Seabridge Investment Advisors LLC Position In Ares Capital Corporation (ARCC) Was Has Lifted

June 9, 2017 - By Hazel Jackson

Investors sentiment decreased to 1.15 in Q4 2016. Its down 0.04, from 1.19 in 2016Q3. It is negative, as 48 investors sold ARCC shares while 88 reduced holdings. 49 funds opened positions while 108 raised stakes. 160.62 million shares or 5.82% more from 151.79 million shares in 2016Q3 were reported. Moreover, Manufacturers Life The has 0.02% invested in Ares Capital Corporation (NASDAQ:ARCC). Sequoia Advsr Ltd Liability Co accumulated 23,235 shares. Legal And General Gru Public Ltd Llc invested in 0.01% or 706,426 shares. D E Shaw And Company has 1.30M shares for 0.04% of their portfolio. Raymond James holds 0.03% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 618,361 shares. Moreover, M&R Capital Mgmt has 0.05% invested in Ares Capital Corporation (NASDAQ:ARCC) for 11,415 shares. Private Tru Na holds 0.12% in Ares Capital Corporation (NASDAQ:ARCC) or 30,868 shares. Nwq Invest Mgmt Ltd has invested 0.25% in Ares Capital Corporation (NASDAQ:ARCC). Ares Mgmt Ltd Co accumulated 1.47M shares or 1.39% of the stock. Willingdon Wealth has 353,442 shares. Liberty Cap Inc accumulated 900 shares. Nomura Asset Mgmt Limited stated it has 0.23% in Ares Capital Corporation (NASDAQ:ARCC). Finemark State Bank And Trust stated it has 5,666 shares. Miles Capital, Iowa-based fund reported 65,629 shares. Comerica Fincl Bank reported 1.27 million shares or 0.17% of all its holdings.

Seabridge Investment Advisors Llc increased its stake in Ares Capital Corporation (ARCC) by 34443.18% based on its latest 2016Q4 regulatory filing with the SEC. Seabridge Investment Advisors Llc bought 227,325 shares as the company’s stock declined 6.68% while stock markets rallied. The institutional investor held 227,985 shares of the company at the end of 2016Q4, valued at $3.76 million, up from 660 at the end of the previous reported quarter. Seabridge Investment Advisors Llc who had been investing in Ares Capital Corporation for a number of months, seems to be bullish on the $7.13B market cap company. The stock rose 0.72% or $0.12 reaching $16.79 per share. About 477,224 shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since June 9, 2016 and is uptrending. It has underperformed by 6.98% the S&P500.

Seabridge Investment Advisors Llc, which manages about $689.24M and $416.11 million US Long portfolio, decreased its stake in Bed Bath & Beyond Inc. (NASDAQ:BBBY) by 80,040 shares to 60,177 shares, valued at $2.45 million in 2016Q4, according to the filing.

More recent Ares Capital Corporation (NASDAQ:ARCC) news were published by: Businesswire.com which released: “Ares Capital Corporation to Attend the Deutsche Bank Global Financial Services …” on May 23, 2017. Also Fool.com published the news titled: “Ares Capital Corporation: A Dividend Cut Is Around the Corner” on June 07, 2017. Seekingalpha.com‘s news article titled: “Ares Capital Corp.: Time To Take Profits And Run?” with publication date: April 15, 2017 was also an interesting one.

Ares Capital Corporation (NASDAQ:ARCC) Ratings Coverage

Among 11 analysts covering Ares Capital (NASDAQ:ARCC), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Ares Capital had 12 analyst reports since August 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, October 1 by Macquarie Research. The stock has “Buy” rating by Citigroup on Friday, August 21. The firm earned “Overweight” rating on Thursday, February 25 by Barclays Capital. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Hold” rating given on Wednesday, May 31 by BMO Capital Markets. The firm earned “Buy” rating on Wednesday, September 30 by DA Davidson. The firm has “Neutral” rating given on Tuesday, June 28 by National Securities. The firm earned “Outperform” rating on Friday, August 28 by Raymond James. As per Tuesday, August 9, the company rating was maintained by JMP Securities. As per Thursday, August 18, the company rating was maintained by UBS.

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