Media stories about ALCENTRA Cap Co/SH (NASDAQ:ABDC) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. ALCENTRA Cap Co/SH earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave media headlines about the asset manager an impact score of 46.1893938135331 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
ABDC has been the topic of a number of research analyst reports. ValuEngine downgraded ALCENTRA Cap Co/SH from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Keefe, Bruyette & Woods set a $7.00 price target on ALCENTRA Cap Co/SH and gave the company a “hold” rating in a report on Thursday, March 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $12.00.
NASDAQ ABDC traded up $0.01 on Thursday, reaching $6.79. The stock had a trading volume of 400 shares, compared to its average volume of 79,769. ALCENTRA Cap Co/SH has a 1 year low of $5.90 and a 1 year high of $13.76. The company has a market capitalization of $92.25 million, a P/E ratio of 5.14 and a beta of 0.62.
ALCENTRA Cap Co/SH (NASDAQ:ABDC) last issued its earnings results on Monday, May 7th. The asset manager reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. ALCENTRA Cap Co/SH had a positive return on equity of 10.44% and a negative net margin of 51.32%. The firm had revenue of $8.18 million for the quarter, compared to the consensus estimate of $8.23 million. equities research analysts forecast that ALCENTRA Cap Co/SH will post 0.88 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 5th. Shareholders of record on Friday, June 29th will be paid a $0.18 dividend. The ex-dividend date is Thursday, June 28th. This represents a $0.72 dividend on an annualized basis and a yield of 10.60%. ALCENTRA Cap Co/SH’s dividend payout ratio (DPR) is currently 54.55%.
In related news, insider Branko Krmpotic purchased 10,000 shares of ALCENTRA Cap Co/SH stock in a transaction on Tuesday, March 20th. The stock was bought at an average price of $6.15 per share, with a total value of $61,500.00. Following the completion of the transaction, the insider now directly owns 14,000 shares of the company’s stock, valued at $86,100. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Edward Grebow purchased 5,000 shares of ALCENTRA Cap Co/SH stock in a transaction on Thursday, May 10th. The stock was bought at an average cost of $6.47 per share, with a total value of $32,350.00. The disclosure for this purchase can be found here. Insiders acquired 19,750 shares of company stock worth $124,138 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.
About ALCENTRA Cap Co/SH
Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. It provides customized debt and equity financing solutions to lower middle-market companies, which are companies having annual earnings, before interest, taxes, depreciation and amortization of between $5 million and $15 million, and/or revenues of between $10 million and $100 million.
Receive News & Ratings for ALCENTRA Cap Co/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALCENTRA Cap Co/SH and related companies with MarketBeat.com's FREE daily email newsletter.