Steelhead Partners Decreased Ares Cap (ARCC) Stake by $1.17 Million as Share Value Rose; As Schlumberger LTD (SLB) Share Price Declined, Benin Management Has Trimmed Its Holding

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Steelhead Partners Llc decreased its stake in Ares Cap Corp (ARCC) by 78.97% based on its latest 2018Q4 regulatory filing with the SEC. Steelhead Partners Llc sold 78,183 shares as the company’s stock rose 2.17% with the market. The hedge fund held 20,817 shares of the company at the end of 2018Q4, valued at $324,000, down from 99,000 at the end of the previous reported quarter. Steelhead Partners Llc who had been investing in Ares Cap Corp for a number of months, seems to be less bullish one the $7.44 billion market cap company. The stock increased 0.52% or $0.09 during the last trading session, reaching $17.46. About 2.10 million shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 11.35% since March 5, 2018 and is uptrending. It has outperformed by 6.98% the S&P500. Some Historical ARCC News: 13/03/2018 – Moody’s Assigns Ratings To Seven Classes Of Clo Refinancing Notes Issued By Ares Xxxviii Clo Ltd; 24/05/2018 – Ares Capital Presenting at Deutsche Bank Conference May 30; 06/03/2018 – Curetis subsidiary Ares Genetics wins incubator stay in Silicon Valley; 06/03/2018 – S&PGR Asgns Ares XLVII CLO Ltd. Nts Prelim Rtg; 23/03/2018 – BDCs win leverage cap increase after US$1.3trn budget signed; 22/03/2018 – Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc; 02/04/2018 – ARCC TO DISCUSS PLAN FOR IMPLEMENTATION OF BDC LAW WITH BOARD; 02/05/2018 – ARES CAPITAL 1Q TOTAL ASSETS $12.69B; 02/04/2018 – Ares Capital Corporation Intends to Recommend Proceeding with Financing Flexibility Provided for in New BDC Law; 08/05/2018 – S&PGR Assigns Ares XXXIR CLO Ltd. Notes Prelim Ratings

Benin Management Corp decreased its stake in Schlumberger Ltd (SLB) by 35.28% based on its latest 2018Q4 regulatory filing with the SEC. Benin Management Corp sold 45,100 shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 82,748 shares of the oilfield services and equipment company at the end of 2018Q4, valued at $2.99M, down from 127,848 at the end of the previous reported quarter. Benin Management Corp who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $62.70 billion market cap company. The stock increased 0.11% or $0.05 during the last trading session, reaching $45.24. About 6.95M shares traded. Schlumberger Limited (NYSE:SLB) has declined 30.63% since March 5, 2018 and is downtrending. It has underperformed by 35.00% the S&P500. Some Historical SLB News: 16/05/2018 – SCL: Schlumberger Limited: Half-year Report; 20/04/2018 – SCHLUMBERGER – REMAINS OPTIMISTIC ABOUT OUTLOOK FOR SUSTAINABLE ACTIVITY GROWTH IN CO’S GLOBAL BUSINESS OVER THE COURSE OF 2018 AND INTO 2019; 28/04/2018 – RUSSIAN GOVT RECOMMENDS SCHLUMBERGER BUYING 25% EDC STAKE: TASS; 21/05/2018 – RDIF IN CONSULTATIONS W/ SCHLUMBERGER ON EURASIA DRILLING: TASS; 16/04/2018 – Schlumberger fights to boost patent damages at U.S. Supreme Court; 31/05/2018 – OPHIR ENERGY SAYS NOTES ANNOUNCEMENT BY GOLAR LNG PARTNERS’ REGARDING DISSOLUTION OF ITS ONELNG JOINT VENTURE WITH SCHLUMBERGER; 06/03/2018 – SCHLUMBERGER CEO PAAL KIBSGAARD SPEAKS AT CERA WEEK; 03/04/2018 – Statoil awards $1.5 bln drilling contracts, favours Archer; 27/03/2018 – SAUDIS, SCHLUMBERGER ANNOUNCE DOWNHOLE SERVICES AGREEMENT; 19/04/2018 – RUSSIA TO DISCUSS 4 OPTIONS FOR SCHLUMBERGER, EDC DEAL: RIA

Investors sentiment decreased to 0.49 in 2018 Q4. Its down 0.48, from 0.97 in 2018Q3. It worsened, as 205 investors sold SLB shares while 587 reduced holdings. 107 funds opened positions while 278 raised stakes. 1.04 billion shares or 1.72% more from 1.02 billion shares in 2018Q3 were reported. Alliancebernstein LP has invested 0.09% in Schlumberger Limited (NYSE:SLB). Hartford Fincl Management reported 2,519 shares. Private Advisor Gp Lc accumulated 0.02% or 23,059 shares. 1.18M are held by Natixis. Hemenway Tru Co Ltd Liability Company holds 28,650 shares or 0.21% of its portfolio. City has invested 0.14% in Schlumberger Limited (NYSE:SLB). Flippin Bruce And Porter holds 1.2% or 169,252 shares in its portfolio. Peddock Capital Advsrs Ltd Com has invested 0.05% in Schlumberger Limited (NYSE:SLB). United Capital Advisers Ltd Liability Corporation stated it has 0.08% in Schlumberger Limited (NYSE:SLB). Mirae Asset Global owns 86,194 shares or 0.03% of their US portfolio. Voloridge Inv Lc has invested 1.23% of its portfolio in Schlumberger Limited (NYSE:SLB). Nikko Asset Mngmt Americas has invested 0.58% in Schlumberger Limited (NYSE:SLB). Guggenheim Ltd accumulated 145,996 shares. Canandaigua Bancorporation & Co invested in 0.37% or 48,282 shares. Wellington Shields & Communication Limited Liability Corporation invested in 0.19% or 9,400 shares.

