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Drive Shack Inc. (DS) Touches $6.83 High on Jun, 14; Ares Capital Has 1.14 Sentiment

The stock of Drive Shack Inc. (NYSE:DS) reached all time high today, Jun, 14 and still has $7.24 target or 6.00% above today’s $6.83 share price. This indicates more upside for the $457.45M company. This technical setup was reported by Barchart.com. If the $7.24 PT is reached, the company will be worth $27.45 million more. The stock decreased 0.00% or $0.0001 during the last trading session, reaching $6.8299. About 244,233 shares traded. Drive Shack Inc. (NYSE:DS) has risen 89.18% since June 14, 2017 and is uptrending. It has outperformed by 76.61% the S&P500. Some Historical DS News: ; 03/05/2018 – Drive Shack 1Q Rev $66.7M; 15/05/2018 – Trafelet Capital Management Buys 1.5% Position in Drive Shack; 23/04/2018 – Drive Shack Orlando Celebrates National Golf Day With Free BayPlay; 13/03/2018 – Drive Shack Debuts Flagship Golf-Entertainment Destination In Orlando; 21/04/2018 – DJ Drive Shack Inc, Inst Holders, 1Q 2018 (DS); 07/03/2018 – DRIVE SHACK INC – QTRLY CORE LOSS PER WA BASIC SHARE $0.02; 07/03/2018 – Drive Shack 4Q Adj Loss/Shr 2c; 03/05/2018 – Drive Shack 1Q Loss/Shr 26c; 07/03/2018 – Correct: Drive Shack 4Q Loss/Shr 38c; 07/03/2018 – Drive Shack 4Q Rev $70.4M

Ares Capital Corp (ARCC) investors sentiment increased to 1.14 in 2018 Q1. It’s up 0.22, from 0.92 in 2017Q4. The ratio has increased, as 158 funds started new and increased holdings, while 139 cut down and sold their positions in Ares Capital Corp. The funds in our database now possess: 161.27 million shares, up from 156.46 million shares in 2017Q4. Also, the number of funds holding Ares Capital Corp in top ten holdings increased from 9 to 12 for an increase of 3. Sold All: 32 Reduced: 107 Increased: 110 New Position: 48.

Newcastle Investment Corp. operates as a real estate investment trust in the United States. The company has market cap of $457.45 million. The firm invests in and manages real estate related and other investments, including senior housing properties; debt investments financed with collateralized debt obligations; other debt investments; and investments in golf courses and facilities. It currently has negative earnings. It also invests in securities, including commercial mortgage backed securities, senior unsecured debt issued by property REITs, and real estate related asset backed securities, as well as in loans, such as real estate related and other loans, including corporate bank loans, commercial mortgage loans, residential mortgage loans, manufactured housing loans, and subprime mortgage loans.

Analysts await Drive Shack Inc. (NYSE:DS) to report earnings on August, 1. They expect $0.04 EPS, down 63.64% or $0.07 from last year’s $0.11 per share. DS’s profit will be $2.68M for 42.69 P/E if the $0.04 EPS becomes a reality. After $-0.08 actual EPS reported by Drive Shack Inc. for the previous quarter, Wall Street now forecasts -150.00% EPS growth.

More recent Drive Shack Inc. (NYSE:DS) news were published by: Prnewswire.com which released: “Trace3 Brings Cutting-Edge Technology To Drive Shack’s Golf-Entertainment Centers” on June 12, 2018. Also Seekingalpha.com published the news titled: “Apple: Expectations Meet Reality” on May 31, 2018. Globenewswire.com‘s news article titled: “New Research Coverage Highlights Apollo Commercial Real Estate Finance, Drive Shack, GlycoMimetics, Dycom …” with publication date: May 22, 2018 was also an interesting one.

More news for Ares Capital Corporation (NASDAQ:ARCC) were recently published by: Seekingalpha.com, which released: “TCG BDC Inc.: 9% Dividend Yield With Upside For Rising Interest Rates” on June 01, 2018. Seekingalpha.com‘s article titled: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” and published on May 30, 2018 is yet another important article.

Since January 1, 0001, it had 7 insider buys, and 0 selling transactions for $453,564 activity.

Muzinich & Co. Inc. holds 18.33% of its portfolio in Ares Capital Corporation for 6.87 million shares. Tegean Capital Management Llc owns 1.25 million shares or 10.62% of their US portfolio. Moreover, Penn Mutual Life Insurance Co has 8.53% invested in the company for 748,000 shares. The Colorado-based Bruni J V & Co Co has invested 6.65% in the stock. Golden Gate Private Equity Inc., a California-based fund reported 387,000 shares.

Analysts await Ares Capital Corporation (NASDAQ:ARCC) to report earnings on August, 1. They expect $0.39 earnings per share, up 14.71% or $0.05 from last year’s $0.34 per share. ARCC’s profit will be $166.26M for 10.72 P/E if the $0.39 EPS becomes a reality. After $0.39 actual earnings per share reported by Ares Capital Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 1.30% or $0.215 during the last trading session, reaching $16.725. About 890,217 shares traded. Ares Capital Corporation (ARCC) has declined 0.18% since June 14, 2017 and is downtrending. It has underperformed by 12.75% the S&P500. Some Historical ARCC News: ; 28/05/2018 – ARES ASIA LTD 0645.HK – EXPECTED NET LOSS MAINLY DUE TO DECREASE IN REVENUE DURING YEAR BY ABOUT 20% TO 25%; 27/04/2018 – Ares EIF to Sell Brooklyn Navy Yard Power Plant to Axium; 30/03/2018 – Moody’s Assigns Provisional Ratings To Eight Classes Of Notes To Be Issued By Ares Xxxiir Clo Ltd; 26/04/2018 – S&PGR Rates Two Ares XXXIIR CLO Classes After Reissue; 28/05/2018 – ARES ASIA PROFIT WARNING 29/05/2018 06:05; 04/04/2018 – ARES CAPITAL CORP – A&R CREDIT FACILITY COMPOSED OF REVOLVING LOAN TRANCHE EQUAL TO $1.7 BLN AND TERM LOAN TRANCHE IN AN AMOUNT EQUAL TO $413.75 MLN; 06/03/2018 – Curetis subsidiary Ares Genetics wins incubator stay in Silicon Valley; 02/05/2018 – Ares Capital 2Q Net $242M; 03/04/2018 – S&P PLACED ARES CAPITAL CORP. ON CREDIT WATCH ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘BBB’; 02/05/2018 – ARES CAPITAL 1Q CORE EPS 39C, EST. 38C

Ares Capital Corporation (NASDAQ:ARCC) Ratings Chart

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