American Capital (NASDAQ:ACAS) Rating Reaffirmed
American Capital (NASDAQ:ACAS) just had their share rating of a ‘”Buy”‘ issued by research analysts at Compass Point, who now has a $18 Estimated Target Price on the $3.88 billion market cap company or a 27.12% upside potential. This key information was released in analysts note on 8 December.
From a total of 7 analysts covering American Capital (NASDAQ:ACAS) stock, 4 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is $20 while the lowest target price is $14.5. The mean of all analyst targets is $17.36 with a 14.76% above today’s ($14.16) stock price. American Capital was the topic of 5 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Compass Point maintained shares on December 8 with “Buy” rating. Cantor Fitzgerald maintained shares with “Hold” rating and $16 target share price in a report from an August 6. Zacks upgraded ACAS stock in a recent report from August 10 to “Hold” rating.
The stock decreased 3.80% or $0.56 during the last trading session, striking $14.16. Approximately shares of stock traded hands. American Capital Ltd. (NASDAQ:ACAS) has declined 4.97% since May 6, 2015 and is downtrending. It has underperformed by 4.17% the S&P500.
The overall sentiment of institutions has decreased to 0.99 in Q2 2015. Its down 0.16, from 1.15 in 2015Q2. The ratio turned negative, as 21 institutions have sold all the shares of American Capital Ltd. that they owned while 67 funds have taken shares off the table. 29 funds have purchased shares for the first time while 58 added to their positions. These institutions now hold 182.86 million shares or 0.58% less than the 183.92 million shares they owned in 2015Q2.
The Fund Goldentree Asset Management Lp currently is holding shares equating to 9.65% of its total portfolio in American Capital Ltd. representing a total of 4.85 million shares. Another fund,Raging Capital Management Llc, is holding a total of 4.50 million shares equating to 7.19% of their holdings. Additionally, Knighthead Capital Management Llc has a 2.13 million share stake in American Capital Ltd. which represents 6.73% of their total portfolio. The Fund, Muzinich & Co. Inc., based out of New York, has also built up a stake in the stock, which represents a total of 6.68% of their total portfolio. Finally Orange Capital Llc, a fund which is based in the state of New York reported a total holdings of 6.94 million shares.
Insider activity is a very important aspect to track on any stock. Going back to March 5, 2015, shareholders of American Capital Ltd. have witnessed 0 insider purchases, and a total of 16 selling transactions equating to a net activity of approximately $1.23 million . Flax Samuel Allan sold 430 shares worth approximately $5,437. Graff Brian sold 101 shares worth approximately $1,266. Peterson Kenneth D Jr sold 37,750 shares worth approximately $517,288. Baskin Mary C sold 26,000 shares worth approximately $361,660. The company insider Erickson John R sold 1,314 shares worth $19,841.
American Capital, Ltd. is a global asset manager and private equity firm. The company has a market cap of $3.88 billion. The Firm both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and structured products. It has 52.68 P/E ratio. It invests in senior and mezzanine debt and equity in buyouts of private companies sponsored by the Company or sponsored by other private equity funds and provides capital to early stage and mature private and small public companies.
According to Zacks Investment Research, “AMERICAN CAPITAL STRATEGIES LTD. is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. American Capital and its affiliates invest chiefly in companies located in North America and Europe. As a publicly traded company, they offer shareholders an opportunity to invest in privately held middle market companies through ownership of their stock.” Get a free copy of the Zacks research report on American Capital Ltd. (ACAS).