Portland Investment Counsel Has Cut Its Holding in Ares Cap (ARCC) as Valuation Rose; Hilton Capital Management Has Boosted Its Holding in Enterprise Prods Partners L (EPD) as Share Price Rose

Enterprise Products Partners L.P. (NYSE:EPD) Logo

Hilton Capital Management Llc increased its stake in Enterprise Prods Partners L (EPD) by 2.71% based on its latest 2018Q4 regulatory filing with the SEC. Hilton Capital Management Llc bought 17,622 shares as the company’s stock rose 7.29% with the market. The hedge fund held 666,730 shares of the natural gas distribution company at the end of 2018Q4, valued at $16.40 million, up from 649,108 at the end of the previous reported quarter. Hilton Capital Management Llc who had been investing in Enterprise Prods Partners L for a number of months, seems to be bullish on the $64.45 billion market cap company. The stock increased 0.58% or $0.17 during the last trading session, reaching $29.5. About 3.21M shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has risen 12.73% since April 14, 2018 and is uptrending. It has outperformed by 8.36% the S&P500. Some Historical EPD News: 18/04/2018 – Enterprise Receives Top Honors for Safety; 04/05/2018 – Enterprise Products Partners to Participate in Investor Conferences; 08/05/2018 – East Daley: Enterprise Products Partners Crushes Expectations, Exemplifies Health of the U.S. Oil and Gas Midstream Sector; 25/04/2018 – Enterprise Products Bond Trading 2x Average; Clients Net Buyers; 29/05/2018 – Enterprise Pdts Partners: Construction Under Way on 50/50 JV Ethylene Export Terminal at Morgan’s Point; 30/05/2018 – Industrial Info Tracks More Than $1 Billion in U.S. Ethylene, Ethane Export Terminal Projects, an Industrial Info News Alert; 14/03/2018 – Monaco Joins the Enterprise Ethereum Alliance; 11/04/2018 – ENTERPRISE PRODUCTS PARTNERS – PURCHASED 65-ACRE WATERFRONT SITE ON HOUSTON SHIP CHANNEL FOR NEXT PHASE OF EXPANSION AT ENTERPRISE HYDROCARBON TERMINAL; 06/04/2018 – Enterprise Products Partners to Participate in Mizuho Energy Summit Conference; 26/04/2018 – Enterprise Products tests supertanker capability for crude exports

Portland Investment Counsel Inc decreased its stake in Ares Cap Corp (ARCC) by 33.84% based on its latest 2018Q4 regulatory filing with the SEC. Portland Investment Counsel Inc sold 37,975 shares as the company’s stock rose 2.17% with the market. The institutional investor held 74,236 shares of the company at the end of 2018Q4, valued at $1.16 million, down from 112,211 at the end of the previous reported quarter. Portland Investment Counsel Inc who had been investing in Ares Cap Corp for a number of months, seems to be less bullish one the $7.40 billion market cap company. It closed at $17.35 lastly. It is down 11.35% since April 14, 2018 and is uptrending. It has outperformed by 6.98% the S&P500. Some Historical ARCC News: 06/03/2018 – Curetis subsidiary Ares Genetics wins incubator stay in Silicon Valley; 04/05/2018 – REG-Oaktree Oaktree Releases an Open Letter to Ranger Shareholders following Proposal from RDL Board to Appoint Ares as Investment Manager; 08/03/2018 – Moody’s Assigns Provisional Ratings To Six Classes Of Notes To Be Issued By Ares Xlvii Clo Ltd; 13/03/2018 – S&PGR Assigns Ares XXXVIII CLO Ltd. Ratings; 16/04/2018 – Moody’s Assigns Ratings To Six Classes Of Notes Issued By Ares Xlvii Clo Ltd; 02/05/2018 – Ares Capital Corporation Declares Second Quarter 2018 Dividend of $0.38 Per Share and Announces March 31, 2018 Financial; 02/05/2018 – ARES CAPITAL 1Q CORE EPS 39C, EST. 38C; 17/04/2018 – BDCs move to boost leverage; 14/05/2018 – Ares Management LLC Exits Position in Inspired Entertainment; 21/03/2018 – Apollo to Ares Get a Surprise Win in $1.3 Trillion Spending Bill

Portland Investment Counsel Inc, which manages about $130.15M US Long portfolio, upped its stake in Citigroup Inc (NYSE:C) by 343,300 shares to 353,412 shares, valued at $18.40 million in 2018Q4, according to the filing. It also increased its holding in Goldman Sachs Group Inc (NYSE:GS) by 88,700 shares in the quarter, for a total of 89,700 shares, and has risen its stake in Toronto Dominion Bk Ont (NYSE:TD).

Since October 22, 2018, it had 7 insider purchases, and 1 insider sale for $720,244 activity. Another trade for 50,000 shares valued at $801,000 was made by deVeer R. Kipp on Friday, December 14. ROLL PENELOPE F sold $100,560 worth of stock.

Investors sentiment decreased to 1.06 in Q4 2018. Its down 0.12, from 1.18 in 2018Q3. It dived, 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. 229,587 were accumulated by Bluemountain Cap Mgmt. Calamos Advisors Ltd Liability accumulated 0% or 16,000 shares. Optimum Inv Advsr reported 86,746 shares. Asset Mgmt Incorporated reported 0.4% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Moody Fincl Bank Tru Division stated it has 0.01% in Ares Capital Corporation (NASDAQ:ARCC). Sector Pension Investment Board invested in 151,955 shares. Investec Asset Limited holds 0.09% in Ares Capital Corporation (NASDAQ:ARCC) or 1.34 million shares. Bbr Limited Liability Corporation holds 0.27% or 133,641 shares in its portfolio. Webster National Bank & Trust N A holds 0% or 1,374 shares. 146 were accumulated by Cwm Ltd Llc. Ameriprise Financial has 0.02% invested in Ares Capital Corporation (NASDAQ:ARCC). Freestone Cap Holdg reported 50,632 shares. Delphi Ma stated it has 1.81% in Ares Capital Corporation (NASDAQ:ARCC). Wellington Mngmt Gru Llp reported 0% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Dnb Asset Mgmt As stated it has 119,145 shares or 0% of all its holdings.

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 10.33 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.

More notable recent Ares Capital Corporation (NASDAQ:ARCC) news were published by: Zacks.com which released: “Ares Capital (ARCC) Gains But Lags Market: What You Should Know – Zacks.com” on March 29, 2019, also Businesswire.com with their article: “Fortistar Acquires Two Renewable Natural Gas (RNG) Facilities in Pennsylvania – Business Wire” published on April 02, 2019, Seekingalpha.com published: “Ares Capital: A 10.2% Yield At An Attractive Valuation – Seeking Alpha” on December 19, 2018. More interesting news about Ares Capital Corporation (NASDAQ:ARCC) were released by: Nasdaq.com and their article: “Ares Capital (ARCC) Earnings Expected to Grow: Should You Buy? – Nasdaq” published on February 05, 2019 as well as Nasdaq.com‘s news article titled: “Can Ares Capital (ARCC) Keep the Earnings Surprise Streak Alive? – Nasdaq” with publication date: April 01, 2019.

Hilton Capital Management Llc, which manages about $589.79M and $559.44M US Long portfolio, decreased its stake in Invesco Dynamic Cr Opp Fd (VTA) by 1.09 million shares to 923,556 shares, valued at $9.49 million in 2018Q4, according to the filing. It also reduced its holding in Host Hotels & Resorts Inc (NYSE:HST) by 45,503 shares in the quarter, leaving it with 893,387 shares, and cut its stake in Alphabet Inc.

Since November 5, 2018, it had 4 insider buys, and 1 sale for $328,225 activity. 10,000 shares were bought by TEAGUE AJ, worth $246,100. Shares for $261,900 were bought by FOWLER W RANDALL. 25,000 shares valued at $673,375 were sold by HACKETT JAMES T on Monday, November 5.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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