Tag: AINV

  • Diversified Investments: Ares Capital Corporation (NASDAQ:ARCC), Apollo Investment Corp. (NASDAQ:AINV), NASDAQ OMX Group (NASDAQ:NDAQ), Main Street Capital (NYSE:MAIN)

    Ares Capital Corporation (NASDAQ:ARCC) is one of the top notched financial corporation. It is known for fulfilling the financial needs of individuals, corporate houses, and new start ups. It provides funds to small investors, newly established businesses backed by venture capital firms, and power generation projects to some extent. Recently this company announced Q1 results.

    According to these results, the company is able to generate an EPS of $0.38. The net investment income of the company in Q1 was estimated at $112.3 million, which was way more than last year’s $99.1 million. Other than this the company also reported net realized and unrealized income of $4.7 million. Ares Capital Corporation (NASDAQ:ARCC) shares after opening at $17.25 moved to $17.35 on last trade day and at the end of the day closed at $16.87. Company price to sales ratio in past twelve months was calculated as 5.71 and price to cash ratio as 33.64. Ares Capital Corporation (NASDAQ:ARCC) showed a negative weekly performance of -1.11%.

    Apollo Investment Corp. (NASDAQ:AINV) was upgraded by Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, ARN reports. The firm currently has a $9.00 target price on the stock. Barclays’ price target would suggest a potential upside of 13.21% from the company’s current price. The analysts noted that the move was a valuation call. Apollo Investment Corp.(NASDAQ:AINV) shares fell -1.36% in last trading session and ended the day on $7.95. AINV return on equity ratio is recorded as 14.60% and its return on assets is 8.50%. Apollo Investment Corp.(NASDAQ:AINV) yearly performance is 0.38%.

    Credit Suisse upgraded shares of NASDAQ OMX Group (NASDAQ:NDAQ) from a neutral rating to an outperform rating in a research note released on Wednesday morning, ARN reports. They currently have $42.00 target price on the stock, up from their previous target price of $40.00. NASDAQ OMX Group, Inc.(NASDAQ:NDAQ) shares moved down -1.09% in last trading session and was closed at $36.30, while trading in range of $ 36.18 – 36.65. NASDAQ OMX Group, Inc.(NASDAQ:NDAQ) year to date (YTD) performance is -8.50%.

    Main Street Capital Corporation (NYSE: MAIN) announced that its Board of Directors declared its semi-annual supplemental cash dividend of $0.275 per share payable in June 2014. This supplemental cash dividend is in addition to the previously announced regular monthly cash dividends that Main Street declared for the second quarter of 2014 of $0.165 per share for each of April, May and June 2014, and represents a 38% increase from the semi-annual supplemental cash dividend paid in mid-year 2013. Including the regular monthly and supplemental cash dividends declared to date, Main Street will have paid $11.95 per share in cumulative cash dividends since its October 2007 initial public offering. Based upon the regular monthly dividend rate of $0.165 per share for the second quarter of 2014 and the current semi-annual supplemental dividend rate of $0.275 per share, Main Street’s current annualized run-rate for cash dividends is $2.53 per share. Main Street Capital Corporation (NYSE:MAIN) weekly performance is -1.34%. On last trading day company shares ended up $31.02. Main Street Capital Corporation (NYSE:MAIN) distance from 50-day simple moving average (SMA50) is -5.58%. Analysts mean target price for the company is $34.67.