Solar Capital Ltd. is a business development firm specializing in secured debt , subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The company has market cap of $892.97 million. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; gas and oil; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It has a 12.58 P/E ratio. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools.
First Interstate Bank decreased American Express Co (AXP) stake by 20.84% reported in 2017Q3 SEC filing. First Interstate Bank sold 24,389 shares as American Express Co (AXP)’s stock declined 3.65%. The First Interstate Bank holds 92,649 shares with $8.38 million value, down from 117,038 last quarter. American Express Co now has $85.09B valuation. The stock decreased 1.83% or $1.83 during the last trading session, reaching $98.03. About 12.31 million shares traded or 271.71% up from the average. American Express Company (NYSE:AXP) has risen 22.41% since January 21, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.
Since July 31, 2017, it had 0 insider buys, and 11 sales for $38.86 million activity. Another trade for 12,789 shares valued at $1.27M was sold by Bush James Peter. Sobbott Susan had sold 6,000 shares worth $506,340 on Thursday, September 7. O’Neill Michael John sold 43,741 shares worth $4.32M. $5.63 million worth of American Express Company (NYSE:AXP) was sold by Gupta Ashwini. $4.53 million worth of American Express Company (NYSE:AXP) shares were sold by Williams Anre D. $9.38M worth of American Express Company (NYSE:AXP) was sold by CHENAULT KENNETH I on Thursday, December 14. $8.79 million worth of American Express Company (NYSE:AXP) shares were sold by Buckminster Douglas E..
Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 47 investors sold AXP shares while 434 reduced holdings. 100 funds opened positions while 297 raised stakes. 709.03 million shares or 0.92% less from 715.61 million shares in 2017Q2 were reported. Qv Inc invested 5.26% of its portfolio in American Express Company (NYSE:AXP). The Illinois-based Dearborn Partners Ltd has invested 0.02% in American Express Company (NYSE:AXP). Nj State Employees Deferred Compensation Plan has invested 0.82% in American Express Company (NYSE:AXP). Moreover, Advisory Service Networks Lc has 0.06% invested in American Express Company (NYSE:AXP) for 6,013 shares. Benjamin F Edwards And has invested 0.21% in American Express Company (NYSE:AXP). Palisade Asset Mgmt Ltd Limited Liability Company accumulated 0.14% or 8,447 shares. Eastern Commercial Bank holds 5,191 shares. Moreover, Lenox Wealth Mngmt Incorporated has 0.03% invested in American Express Company (NYSE:AXP). First Commercial Bank Of Hutchinson stated it has 3,126 shares. Van Den Berg I Inc holds 0.04% in American Express Company (NYSE:AXP) or 3,750 shares. Boston Ltd Co has invested 0.01% in American Express Company (NYSE:AXP). 1St Source Bank, Indiana-based fund reported 59,790 shares. Torray Limited Liability Corp holds 213,435 shares or 1.91% of its portfolio. Blb&B Advisors Limited Liability Company stated it has 25,070 shares or 0.35% of all its holdings. Qci Asset Mngmt Inc Ny reported 116 shares.
Among 36 analysts covering American Express Company (NYSE:AXP), 10 have Buy rating, 4 Sell and 22 Hold. Therefore 28% are positive. American Express Company had 105 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Thursday, August 20 by Evercore. The firm earned “Buy” rating on Tuesday, January 9 by Wells Fargo. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, July 14 report. Barclays Capital maintained it with “Equal-Weight” rating and $93 target in Thursday, October 19 report. As per Thursday, January 18, the company rating was maintained by Piper Jaffray. Morgan Stanley maintained the shares of AXP in report on Thursday, July 20 with “Equal-Weight” rating. JMP Securities initiated American Express Company (NYSE:AXP) on Tuesday, December 22 with “Market Perform” rating. As per Tuesday, October 10, the company rating was initiated by Wells Fargo. Barclays Capital maintained American Express Company (NYSE:AXP) on Friday, January 22 with “Equal-Weight” rating.
First Interstate Bank increased Berkshire Hathaway (BRKB) stake by 4,835 shares to 44,100 valued at $8.08M in 2017Q3. It also upped Citigroup Inc (NYSE:C) stake by 14,068 shares and now owns 194,553 shares. Alphabet Inc was raised too.
Yorktown Management & Research Co Inc holds 7.03% of its portfolio in Solar Capital Ltd. for 1.24 million shares. Muzinich & Co. Inc. owns 1.91 million shares or 4.09% of their US portfolio. Moreover, Signia Capital Management Llc has 2.98% invested in the company for 134,066 shares. The Illinois-based West Family Investments Inc. has invested 1.25% in the stock. Clough Capital Partners L P, a Massachusetts-based fund reported 824,831 shares.
Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on February, 28. They expect $0.42 earnings per share, 0.00% or $0.00 from last year’s $0.42 per share. SLRC’s profit will be $17.75 million for 12.58 P/E if the $0.42 EPS becomes a reality. After $0.41 actual earnings per share reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 2.44% EPS growth.
The stock increased 0.14% or $0.03 during the last trading session, reaching $21.13. About 66,980 shares traded. Solar Capital Ltd. (SLRC) has risen 18.52% since January 21, 2017 and is uptrending. It has outperformed by 1.82% the S&P500.
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