Ares Cap (ARCC) Shareholder Silver Capital Management Boosted Stake; Altfest L J & Company Increased Holding in Intel (INTC) by $620,678 as Stock Value Rose

May 23, 2018 - By Michael Collier

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Bruce Silver increased its stake in Ares Cap Corp (ARCC) by 51.17% based on its latest 2017Q4 regulatory filing with the SEC. Silver Capital Management Llc bought 26,260 shares as the company’s stock rose 0.32% while stock markets declined. The hedge fund run by Bruce Silver held 77,580 shares of the company at the end of 2017Q4, valued at $1.22 million, up from 51,320 at the end of the previous reported quarter. Silver Capital Management Llc who had been investing in Ares Cap Corp for a number of months, seems to be bullish on the $7.14B market cap company. The stock increased 0.36% or $0.06 during the last trading session, reaching $16.74. About 351,735 shares traded. Ares Capital Corporation (NASDAQ:ARCC) has declined 8.33% since May 23, 2017 and is downtrending. It has underperformed by 19.88% the S&P500.

Altfest L J & Company Inc increased its stake in Intel Corp (INTC) by 28.84% based on its latest 2017Q4 regulatory filing with the SEC. Altfest L J & Company Inc bought 13,493 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 60,281 shares of the semiconductors company at the end of 2017Q4, valued at $2.78 million, up from 46,788 at the end of the previous reported quarter. Altfest L J & Company Inc who had been investing in Intel Corp for a number of months, seems to be bullish on the $254.93B market cap company. The stock increased 0.47% or $0.255 during the last trading session, reaching $54.705. About 4.33M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 23, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

More notable recent Ares Capital Corporation (NASDAQ:ARCC) news were published by: Seekingalpha.com which released: “These BDCs Will Surprise You As Interest Rates Increase” on April 27, 2018, also Seekingalpha.com with their article: “Ares Capital’s (ARCC) CEO Kipp deVeer on Q1 2018 Results – Earnings Call Transcript” published on May 02, 2018, Seekingalpha.com published: “Ares Capital 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018. More interesting news about Ares Capital Corporation (NASDAQ:ARCC) were released by: Globenewswire.com and their article: “Recent Analysis Shows Ares Capital, The Middleby, Cardtronics, NOW, Coca-Cola European Partners, and News …” published on May 11, 2018 as well as Investorplace.com‘s news article titled: “7 High-Yield ETFs to Help You Diversify Your Basket” with publication date: May 22, 2018.

Silver Capital Management Llc, which manages about $171.60M and $27.80M US Long portfolio, decreased its stake in Spartan Mtrs Inc (NASDAQ:SPAR) by 70,842 shares to 53,267 shares, valued at $838,000 in 2017Q4, according to the filing.

Among 18 analysts covering Ares Capital (NASDAQ:ARCC), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Ares Capital had 27 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Buy” rating given on Wednesday, September 30 by DA Davidson. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Outperform” rating by Macquarie Research on Thursday, October 1. Jefferies maintained Ares Capital Corporation (NASDAQ:ARCC) rating on Tuesday, August 15. Jefferies has “Buy” rating and $19.5 target. The company was initiated on Tuesday, June 28 by National Securities. The stock has “Buy” rating by Jefferies on Thursday, November 2. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Sunday, July 23 report. As per Friday, August 28, the company rating was upgraded by Raymond James. The firm earned “Overweight” rating on Wednesday, April 11 by JP Morgan. On Wednesday, May 31 the stock rating was maintained by BMO Capital Markets with “Hold”. JMP Securities maintained the shares of ARCC in report on Tuesday, August 9 with “Market Outperform” rating.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.04, from 0.96 in 2017Q3. It fall, as 55 investors sold ARCC shares while 108 reduced holdings. 40 funds opened positions while 110 raised stakes. 156.46 million shares or 3.16% less from 161.57 million shares in 2017Q3 were reported. Tcw Gp owns 355,957 shares or 0.05% of their US portfolio. Huntington National Bank has invested 0% in Ares Capital Corporation (NASDAQ:ARCC). 5,910 are owned by West Oak Capital Llc. Sei Investments accumulated 1,775 shares or 0% of the stock. Tegean Ltd, a New York-based fund reported 1.30 million shares. Rfg Advisory Grp Lc reported 27,288 shares or 0.2% of all its holdings. Verition Fund Lc has invested 0.05% in Ares Capital Corporation (NASDAQ:ARCC). Golden Gate Private Equity Inc accumulated 369,600 shares. Silver Cap Ltd Liability Com accumulated 77,580 shares. Spectrum Management Gru invested 0% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Hudock Capital Gru Ltd Liability Corp has 6,900 shares for 0.05% of their portfolio. Bluemountain Management Ltd Liability Corp invested in 0.02% or 75,530 shares. Windsor Capital Management Limited Liability has invested 0.01% in Ares Capital Corporation (NASDAQ:ARCC). Mckinley Mngmt Limited Com Delaware stated it has 539,500 shares. M&T Natl Bank Corporation owns 106,346 shares or 0.01% of their US portfolio.

