PNC Financial Services Group Inc. boosted its stake in shares of Pennantpark Floating Rate Capital by 3.7% in the first quarter. Sankaty Advisors Llc who had been investing in Pioneer Floating Rate Tr for a number of months, seems to be less bullish one the $295.13M market cap company. The stock declined 1.50% or $0.29 reaching $19.09 on the news. It has underperformed by 12.37% the S&P500.
Ariel Capital Advisors Llc increased its stake in Amerisourcebergen Corp (ABC) by 109.85% based on its latest 2016Q4 regulatory filing with the SEC. Zazove Assocs Limited Liability reported 47,798 shares. The Company's investment objectives are to generate current income and capital appreciation by investing primarily in floating rate loans and other investments made to the United States middle-market companies. The stock had a trading volume of 6,759 shares. About shares traded. AmerisourceBergen Corp.
It is down 4.33% since June 8, 2016 and is uptrending. It has outperformed by 18.44% the S&P500. Its down 0.14, from 0.94 in 2016Q3. It is positive, as 5 investors sold Fifth Street Senior Floating Rate Corp shares while 9 reduced holdings.
Yakira Capital Management Inc. raised its stake in Pennantpark Floating Rate Capital Ltd (NASDAQ:PFLT) by 16.7% during the first quarter, according to its most recent Form 13F filing with the SEC. Nuveen Asset Mgmt Limited Liability Com reported 122,036 shares. Sprague Resources LP (SRLP) has risen 13.18% since June 8, 2016 and is uptrending. Cohen & Steers has invested 0.01% of its portfolio in Pioneer Floating Rate Trust (NYSE:PHD). 49,503 were reported by Credit Suisse Ag. West Oak Cap Ltd accumulated 1,000 shares. The institutional investor held 407,813 shares of the company at the end of 2016Q4, valued at $4.85M, down from 530,575 at the end of the previous reported quarter. Horizon Kinetics Limited Co owns 26,588 shares. Relative Value Partners Group LLC now owns 231,642 shares of the asset manager's stock valued at $3,218,000 after buying an additional 44,492 shares during the last quarter. Millennium Management Limited Company invested in 0% or 36,867 shares.
Press coverage about American Capital Senior Floating (NASDAQ:ACSF) has trended somewhat negative recently, Alpha One Sentiment reports. The asset manager reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. Raymond James & owns 0% invested in Pioneer Floating Rate Trust (NYSE:PHD) for 13,093 shares. The stock has "Equal-Weight" rating by Morgan Stanley on Tuesday, February 21.
Another recent and important Pioneer Floating Rate Trust (NYSE:PHD) news was published by Seekingalpha.com which published an article titled: "This Floating-Rate CEF Should Benefit From Rising Interest Rates" on June 06, 2017. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Therefore 0 are positive. They issued a "buy" rating and a $15.00 price target for the company. The company was maintained on Wednesday, November 18 by Mizuho. The firm earned "Buy" rating on Monday, June 13 by Deutsche Bank. On average, equities research analysts forecast that American Capital Senior Floating Ltd will post $1.17 earnings per share for the current year. Yorktown Mgmt & Rech reported 222,451 shares. The firm has "Outperform" rating by Cowen & Co given on Friday, October 28. Pennantpark Floating Rate Capital has an average rating of "Buy" and an average price target of $14.79. The stock of Colfax Corp (NYSE:CFX) earned "Buy" rating by BB&T Capital on Tuesday, May 17. Maxim Group has "Buy" rating and $9 target.