Telemus Capital Increases Stake in Ares Cap (ARCC); New Residential Invt (NRZ) Holder Scoria Capital Partners LP Has Lifted Its Holding

January 21, 2018 - By Maria Brooks

Telemus Capital Llc increased its stake in Ares Cap Corp (ARCC) by 8.93% based on its latest 2017Q3 regulatory filing with the SEC. Telemus Capital Llc bought 31,870 shares as the company’s stock declined 6.68% while stock markets rallied. The institutional investor held 388,832 shares of the company at the end of 2017Q3, valued at $6.37 million, up from 356,962 at the end of the previous reported quarter. Telemus Capital Llc who had been investing in Ares Cap Corp for a number of months, seems to be bullish on the $6.82B market cap company. The stock increased 0.13% or $0.02 during the last trading session, reaching $15.99. About 920,065 shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since January 21, 2017 and is uptrending. It has underperformed by 6.98% the S&P500.

Scoria Capital Partners Lp increased its stake in New Residential Invt Corp (NRZ) by 64.29% based on its latest 2017Q3 regulatory filing with the SEC. Scoria Capital Partners Lp bought 45,000 shares as the company’s stock declined 0.74% while stock markets rallied. The institutional investor held 115,000 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.92M, up from 70,000 at the end of the previous reported quarter. Scoria Capital Partners Lp who had been investing in New Residential Invt Corp for a number of months, seems to be bullish on the $5.30 billion market cap company. The stock increased 0.64% or $0.11 during the last trading session, reaching $17.24. About 8.35 million shares traded or 195.53% up from the average. New Residential Investment Corp. (NYSE:NRZ) has risen 22.04% since January 21, 2017 and is uptrending. It has outperformed by 5.34% the S&P500.

Among 17 analysts covering Ares Capital (NASDAQ:ARCC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Ares Capital had 26 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Buy” rating by Citigroup on Friday, August 21. The company was maintained on Tuesday, August 15 by Jefferies. The firm earned “Outperform” rating on Thursday, October 1 by Macquarie Research. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Overweight” rating given on Thursday, February 25 by Barclays Capital. The stock has “Buy” rating by UBS on Thursday, August 18. As per Tuesday, June 28, the company rating was initiated by National Securities. The rating was maintained by Jefferies with “Buy” on Friday, September 22. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Hold” rating by BMO Capital Markets on Wednesday, August 23. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, August 3. The company was maintained on Tuesday, November 14 by BMO Capital Markets.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.17, from 1.13 in 2017Q2. It is negative, as 55 investors sold ARCC shares while 104 reduced holdings. 35 funds opened positions while 118 raised stakes. 161.57 million shares or 5.32% less from 170.64 million shares in 2017Q2 were reported. Moreover, Trexquant Inv LP has 0.06% invested in Ares Capital Corporation (NASDAQ:ARCC). Principal holds 0.09% or 5.82 million shares. First Republic Investment Management reported 0.02% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Atria Invests Ltd Limited Liability Company stated it has 13,106 shares or 0.01% of all its holdings. Boulegeris Investments reported 17,950 shares or 0.16% of all its holdings. 208,053 were accumulated by Stratos Wealth Prtn Limited. Robeco Institutional Asset Bv invested in 80,392 shares. Bnp Paribas Arbitrage stated it has 245,937 shares or 0.01% of all its holdings. Advsr Asset Mngmt has invested 0.18% in Ares Capital Corporation (NASDAQ:ARCC). Commonwealth Of Pennsylvania Public School Empls Retrmt accumulated 1.94 million shares or 0.03% of the stock. Park Avenue Securities Lc holds 0.08% or 16,236 shares. Frontier Inv Communications holds 0.95% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 699,105 shares. Cypress Mngmt Limited Liability (Wy) reported 4,500 shares or 0.09% of all its holdings. Thrivent For Lutherans has invested 0.03% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Moody State Bank Trust Division holds 0.02% or 23,175 shares.

Telemus Capital Llc, which manages about $2.42B and $857.31M US Long portfolio, decreased its stake in Jpmorgan Chase & Co (AMJ) by 38,252 shares to 92,845 shares, valued at $2.62 million in 2017Q3, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 1,800 shares in the quarter, leaving it with 13,691 shares, and cut its stake in Claymore Exchange Trd Fd Tr (BSJH).

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was upgraded by Zacks on Wednesday, August 12 to “Sell”. The firm earned “Outperform” rating on Wednesday, February 22 by FBR Capital. FBR Capital maintained it with “Buy” rating and $17.5000 target in Monday, July 10 report. The stock of New Residential Investment Corp. (NYSE:NRZ) has “Neutral” rating given on Wednesday, May 18 by Compass Point. The rating was maintained by Piper Jaffray on Thursday, November 30 with “Buy”. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Outperform” rating by Wedbush on Thursday, January 18. The rating was maintained by Piper Jaffray on Sunday, August 27 with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Thursday, October 26. FBR Capital maintained New Residential Investment Corp. (NYSE:NRZ) on Wednesday, November 29 with “Buy” rating. The firm earned “Outperform” rating on Thursday, February 25 by FBR Capital.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.28, from 1.12 in 2017Q2. It improved, as 31 investors sold NRZ shares while 67 reduced holdings. 37 funds opened positions while 100 raised stakes. 143.66 million shares or 1.96% more from 140.89 million shares in 2017Q2 were reported. Cadence Limited reported 0.01% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Balasa Dinverno And Foltz Lc holds 0.03% or 11,261 shares in its portfolio. Penn Mutual Life reported 7.22% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Amer Century Inc holds 0% of its portfolio in New Residential Investment Corp. (NYSE:NRZ) for 18,347 shares. Monetary Management Grp Incorporated holds 0.16% in New Residential Investment Corp. (NYSE:NRZ) or 23,100 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 12,322 shares in its portfolio. Moreover, Sageworth Communications has 0% invested in New Residential Investment Corp. (NYSE:NRZ). Verition Fund Mngmt Limited Liability Corp reported 0.02% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Alyeska Investment Gru Lp, Illinois-based fund reported 97,891 shares. Bessemer invested in 0% or 377 shares. Vanguard Group Inc Inc reported 24.75 million shares. Pub Employees Retirement System Of Ohio has invested 0.01% in New Residential Investment Corp. (NYSE:NRZ). Bnp Paribas Arbitrage has 0.02% invested in New Residential Investment Corp. (NYSE:NRZ) for 373,459 shares. Chicago Equity Prtn Llc accumulated 1.05 million shares. Joel Isaacson Llc has invested 0.21% in New Residential Investment Corp. (NYSE:NRZ).

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