Solar Capital Ltd (NASDAQ:SLRC) Moves On Oppenheimer Initiation. How Much Are Shares Worth?

Investors sentiment increased to 1.17 in 2018 Q2. Its up 0.12, from 1.05 in 2018Q1. It is positive, as 6 investors sold Solar Capital Ltd. shares while 29 reduced holdings. 13 funds opened positions while 28 raised stakes. 23.54 million shares or 0.16% more from 23.50 million shares in 2018Q1 were reported.

Fifth Third Natl Bank holds 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 214 shares. Moreover, Us Bancshares De has 0% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 1,465 shares. Tower Research Cap Ltd Liability Corp (Trc) reported 1,111 shares stake. California Employees Retirement Systems accumulated 0% or 17,415 shares. Sigma Planning Corporation reported 0.02% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Green Square Capital Ltd reported 18,667 shares. Global X Mgmt Ltd reported 12,835 shares or 0% of all its holdings. Bancorp Of America De holds 21,297 shares or 0% of its portfolio. Wasatch Advsrs Incorporated stated it has 0.01% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Texas Yale Cap Corp holds 13,500 shares. Hillsdale Mgmt invested 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Aristotle Boston Limited Company stated it has 0.84% in Solar Capital Ltd. (NASDAQ:SLRC). 144 were accumulated by Panagora Asset Management. Cetera Advsrs Limited Liability Co owns 22,600 shares. Axa owns 0.01% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 146,200 shares.

Why Has Oppenheimer Given Solar Capital Ltd (NASDAQ:SLRC) a $23.0000 Price Target

Oppenheimer has started its coverage for Solar Capital Ltd (NASDAQ:SLRC), this morning Wednesday morning. The broker found the stock of SLRC quite attractive and now has a TP of $23.0000 with a key “Buy” rating.

Solar Capital Ltd. (NASDAQ:SLRC) Ratings Coverage

Among 2 analysts covering Solar Capital (NASDAQ:SLRC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Solar Capital had 2 analyst reports since October 4, 2018 according to SRatingsIntel. On Thursday, October 4 the stock rating was downgraded by Wells Fargo to “Market Perform”.

The stock decreased 0.28% or $0.06 during the last trading session, reaching $21.19. About 101,059 shares traded or 24.91% up from the average. Solar Capital Ltd. (NASDAQ:SLRC) has risen 4.16% since December 2, 2017 and is uptrending. It has underperformed by 11.46% the S&P500.

Solar Capital Ltd. is a business development firm specializing in secured debt , subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The company has market cap of $895.51 million. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; gas and oil; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It has a 12.62 P/E ratio. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools.

More notable recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Prnewswire.com which released: “Solar Capital Partners Closes On $750+ Million Of Commitments To Private Credit Funds – PR Newswire” on October 18, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For October 4, 2018 – Benzinga” published on October 04, 2018, Globenewswire.com published: “Solar Capital Ltd. Announces Amendment to Its Credit Facility – GlobeNewswire” on November 27, 2018. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) were released by: Nasdaq.com and their article: “Solar Capital Ltd. (SLRC) Ex-Dividend Date Scheduled for June 20, 2018 – Nasdaq” published on June 19, 2018 as well as Globenewswire.com‘s news article titled: “Solar Capital Ltd. Announces Quarter Ended March 31, 2018 Financial Results; Net Investment Income Per Share of $0.45; Declares Quarterly Distribution of $0.41 Per Share for Q2, 2018 – GlobeNewswire” with publication date: May 07, 2018.

Solar Capital Ltd. (NASDAQ:SLRC) Institutional Positions Chart

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