Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Asset Management Stocks Technical Reports -- American Capital, Prospect Capital, Waddell & Reed Financial, and Janus Capital

PSEC, DPST

PR Newswire

NEW YORK, August 22, 2016 /PRNewswire/ --

Stock-Callers.com today is reviewing four equities, namely, American Capital Ltd (NASDAQ: ACAS), Prospect Capital Corp. (NASDAQ: PSEC), Waddell & Reed Financial Inc. (NYSE: WDR), and Janus Capital Group Inc. (NYSE: JNS). As per The Boston Consulting Group's 14th annual global asset management industry report, advanced digital technologies, techniques, and data and analytics should serve as competitive advantages for asset managers as they continue to transform their operating models and keep pace with fast-moving financial firms. Download the free research reports on these stocks today:

http://stock-callers.com/registration

American Capital  

Shares in Bethesda, Maryland-based American Capital Ltd ended Friday's session 0.24% lower at $16.54 with a total trading volume of 914,011 shares. The stock has advanced 1.66% in the last month, 5.89% over the previous three months, and 19.94% on an YTD basis. The Company's shares are trading 2.31% above their 50-day moving average and 10.26% above their 200-day moving average. Moreover, shares of American Capital, which seeks to invest in senior debt mezzanine, unitranche, and equity financing for buyouts of private equity firms and direct in private and public companies have a Relative Strength Index (RSI) of 60.03.

On August 3rd, 2016, American Capital reported that consolidated net operating income (NOI) for the quarter ended June 30th, 2016 was $46 million, or $0.20 per diluted share. As of June 30th, 2016, net asset value per share was $20.77, a $0.63 per share increase from the March 31st, 2016 NAV per share of $20.14.

On August 04th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. See our free and comprehensive research report on ACAS at:

http://stock-callers.com/registration/?symbol=ACAS


Prospect Capital  

Prospect Capital Corp.'s shares saw a decline of 0.47%, closing the day at $8.42 with a total trading volume of 1.71 million shares. The stock has advanced 2.58% in the last month, 16.52% in the previous three months, and 30.61% since the start of this year. The Company's shares are trading 5.26% above their 50-day moving average and 20.82% above their 200-day moving average. Additionally, shares of Prospect Capital, which specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions, have an RSI of 65.16.

On July 29th, 2016, Prospect Capital announced that it has invested $65.0 million in first lien senior secured floating rate debt issued by Universal Turbine Parts, LLC ("UTP") in conjunction with the acquisition of UTP led by ICV Partners, a middle market private equity firm. PSEC free research report PDF is just a click away at:


http://stock-callers.com/registration/?symbol=PSEC


Waddell & Reed Financial  

Last Friday, shares in Overland Park, Kansas-based Waddell & Reed Financial Inc. dropped 0.32%, closing the session at $18.77. The stock recorded a trading volume of 1.16 million shares. The Company's shares have advanced 0.37% in the last month and are trading 4.02% above their 50-day moving average. Furthermore, shares of Waddell & Reed Financial, which through its subsidiaries, provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the US, have an RSI of 51.85.

On July 26th, 2016, Waddell & Reed Financial reported Q2 2016 net income of $33.7 million, or $0.41 per diluted share, compared to net income of $67.4 million, or $0.80 per diluted share, during Q2 2015.The Company noted that as of June 30th, 2016, assets under management declined 9% sequentially to $86 billion.

On July 27th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $29 a share to $26 a share. Sign up for your complimentary report on WDR at:

http://stock-callers.com/registration/?symbol=WDR


Janus Capital Group  

Denver, Colorado-based Janus Capital Group Inc.'s shares finished the session 0.07% lower at $14.71 with a total trading volume of 659,827 shares. The stock has advanced 0.41% in the last month, 3.78% over the previous three months, and 6.84% on YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 1.93% and 5.15%, respectively. Additionally, shares of Janus Capital Group, which provides retirement planning, investment planning, tax planning, investment for college, and tax planning services to its clients, have an RSI of 51.10.

On July 26th, 2016, Janus Capital Group reported Q2 2016 net income of $39.0 million, or $0.21 per diluted share, compared with net income of $44.7 million, or $0.23 per diluted share, in Q2 2015. The company's average assets under management during Q2 2016 were $189.3 billion compared with $193.0 billion in Q2 2015. Register for free on Stock-Callers.com and download the latest research report on JNS at:

http://stock-callers.com/registration/?symbol=JNS

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@stock-callers.com

Phone number:  +44 330 808 3765

Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today