Since September 6, 2018, it had 1 buy, and 2 insider sales for $3.68 million activity. Schorn Patrick also bought $375,500 worth of Schlumberger Limited (NYSE:SLB) shares. Another trade for 8,000 shares valued at $482,480 was bought by MARKS MICHAEL E. Another trade for 60,000 shares valued at $3.40M was made by AYAT SIMON on Monday, September 24.

More recent Schlumberger Limited (NYSE:SLB) news were published by: Globenewswire.com which released: “Research Report Identifies Johnson & Johnson, Schlumberger, Karyopharm Therapeutics, WYNDHAM DESTINATIONS, INC, ASGN, and Suburban Propane Partners with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” on February 21, 2019. Also Seekingalpha.com published the news titled: “Schlumberger names company vet Le Peuch as new COO – Seeking Alpha” on February 08, 2019. Seekingalpha.com‘s news article titled: “Rockwell Automation, Schlumberger form digital oilfield automation JV – Seeking Alpha” with publication date: February 19, 2019 was also an interesting one.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 18 before the open. They expect $0.30 EPS, down 21.05% or $0.08 from last year’s $0.38 per share. SLB’s profit will be $415.79 million for 37.70 P/E if the $0.30 EPS becomes a reality. After $0.36 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Analysts await Ares Capital Corporation (NASDAQ:ARCC) to report earnings on May, 1. They expect $0.42 earnings per share, up 7.69% or $0.03 from last year’s $0.39 per share. ARCC’s profit will be $179.04M for 10.39 P/E if the $0.42 EPS becomes a reality. After $0.45 actual earnings per share reported by Ares Capital Corporation for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Investors sentiment decreased to 1.06 in Q4 2018. Its down 0.12, from 1.18 in 2018Q3. It dropped, as 30 investors sold ARCC shares while 115 reduced holdings. 49 funds opened positions while 105 raised stakes. 152.67 million shares or 0.60% more from 151.76 million shares in 2018Q3 were reported. Boston Prtn holds 365,024 shares or 0.01% of its portfolio. 694,641 are owned by First Republic Inv. Brown Advisory owns 1.91M shares. Douglass Winthrop Advisors Ltd Liability Corporation holds 0.01% or 18,000 shares in its portfolio. Pekin Singer Strauss Asset Mgmt Il reported 0.24% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Prtn Group Holdings Ag holds 3.03% or 1.35 million shares. Barclays Plc has invested 0% in Ares Capital Corporation (NASDAQ:ARCC). Comerica Bankshares stated it has 0.02% in Ares Capital Corporation (NASDAQ:ARCC). Roosevelt Invest Group Inc stated it has 0.06% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Ins Communication Tx invested in 0.01% or 16,200 shares. 2,330 were accumulated by Brown Brothers Harriman Company. Us Bank De holds 0% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 65,280 shares. Allen Mgmt Ltd Liability Corporation owns 214,581 shares. Hudock Group has 6,900 shares for 0.04% of their portfolio. Golden Gate Private Equity holds 3.09% or 479,000 shares.

Since September 12, 2018, it had 8 insider buys, and 1 sale for $841,237 activity. 6,000 Ares Capital Corporation (NASDAQ:ARCC) shares with value of $100,560 were sold by ROLL PENELOPE F. $801,000 worth of stock was bought by deVeer R. Kipp on Friday, December 14. 6,990 shares were bought by SIEGEL ERIC B, worth $120,947 on Wednesday, September 12.

More notable recent Ares Capital Corporation (NASDAQ:ARCC) news were published by: Nasdaq.com which released: “What’s in Store for Prospect Capital (PSEC) in Q2 Earnings? – Nasdaq” on February 05, 2019, also Nasdaq.com with their article: “Ares Capital (ARCC) Earnings Expected to Grow: Should You Buy? – Nasdaq” published on February 05, 2019, Nasdaq.com published: “Ares Capital Corporation (ARCC) Ex-Dividend Date Scheduled for December 13, 2018 – Nasdaq” on December 12, 2018. More interesting news about Ares Capital Corporation (NASDAQ:ARCC) were released by: Nasdaq.com and their article: “Pre-Market Earnings Report for February 12, 2019 : FIS, WELL, WEC, OMC, SHOP, TAP, MLM, STE, NNN, USFD, IPGP, ARCC – Nasdaq” published on February 11, 2019 as well as Seekingalpha.com‘s news article titled: “Ares Capital 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: February 12, 2019.

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