PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) Weekly Ratings on Jun 27, 2018

June 27, 2018 - By Theresa McIntyre

Big Money Sentiment decreased to 1.36 in Q1 2018. It has change of 0.64, from 2017Q4’s 2. The ratio dropped due to PennantPark Floating Rate Capital Ltd. positioning: 5 sold and 20 reduced. 13 funds bought stakes and 21 increased stakes. Investors holded 9.75 million in 2017Q4 but now own 8.61 million shares or 11.64% less.
Confluence Inv Mngmt Ltd Limited Liability Company owns 171,803 shs for 0.04% of their capital. San Francisco Sentry Invest Grp Inc (Ca) reported 0% in PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT). Stratos Wealth Limited has 0% invested in PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT). Shelton Capital Mngmt holds 69,000 shs or 0.06% of its capital. Punch & Mgmt Inc owns 791,644 shs. Silver Cap Mgmt Ltd accumulated 15,592 shs or 3.91% of the stock. 4,879 are held by Peak6 L P. Moreover, Jpmorgan Chase Com has 0% invested in PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) for 29,191 shs. Cue Finance Gp reported 152,029 shs stake. Deutsche Retail Bank Ag stated it has 1,512 shs or 0% of all its holdings. California Public Employees Retirement Sys has invested 0% in PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT). Hightower Advisors Ltd Liability Corporation has invested 0.01% in PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT). Ares Limited Liability Co holds 0.24% or 580,236 shs in its capital. Blackrock Incorporated holds 212,351 shs. Stifel Fincl invested in 255,913 shs.

PennantPark Floating Rate Capital Ltd. had 0 selling transactions and 6 buys since February 12, 2018. This’s net activity of $795,997. $127,300 worth of stock was bought by KATZ SAMUEL L on Tuesday, February 27.

PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) Ratings Coverage

In total 4 analysts cover Pennantpark Floating Rate (NASDAQ:PFLT). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. 6 are the (NASDAQ:PFLT)’s analyst reports since February 9, 2018 according to StockzIntelligence Inc. On Monday, February 12 the stock of PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) earned “Buy” rating by Maxim Group. In Friday, February 9 report SunTrust maintained it with “Buy” rating and $14.0 target. On Friday, May 11 the company was maintained by Maxim Group. On Monday, May 14 the firm earned “Neutral” rating by Ladenburg Thalmann. On Friday, February 9 Keefe Bruyette & Woods maintained PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) rating. Keefe Bruyette & Woods has “Buy” rating and $15.0 target. On Friday, February 9 the rating was maintained by Maxim Group with “Buy”. Listed here are PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) PTs and latest ratings.

11/05/2018 Broker: Maxim Group Rating: Buy New Target: $14.0000 Maintain
14/05/2018 Broker: Ladenburg Thalmann Old Rating: Buy New Rating: Neutral Downgrade
12/02/2018 Broker: Maxim Group Rating: Buy Old Target: $14.75 New Target: $14 Maintain
09/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $15.0 Maintain
09/02/2018 Broker: SunTrust Rating: Buy New Target: $14.0 Maintain
09/02/2018 Broker: Maxim Group Rating: Buy New Target: $14.0 Maintain

PFLT is touching $13.68 during the last trading session, after increased 0.33%.PennantPark Floating Rate Capital Ltd. has volume of 30,768 shares. Since June 27, 2017 PFLT has declined 4.43% and is downtrending. PFLT underperformed by 17.00% the S&P 500.

PennantPark Floating Rate Capital Ltd. is a business development company.The firm is valued at $530.21 million. It seeks to make secondary direct, debt, equity, and loan investments.12.76 is the P/E ratio. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies.

A couple more PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) news were announced by: Seekingalpha.com which released on May 30, 2018 “This 11.2% Yielding BDC Is Ready For Shareholder Activism”, also Seekingalpha.com on June 01, 2018 announced “TCG BDC Inc.: 9% Dividend Yield With Upside For Rising Interest Rates”, the next Nasdaq.com is “PennantPark Floating Rate Capital Ltd. Announces Change To The Operational Process For Non-US Stockholders …” on June 26, 2018. Nasdaq.com has article titled “PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share”.

PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) Institutional Investors Chart

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