$0.18 EPS Expected for PennantPark Investment Corporation (PNNT)

May 9, 2018 - By Marie Mckinney

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.20, from 0.98 in 2017Q3. It is positive, as 12 investors sold PennantPark Investment Corporation shares while 28 reduced holdings. 16 funds opened positions while 31 raised stakes. 26.98 million shares or 0.25% less from 27.05 million shares in 2017Q3 were reported.
Carroll Inc invested in 0% or 2,600 shares. Bessemer Group Inc Inc holds 0% or 4,400 shares in its portfolio. Macquarie Ltd reported 101,555 shares. Bluecrest Cap Management Limited invested 0.02% of its portfolio in PennantPark Investment Corporation (NASDAQ:PNNT). West Family Invests holds 959,457 shares or 1.7% of its portfolio. Moreover, Essex Fincl Inc has 0.02% invested in PennantPark Investment Corporation (NASDAQ:PNNT). Burgundy Asset Management Ltd has invested 0.15% in PennantPark Investment Corporation (NASDAQ:PNNT). Wedge L Lp Nc has invested 0.01% of its portfolio in PennantPark Investment Corporation (NASDAQ:PNNT). Blackrock invested 0% of its portfolio in PennantPark Investment Corporation (NASDAQ:PNNT). D E Shaw And stated it has 0% of its portfolio in PennantPark Investment Corporation (NASDAQ:PNNT). Raymond James holds 0% of its portfolio in PennantPark Investment Corporation (NASDAQ:PNNT) for 19,000 shares. Barclays Public Ltd has 0% invested in PennantPark Investment Corporation (NASDAQ:PNNT) for 94 shares. Mckinley Capital Management Ltd Llc Delaware holds 0.06% or 183,906 shares in its portfolio. Stratos Wealth Ptnrs Limited stated it has 0% in PennantPark Investment Corporation (NASDAQ:PNNT). Two Sigma Securities Ltd Liability Corp invested in 20,117 shares.

Analysts expect PennantPark Investment Corporation (NASDAQ:PNNT) to report $0.18 EPS on May, 14.They anticipate $0.05 EPS change or 21.74 % from last quarter’s $0.23 EPS. PNNT’s profit would be $12.79M giving it 9.53 P/E if the $0.18 EPS is correct. After having $0.20 EPS previously, PennantPark Investment Corporation’s analysts see -10.00 % EPS growth. The stock increased 1.48% or $0.1 during the last trading session, reaching $6.86. About 397,698 shares traded or 33.16% up from the average. PennantPark Investment Corporation (NASDAQ:PNNT) has declined 13.46% since May 9, 2017 and is downtrending. It has underperformed by 25.01% the S&P500.

PennantPark Investment Corporation (NASDAQ:PNNT) Ratings Coverage

Among 3 analysts covering Pennantpark Investment Corp (NASDAQ:PNNT), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Pennantpark Investment Corp had 3 analyst reports since January 19, 2018 according to SRatingsIntel. Ladenburg Thalmann upgraded the shares of PNNT in report on Friday, February 9 to “Buy” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, February 8 report. The company was maintained on Friday, January 19 by Jefferies.

PennantPark Investment Corporation specializes in direct and mezzanine investments in middle market companies. The company has market cap of $487.48 million. It invests in the form of mezzanine debt, senior secured loans, and equity investments. It has a 7.9 P/E ratio. The fund typically invests in building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, gas and oil, media, environmental services, aerospace and defense, manufacturing industries and retail.

More recent PennantPark Investment Corporation (NASDAQ:PNNT) news were published by: Benzinga.com which released: “28 Stocks Moving In Friday’s Pre-Market Session” on April 13, 2018. Also Globenewswire.com published the news titled: “PennantPark Investment Corporation Announces $30 Million Stock Repurchase Program” on May 09, 2018. Nasdaq.com‘s news article titled: “PennantPark Investment Corporation Announces Financial Results for the Quarter Ended March 31, 2018” with publication date: May 09, 2018 was also an interesting one.

PennantPark Investment Corporation (NASDAQ:PNNT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: