Asta Funding, Inc. (ASFI) Reaches $11.18 52-Week High; Fidus Investment (FDUS) Has 1.4 Sentiment

February 15, 2018 - By Neil V. Hobbs

The stock of Asta Funding, Inc. (NASDAQ:ASFI) hit a new 52-week high and has $11.96 target or 7.00% above today’s $11.18 share price. The 6 months bullish chart indicates low risk for the $74.02 million company. The 1-year high was reported on Feb, 15 by If the $11.96 price target is reached, the company will be worth $5.18M more. The stock increased 0.22% or $0.03 during the last trading session, reaching $11.18. About 21,527 shares traded or 5.97% up from the average. Asta Funding, Inc. (NASDAQ:ASFI) has declined 32.37% since February 15, 2017 and is downtrending. It has underperformed by 49.07% the S&P500.

The stock decreased 0.36% or $0.05 during the last trading session, reaching $13.75. About 20,378 shares traded. Fidus Investment Corporation (FDUS) has risen 12.11% since February 15, 2017 and is uptrending. It has underperformed by 4.59% the S&P500.

Asta Funding, Inc., together with its subsidiaries, engages in the consumer receivable business in the United States. The company has market cap of $74.02 million. The firm operates through four divisions: Consumer Receivables, Personal Injury Claims, Structured Settlements, and GAR Disability Advocacy. It currently has negative earnings. The Consumer Receivables segment involved in the purchase, management, and servicing distressed consumer receivables, including charged-off receivables consisting of accounts that have been written-off by the originators and might have been previously serviced by collection agencies; semi-performing receivables, including accounts where the debtor is currently making partial or irregular monthly payments, but the accounts might have been written-off by the originators; and performing receivables comprising accounts where the debtor is making regular monthly payments that might or might not have been delinquent in the past.

Investors sentiment decreased to 0.83 in Q3 2017. Its down 0.03, from 0.86 in 2017Q2. It dropped, as 3 investors sold Asta Funding, Inc. shares while 3 reduced holdings. 2 funds opened positions while 3 raised stakes. 1.10 million shares or 2.56% less from 1.13 million shares in 2017Q2 were reported. Northern reported 14,466 shares stake. Manufacturers Life The has 1,067 shares for 0% of their portfolio. Nationwide Fund invested in 0% or 267 shares. Royal Natl Bank Of Canada has invested 0% in Asta Funding, Inc. (NASDAQ:ASFI). Dimensional Fund Advsr Lp owns 91,775 shares. Geode Capital Mgmt Limited Liability Co holds 0% of its portfolio in Asta Funding, Inc. (NASDAQ:ASFI) for 42,891 shares. Bankshares Of America De invested in 0% or 10 shares. Vanguard Gp Inc holds 0% in Asta Funding, Inc. (NASDAQ:ASFI) or 35,926 shares. Envestnet Asset Mgmt has invested 0% in Asta Funding, Inc. (NASDAQ:ASFI). Blackrock Inc owns 0% invested in Asta Funding, Inc. (NASDAQ:ASFI) for 286,237 shares. Rbf Ltd Liability Com owns 400,000 shares or 0.38% of their US portfolio. Bridgeway Capital Mgmt Inc holds 122,100 shares.

Stepstone Group Lp holds 2.76% of its portfolio in Fidus Investment Corporation for 260,105 shares. Muzinich & Co. Inc. owns 1.25 million shares or 1.99% of their US portfolio. Moreover, Yorktown Management & Research Co Inc has 1.16% invested in the company for 275,000 shares. The North Carolina-based Novare Capital Management Llc has invested 0.98% in the stock. Opus Capital Group Llc, a Ohio-based fund reported 167,967 shares.

Analysts await Fidus Investment Corporation (NASDAQ:FDUS) to report earnings on March, 1. They expect $0.37 EPS, down 5.13% or $0.02 from last year’s $0.39 per share. FDUS’s profit will be $9.06M for 9.29 P/E if the $0.37 EPS becomes a reality. After $0.38 actual EPS reported by Fidus Investment Corporation for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

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