Investors sentiment increased to 0.91 in 2019 Q2. Its up 0.05, from 0.86 in 2019Q1. It improved, as 26 investors sold Prospect Capital Corporation shares while 38 reduced holdings. 20 funds opened positions while 38 raised stakes. 36.70 million shares or 2.29% more from 35.88 million shares in 2019Q1 were reported.
Point72 Asset Management Ltd Partnership holds 0% or 5,488 shares in its portfolio. First Republic Inv has invested 0.01% in Prospect Capital Corporation (NASDAQ:PSEC). Invesco stated it has 0% in Prospect Capital Corporation (NASDAQ:PSEC). Sg Americas Securities Limited Liability Corp holds 53,434 shares. Raymond James Advisors invested in 0.01% or 272,950 shares. United Ser Automobile Association accumulated 404,000 shares or 0.01% of the stock. Northern Corp has invested 0% in Prospect Capital Corporation (NASDAQ:PSEC). Regal Invest Advsrs Limited Liability Corp has invested 0.03% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Envestnet Asset Management has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC). Huntington National Bank & Trust invested in 0% or 500 shares. Tower Ltd Llc (Trc) has invested 0% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Moreover, Morgan Stanley has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 1.44 million shares. Cambridge Invest Research invested in 0.02% or 300,364 shares. Deutsche Bancshares Ag holds 0% or 460,997 shares. Highlander Lc invested in 24,000 shares.
Since June 5, 2019, it had 7 insider buys, and 0 insider sales for $8.71 million activity. Another trade for 10,000 shares valued at $64,532 was made by Gremp William on Friday, November 8.
Prospect Capital Corporation (NASDAQ:PSEC) Stock Upgrade
BidaskScore raised the rating on Prospect Capital Corporation (NASDAQ:PSEC) shares to a Hold. This change in their rating was just released in a research note earlier today.
The stock increased 0.31% or $0.02 during the last trading session, reaching $6.52. About 1.10 million shares traded. Prospect Capital Corporation (NASDAQ:PSEC) has declined 5.02% since December 5, 2018 and is downtrending. It has underperformed by 5.02% the S&P500.
Analysts await Prospect Capital Corporation (NASDAQ:PSEC) to report earnings on February, 5. They expect $0.18 earnings per share, down 18.18 % or $0.04 from last year’s $0.22 per share. PSEC’s profit will be $66.15M for 9.06 P/E if the $0.18 EPS becomes a reality. After $0.19 actual earnings per share reported by Prospect Capital Corporation for the previous quarter, Wall Street now forecasts -5.26 % negative EPS growth.
Prospect Capital Corporation is a business development company. The company has market cap of $2.40 billion. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It has a 30.33 P/E ratio. It also makes real estate investments particularly in multi-family residential real estate asset class.
More notable recent Prospect Capital Corporation (NASDAQ:PSEC) news were published by: Streetinsider.com which released: “Prospect Capital Reports September 2019 Quarterly Results and Declares Additional Monthly Distributions – StreetInsider.com” on November 06, 2019, also Seekingalpha.com with their article: “Prospect Capital Corp.: Time To Tread Carefully – Seeking Alpha” published on January 14, 2019, Seekingalpha.com published: “Prospect Capital Corp.: I Am Out – Seeking Alpha” on May 27, 2019. More interesting news about Prospect Capital Corporation (NASDAQ:PSEC) were released by: Seekingalpha.com and their article: “Prospect Capital +1.5% after fiscal Q3 NII beats – Seeking Alpha” published on May 08, 2019 as well as Seekingalpha.com‘s news article titled: “Prospect Capital: Upcoming Credit Issues And 11%+ Yielding Replacement – Seeking Alpha” with publication date: June 12, 2019.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.