC) earned “Neutral” rating by JP Morgan on Thursday, August 11. As per Friday, December 18, the company rating was initiated by Sterne Agee CRT. Wells Fargo downgraded the shares of FSIC in report on Friday, March 3 to “Market Perform” rating. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, September 7.

FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The company has market cap of $2.24 billion. The Company’s investment objectives are to generate current income and long-term capital appreciation. It has a 6 P/E ratio. The Company’s portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies.

Among 9 analysts covering Sallie Mae (NASDAQ:SLM), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Sallie Mae had 14 analyst reports since October 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 10 by Goldman Sachs. Wedbush initiated SLM Corp (NASDAQ:SLM) rating on Tuesday, January 31. Wedbush has “Outperform” rating and $13 target. The stock of SLM Corp (NASDAQ:SLM) has “Hold” rating given on Thursday, July 20 by BMO Capital Markets. The stock of SLM Corp (NASDAQ:SLM) has “Buy” rating given on Friday, July 21 by Wedbush. The rating was maintained by Compass Point with “Buy” on Monday, October 12. The stock of SLM Corp (NASDAQ:SLM) earned “Hold” rating by BMO Capital Markets on Wednesday, May 31. As per Wednesday, December 7, the company rating was initiated by Jefferies. The stock of SLM Corp (NASDAQ:SLM) earned “Buy” rating by Citigroup on Thursday, July 14. The rating was maintained by FBR Capital on Wednesday, July 19 with “Buy”. The rating was maintained by Compass Point with “Buy” on Thursday, January 21.

Since March 1, 2017, it had 0 insider purchases, and 2 sales for $338,495 activity. Thome Paul F sold $112,605 worth of stock.