As Ares Capital (ARCC) Stock Price Declined, Weybosset Research & Management Decreased by $618,432 Its Holding; At Bancorp Has Decreased Its Holding in Open Text (OTEX) by $437,600

February 20, 2018 - By Linda Rogers

At Bancorp decreased its stake in Open Text Corp (OTEX) by 16.88% based on its latest 2017Q3 regulatory filing with the SEC. At Bancorp sold 13,675 shares as the company’s stock declined 3.85% while stock markets rallied. The institutional investor held 67,355 shares of the edp services company at the end of 2017Q3, valued at $2.18M, down from 81,030 at the end of the previous reported quarter. At Bancorp who had been investing in Open Text Corp for a number of months, seems to be less bullish one the $9.23B market cap company. The stock decreased 1.11% or $0.39 during the last trading session, reaching $34.72. About 229,016 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 15.94% since February 20, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Weybosset Research & Management Llc decreased its stake in Ares Capital Corp (ARCC) by 58.8% based on its latest 2017Q3 regulatory filing with the SEC. Weybosset Research & Management Llc sold 38,652 shares as the company’s stock declined 6.68% while stock markets rallied. The institutional investor held 27,079 shares of the company at the end of 2017Q3, valued at $444,000, down from 65,731 at the end of the previous reported quarter. Weybosset Research & Management Llc who had been investing in Ares Capital Corp for a number of months, seems to be less bullish one the $6.82 billion market cap company. The stock increased 0.16% or $0.025 during the last trading session, reaching $16.005. About 612,517 shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since February 20, 2017 and is uptrending. It has underperformed by 6.98% the S&P500.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.17, from 1.13 in 2017Q2. It turned negative, 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. Huntington Savings Bank invested 0% in Ares Capital Corporation (NASDAQ:ARCC). Atwood And Palmer holds 0% in Ares Capital Corporation (NASDAQ:ARCC) or 643 shares. Quantitative Mngmt Limited Co, a Virginia-based fund reported 108,200 shares. Estabrook Cap has invested 0% in Ares Capital Corporation (NASDAQ:ARCC). Ifc Fl holds 0.05% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 41,458 shares. Next Fin Group Inc has 0% invested in Ares Capital Corporation (NASDAQ:ARCC). Gsa Capital Prns Llp stated it has 21,593 shares or 0.02% of all its holdings. Balyasny Asset stated it has 0% in Ares Capital Corporation (NASDAQ:ARCC). Columbia Wanger Asset Management Lc stated it has 2.25M shares or 0.55% of all its holdings. Management Ltd Liability Corporation invested in 2.03% or 1.52 million shares. 500 were reported by Barrett Asset Mngmt Ltd Liability Co. Hanson Mcclain accumulated 169 shares. Dnb Asset Mngmt As owns 131,745 shares or 0.03% of their US portfolio. Miller Howard Investments owns 0.13% invested in Ares Capital Corporation (NASDAQ:ARCC) for 389,373 shares. Cue Fin Group Inc Inc stated it has 0.59% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC).

Since January 23, 2018, it had 2 insider purchases, and 0 selling transactions for $50,672 activity. The insider ROLL PENELOPE F bought 3,000 shares worth $47,430.

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. As per Friday, September 22, the company rating was maintained by Jefferies. On Tuesday, August 9 the stock rating was maintained by JMP Securities with “Market Outperform”. RBC Capital Markets maintained Ares Capital Corporation (NASDAQ:ARCC) on Friday, November 3 with “Hold” rating. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Outperform” rating given on Friday, August 28 by Raymond James. The firm has “Buy” rating by UBS given on Thursday, August 18. On Friday, August 21 the stock rating was maintained by Citigroup with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, May 31. Keefe Bruyette & Woods maintained the shares of ARCC in report on Wednesday, June 14 with “Buy” rating. National Securities initiated the stock with “Neutral” rating in Tuesday, June 28 report. On Sunday, July 23 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”.

Analysts await Ares Capital Corporation (NASDAQ:ARCC) to report earnings on February, 28. They expect $0.37 earnings per share, down 11.90% or $0.05 from last year’s $0.42 per share. ARCC’s profit will be $157.73 million for 10.81 P/E if the $0.37 EPS becomes a reality. After $0.36 actual earnings per share reported by Ares Capital Corporation for the previous quarter, Wall Street now forecasts 2.78% EPS growth.

Among 12 analysts covering OpenText Corporation (NASDAQ:OTEX), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 83% are positive. OpenText Corporation had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Open Text Corporation (NASDAQ:OTEX) has “Buy” rating given on Tuesday, September 26 by RBC Capital Markets. The rating was maintained by Barclays Capital on Thursday, October 29 with “Overweight”. As per Thursday, February 1, the company rating was maintained by BMO Capital Markets. The firm earned “Sell” rating on Wednesday, November 22 by Macquarie Research. The firm has “Buy” rating given on Thursday, February 1 by Scotia Capital. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, July 28 report. The company was maintained on Monday, October 30 by RBC Capital Markets. The stock has “Buy” rating by TD Securities on Monday, April 4. Citigroup initiated the stock with “Neutral” rating in Thursday, February 16 report. The stock of Open Text Corporation (NASDAQ:OTEX) earned “Overweight” rating by Barclays Capital on Friday, August 4.

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