Stay updated with breaking news from Nasdaq Arcc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ares Capital (NASDAQ:ARCC – Get Rating) issued its quarterly earnings results on Tuesday. The investment management company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.02), RTT News reports. Ares Capital had a net margin of 28.63% and a return on equity of 11.15%. The firm had […]
Wells Fargo & Company cut shares of Ares Capital (NASDAQ:ARCC – Get Rating) from an overweight rating to an equal weight rating in a research report report published on Tuesday morning, The Fly reports. They currently have $18.00 price objective on the investment management company’s stock, down from their previous price objective of $20.00. Several […]
Mach 1 Financial Group LLC purchased a new position in shares of Ares Capital Co. (NASDAQ:ARCC – Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 28,830 shares of the investment management company’s stock, valued at approximately $533,000. Several other hedge funds […]
Albion Financial Group UT increased its position in Ares Capital Co. (NASDAQ:ARCC – Get Rating) by 8.9% in the fourth quarter, Holdings Channel reports. The firm owned 73,390 shares of the investment management company’s stock after purchasing an additional 6,000 shares during the quarter. Albion Financial Group UT’s holdings in Ares Capital were worth $1,356,000 […]
Wells Fargo & Company downgraded shares of Ares Capital (NASDAQ:ARCC – Get Rating) from an overweight rating to an equal weight rating in a research note released on Tuesday, The Fly reports. They currently have $18.00 price target on the investment management company’s stock, down from their prior price target of $20.00. Other research analysts […]