TCP Capital Corp. (TCPC) EPS Estimated At $0.40

October 13, 2018 - By Richard Conner

Investors sentiment increased to 1.36 in 2018 Q2. Its up 0.57, from 0.79 in 2018Q1. It is positive, as 6 investors sold TCP Capital Corp. shares while 27 reduced holdings. 12 funds opened positions while 33 raised stakes. 23.90 million shares or 8.33% less from 26.07 million shares in 2018Q1 were reported.
Quantitative Systematic Strategies Ltd Llc accumulated 29,276 shares or 0.08% of the stock. Moreover, Tower Rech Cap (Trc) has 0% invested in TCP Capital Corp. (NASDAQ:TCPC) for 375 shares. The Florida-based Raymond James has invested 0% in TCP Capital Corp. (NASDAQ:TCPC). Clearbridge Investments owns 1.15M shares. Blackrock has invested 0% in TCP Capital Corp. (NASDAQ:TCPC). Citigroup accumulated 2,959 shares or 0% of the stock. Vaughan Nelson Investment Mgmt Lp reported 0.51% stake. 250 are owned by Hudock Capital Group Limited Com. Westwood Hldgs Gp Inc holds 0% or 4,300 shares. Morgan Stanley reported 0% stake. Van Eck Assocs holds 0.02% or 362,437 shares. Royal Retail Bank Of Canada accumulated 40,911 shares. Gsa Ptnrs Llp holds 0.11% or 153,386 shares. Mckinley Capital Mngmt Ltd Company Delaware invested 0.19% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC). 385,448 were reported by Neuberger Berman Group Ltd Liability Corp.

Analysts expect TCP Capital Corp. (NASDAQ:TCPC) to report $0.40 EPS on November, 6.They anticipate $0.02 EPS change or 5.26 % from last quarter’s $0.38 EPS. TCPC’s profit would be $23.52M giving it 8.71 P/E if the $0.40 EPS is correct. After having $0.41 EPS previously, TCP Capital Corp.’s analysts see -2.44 % EPS growth. It closed at $13.93 lastly. It is up 10.62% since October 14, 2017 and is downtrending. It has underperformed by 26.24% the S&P500.

TCP Capital Corp. (NASDAQ:TCPC) Ratings Coverage

Among 2 analysts covering TCP Capital (NASDAQ:TCPC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TCP Capital had 2 analyst reports since August 28, 2018 according to SRatingsIntel. The rating was maintained by JMP Securities on Tuesday, August 28 with “Market Outperform”. The stock of TCP Capital Corp. (NASDAQ:TCPC) earned “Outperform” rating by Wells Fargo on Thursday, October 4.

BlackRock TCP Capital Corp. is a business development firm specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. The company has market cap of $819.17 million. It seeks to invest in the United States. It has a 8.6 P/E ratio. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million.

Another recent and important TCP Capital Corp. (NASDAQ:TCPC) news was published by Prnewswire.com which published an article titled: “BlackRock TCP Capital Corp. Schedules Earnings Release and Conference Call for the Third Quarter Ended …” on October 12, 2018.

TCP Capital Corp. (NASDAQ:TCPC) Institutional Positions Chart

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