Ares Cap (ARCC) Holder Gratia Capital Has Trimmed Stake; Coastline Trust Co Has Upped Stake in Schein Henry (HSIC)

February 18, 2018 - By Marguerite Chambers

Coastline Trust Co increased its stake in Schein Henry Inc (HSIC) by 107.94% based on its latest 2017Q3 regulatory filing with the SEC. Coastline Trust Co bought 12,650 shares as the company’s stock rose 5.77% with the market. The institutional investor held 24,370 shares of the health care company at the end of 2017Q3, valued at $2.00 million, up from 11,720 at the end of the previous reported quarter. Coastline Trust Co who had been investing in Schein Henry Inc for a number of months, seems to be bullish on the $10.91B market cap company. The stock increased 1.67% or $1.14 during the last trading session, reaching $69.52. About 2.87 million shares traded or 43.53% up from the average. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since February 18, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

Steve Pei decreased its stake in Ares Cap Corp (ARCC) by 34.83% based on its latest 2017Q3 regulatory filing with the SEC. Gratia Capital Llc sold 144,505 shares as the company’s stock declined 6.68% while stock markets rallied. The hedge fund run by Steve Pei held 270,403 shares of the company at the end of 2017Q3, valued at $4.43 million, down from 414,908 at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Ares Cap Corp for a number of months, seems to be less bullish one the $6.81B market cap company. The stock increased 0.50% or $0.08 during the last trading session, reaching $15.98. About 1.39 million shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since February 18, 2017 and is uptrending. It has underperformed by 6.98% the S&P500.

Analysts await Ares Capital Corporation (NASDAQ:ARCC) to report earnings on February, 28. They expect $0.37 EPS, down 11.90% or $0.05 from last year’s $0.42 per share. ARCC’s profit will be $157.72 million for 10.80 P/E if the $0.37 EPS becomes a reality. After $0.36 actual EPS reported by Ares Capital Corporation for the previous quarter, Wall Street now forecasts 2.78% EPS growth.

Gratia Capital Llc, which manages about $521.00M and $253.04 million US Long portfolio, upped its stake in Spdr Series Trust (XRT) by 462,982 shares to 521,531 shares, valued at $21.78M in 2017Q3, according to the filing.

Among 17 analysts covering Ares Capital (NASDAQ:ARCC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Ares Capital had 26 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by DA Davidson given on Wednesday, September 30. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, October 5. The firm has “Buy” rating given on Thursday, August 18 by UBS. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Hold” rating given on Wednesday, May 31 by BMO Capital Markets. Oppenheimer initiated it with “Buy” rating and $18.0 target in Wednesday, September 20 report. Jefferies maintained the stock with “Buy” rating in Thursday, November 2 report. On Tuesday, August 9 the stock rating was maintained by JMP Securities with “Market Outperform”. Jefferies maintained Ares Capital Corporation (NASDAQ:ARCC) on Friday, September 22 with “Buy” rating. On Thursday, February 25 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, August 23.

Since January 23, 2018, it had 1 buy, and 0 insider sales for $3,242 activity.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.17, from 1.13 in 2017Q2. It dived, as 55 investors sold ARCC shares while 104 reduced holdings. 35 funds opened positions while 118 raised stakes. 161.57 million shares or 5.32% less from 170.64 million shares in 2017Q2 were reported. California Employees Retirement holds 0.02% or 895,500 shares. Moreover, Sg Americas Securities Llc has 0.01% invested in Ares Capital Corporation (NASDAQ:ARCC) for 82,701 shares. Moreover, Magnetar Ltd Limited Liability Company has 0.03% invested in Ares Capital Corporation (NASDAQ:ARCC). Loomis Sayles And Limited Partnership has invested 0.03% in Ares Capital Corporation (NASDAQ:ARCC). Financial Advantage Inc, a Maryland-based fund reported 282,937 shares. Green Square Ltd Liability has 1.13% invested in Ares Capital Corporation (NASDAQ:ARCC). Dnb Asset Mgmt As owns 131,745 shares. Blume Capital Mgmt accumulated 400 shares. Asset Mgmt has 0.03% invested in Ares Capital Corporation (NASDAQ:ARCC) for 10,852 shares. 20,608 are owned by Envestnet Asset. Jefferies Gp Lc, a New York-based fund reported 28,338 shares. Pinebridge Ltd Partnership owns 0.03% invested in Ares Capital Corporation (NASDAQ:ARCC) for 82,854 shares. Moreover, Thrivent For Lutherans has 0.03% invested in Ares Capital Corporation (NASDAQ:ARCC) for 8.00M shares. 267,800 are held by Pub Employees Retirement System Of Ohio. 369,600 were accumulated by Golden Gate Private Equity.

Among 21 analysts covering Henry Schein Inc. (NASDAQ:HSIC), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Henry Schein Inc. had 45 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, February 15, the company rating was maintained by JP Morgan. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Hold” rating given on Thursday, July 20 by Jefferies. The rating was maintained by Jefferies on Tuesday, November 7 with “Hold”. As per Tuesday, January 10, the company rating was upgraded by Gabelli. The company was downgraded on Wednesday, December 6 by Morgan Stanley. Stifel Nicolaus maintained Henry Schein, Inc. (NASDAQ:HSIC) rating on Wednesday, July 5. Stifel Nicolaus has “Hold” rating and $17800 target. Evercore downgraded the stock to “Hold” rating in Friday, July 31 report. Craig Hallum upgraded the shares of HSIC in report on Tuesday, November 7 to “Buy” rating. The rating was maintained by Jefferies with “Hold” on Tuesday, August 22. As per Thursday, November 5, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 7.15 in Q3 2017. Its up 5.99, from 1.16 in 2017Q2. It improved, as 47 investors sold HSIC shares while 15 reduced holdings. 66 funds opened positions while 377 raised stakes. 279.70 million shares or 306.41% more from 68.82 million shares in 2017Q2 were reported. Headinvest Limited Liability Corporation stated it has 0.16% in Henry Schein, Inc. (NASDAQ:HSIC). Snyder Management LP invested in 171,077 shares. Sector Pension Invest Board has 8,344 shares for 0% of their portfolio. Morgan Dempsey Lc has invested 0.04% in Henry Schein, Inc. (NASDAQ:HSIC). Deutsche Bank & Trust Ag holds 389,649 shares or 0.02% of its portfolio. Franklin Resource Inc invested in 141,786 shares. Robeco Institutional Asset Management Bv accumulated 11,574 shares. Marshall Wace Llp stated it has 0.09% in Henry Schein, Inc. (NASDAQ:HSIC). Numeric Investors Limited Liability Corporation stated it has 6,900 shares or 0% of all its holdings. 45,716 were accumulated by Reilly Herbert Faulkner Iii. Ent Finance Service Corp reported 240 shares stake. Citigroup reported 50,795 shares. Adage Cap Ptnrs Gru Ltd Co owns 378,400 shares. The Bermuda-based Fil Ltd has invested 0.06% in Henry Schein, Inc. (NASDAQ:HSIC). State Of Tennessee Treasury Department has 43,170 shares.

Coastline Trust Co, which manages about $573.48 million US Long portfolio, decreased its stake in Fair Isaac Corp (NYSE:FICO) by 3,080 shares to 15,690 shares, valued at $2.20M in 2017Q3, according to the filing. It also reduced its holding in Marathon Petroleum Corporation (NYSE:MPC) by 8,403 shares in the quarter, leaving it with 49,470 shares, and cut its stake in Omnicom Group Inc (NYSE:OMC).

Since September 6, 2017, it had 0 insider purchases, and 1 sale for $366,756 activity.