Since January 23, 2018, it had 6 insider buys, and 0 selling transactions for $450,246 activity. ROLL PENELOPE F had bought 3,000 shares worth $47,430. 25,000 Ares Capital Corporation (NASDAQ:ARCC) shares with value of $390,000 were bought by Arougheti Michael J.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.01, from 1.03 in 2017Q3. It fall, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Allstate holds 0.01% in Intel Corporation (NASDAQ:INTC) or 4,359 shares. Sound Shore Mngmt Ct invested in 3.70M shares or 2.6% of the stock. Checchi Advisers stated it has 0.33% in Intel Corporation (NASDAQ:INTC). Gould Asset Management Ltd Liability Co Ca owns 7,903 shares. Quantitative Investment Mgmt Limited Liability stated it has 0.84% of its portfolio in Intel Corporation (NASDAQ:INTC). New York-based Cibc World Mkts Corp has invested 0.57% in Intel Corporation (NASDAQ:INTC). Wheatland reported 56,749 shares. Amica Pension Fund Board Of Trustees has invested 0.81% in Intel Corporation (NASDAQ:INTC). 1.52 million are owned by Kbc Gru Nv. Cullen Frost Bankers reported 221,872 shares. Amer Insurance Tx holds 0.93% of its portfolio in Intel Corporation (NASDAQ:INTC) for 400,280 shares. Brown Brothers Harriman Co has invested 0.03% of its portfolio in Intel Corporation (NASDAQ:INTC). Seaward Mgmt Partnership invested in 178,846 shares. 315,529 were reported by Kanawha Cap Mgmt Limited Liability Corp. 140,576 were accumulated by Westwood Holdings Grp Inc.

Since January 22, 2018, it had 0 insider purchases, and 21 sales for $11.14 million activity. Shares for $3.62 million were sold by Krzanich Brian M. 35,693 Intel Corporation (NASDAQ:INTC) shares with value of $1.89 million were sold by BRYANT ANDY D. The insider McBride Kevin Thomas sold $31,943. RENDUCHINTALA VENKATA S M also sold $66,959 worth of Intel Corporation (NASDAQ:INTC) shares. 25,000 shares were sold by YOFFIE DAVID B, worth $1.33M. $1.07 million worth of stock was sold by HUNDT REED E on Tuesday, May 8.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 264 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Intel Corporation (NASDAQ:INTC) earned “Sector Perform” rating by RBC Capital Markets on Friday, August 28. Mizuho maintained the shares of INTC in report on Thursday, July 21 with “Buy” rating. The rating was maintained by Argus Research with “Buy” on Monday, September 19. The stock has “Neutral” rating by Citigroup on Monday, August 24. M Partners maintained it with “Buy” rating and $40 target in Monday, August 24 report. On Tuesday, May 17 the stock rating was initiated by CLSA with “Underperform”. The stock has “Buy” rating by Mizuho on Tuesday, January 12. RBC Capital Markets maintained Intel Corporation (NASDAQ:INTC) on Tuesday, October 13 with “Sector Perform” rating. The rating was downgraded by BNP Paribas on Monday, April 4 to “Neutral”. Raymond James maintained the shares of INTC in report on Wednesday, July 12 with “Sell” rating.

Altfest L J & Company Inc, which manages about $263.36 million US Long portfolio, decreased its stake in Toyota Motor Corp. Adr (NYSE:TM) by 5,043 shares to 2,509 shares, valued at $319,000 in 2017Q4, according to the filing. It also reduced its holding in Morgan Stanley China A Share Fund (CAF) by 23,759 shares in the quarter, leaving it with 10,829 shares, and cut its stake in Exxon Mobil Corporation (NYSE:XOM).

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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