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Alcentra Capital (ABDC) Reaches $6.73 After 9.00% Down Move; Edison International Has 1.25 Sentiment

Edison International (NYSE:EIX) Logo

Edison International (EIX) investors sentiment increased to 1.25 in 2017 Q4. It’s up 0.10, from 1.15 in 2017Q3. The ratio is more positive, as 263 institutional investors started new and increased holdings, while 211 decreased and sold holdings in Edison International. The institutional investors in our database now possess: 258.17 million shares, down from 259.99 million shares in 2017Q3. Also, the number of institutional investors holding Edison International in top ten holdings was flat from 4 to 4 for the same number . Sold All: 54 Reduced: 157 Increased: 192 New Position: 71.

The stock of Alcentra Capital Corporation (NASDAQ:ABDC) is a huge mover today! The stock decreased 3.86% or $0.27 during the last trading session, reaching $6.73. About 61,528 shares traded. Alcentra Capital Corporation (NASDAQ:ABDC) has declined 49.03% since April 14, 2017 and is downtrending. It has underperformed by 60.58% the S&P500.The move comes after 9 months negative chart setup for the $95.61M company. It was reported on Apr, 14 by Barchart.com. We have $6.12 PT which if reached, will make NASDAQ:ABDC worth $8.60M less.

Among 7 analysts covering Alcentra Capital Corp (NASDAQ:ABDC), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Alcentra Capital Corp had 16 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, November 7 by Robert W. Baird. As per Wednesday, June 22, the company rating was initiated by Janney Capital. The company was maintained on Friday, August 4 by Oppenheimer. The rating was downgraded by Raymond James on Monday, July 17 to “Outperform”. As per Wednesday, November 8, the company rating was downgraded by Raymond James. Oppenheimer maintained Alcentra Capital Corporation (NASDAQ:ABDC) on Thursday, August 13 with “Outperform” rating. On Sunday, August 6 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, March 15 report. The stock of Alcentra Capital Corporation (NASDAQ:ABDC) earned “Hold” rating by Raymond James on Thursday, January 11. The stock of Alcentra Capital Corporation (NASDAQ:ABDC) has “Hold” rating given on Wednesday, May 31 by Keefe Bruyette & Woods.

Alcentra Capital Corporation is a business development firm specializing in investments in lower middle-market companies. The company has market cap of $95.61 million. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and gas and oil services sector. It currently has negative earnings. It focuses on investment opportunities headquartered in North America.

Crow Point Partners Llc holds 4.88% of its portfolio in Edison International for 485,000 shares. Zimmer Partners Lp owns 1.87 million shares or 2.88% of their US portfolio. Moreover, Global Thematic Partners Llc has 2.8% invested in the company for 1.34 million shares. The United Kingdom-based Dynamic Capital Management Ltd has invested 2.36% in the stock. Tobam, a France-based fund reported 515,316 shares.

The stock increased 0.95% or $0.6 during the last trading session, reaching $63.44. About 3.99M shares traded or 18.09% up from the average. Edison International (EIX) has declined 21.55% since April 14, 2017 and is downtrending. It has underperformed by 33.10% the S&P500.

Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The company has market cap of $20.67 billion. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It has a 36.88 P/E ratio. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks.

Edison International (NYSE:EIX) Institutional Positions Chart

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