American Capital (NASDAQ:ACSF) posted its earnings results on Thursday. The asset manager reported $0.22 EPS for the quarter, MarketWatch Earnings reports. American Capital had a net margin of 32.54% and a return on equity of 4.51%. The firm had revenue of $4.08 million during the quarter.
NASDAQ ACSF traded up $0.05 on Friday, hitting $12.30. The stock had a trading volume of 2,015 shares, compared to its average volume of 25,482. American Capital has a one year low of $12.25 and a one year high of $12.30. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.78. The stock has a market cap of $112.50 million, a price-to-earnings ratio of 9.38 and a beta of 1.10.
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The company also recently announced a monthly dividend, which will be paid on Monday, June 4th. Shareholders of record on Monday, May 21st will be given a $0.097 dividend. This represents a $1.16 annualized dividend and a yield of 9.46%. The ex-dividend date of this dividend is Friday, May 18th.
Several research analysts have commented on the stock. TheStreet upgraded shares of American Capital from a “c+” rating to a “b-” rating in a research report on Friday, March 16th. ValuEngine cut shares of American Capital from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Two Sigma Securities LLC bought a new position in American Capital in the 4th quarter worth about $157,000. JPMorgan Chase & Co. grew its position in American Capital by 958.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,459 shares of the asset manager’s stock worth $200,000 after purchasing an additional 15,809 shares during the last quarter. Finally, Relative Value Partners Group LLC grew its position in American Capital by 7.7% in the 1st quarter. Relative Value Partners Group LLC now owns 373,711 shares of the asset manager’s stock worth $4,167,000 after purchasing an additional 26,866 shares during the last quarter. Hedge funds and other institutional investors own 25.03% of the company’s stock.
American Capital Company Profile
American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company. The Company’s investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. It manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States-based companies (collectively, Senior Floating Rate Loans or SFRLs), which are referred to as leveraged loans.