Of the 14 analysts covering Ares Capital Corporation (ARCC) in November 2017, four analysts gave “hold” ratings on the stock.
Ares Capital (ARCC) declared a quarterly dividend of $0.38 per share on November 2, 2017, which it is scheduled to pay on December 29, 2017.
Ares Capital Corporation (ARCC) saw a significant increase in its portfolio investments at fair value from $8.8 billion in 3Q16 to $11.5 billion in 3Q17. This trend reflects a substantial YoY rise.
ARCC reported gross commitments of $1.54 billion in 3Q17 compared to $1.52 billion in 3Q16.
Ares Capital (ARCC) reported an increase in its base management fees from $34.0 million in 3Q16 to $44.0 million in 3Q17, which reflects the rise in the average size of its portfolio.
In 3Q17, Ares Capital (ARCC) reported interest income from investments of $238.0 million compared to $200.0 million in 3Q16. This trend reflects an increase in the average size of its portfolio.
Berkshire Hathaway’s (BRK.B) services and retail division’s performance has been largely flat to positive in the recent quarters due to improved revenues from jet services, electronics, media, partially offset by slower housing finance.
Overall, the railroad industry (XLI) is eyeing better operating margins and a business shift from road transportation in a bid to garner more revenues.
Berkshire Hathaway (BRK.B) reported losses before tax of $963 million in 3Q17 compared to earnings before taxes of $1.4 billion in the corresponding period last year.
Wall Street analysts have revised their price target for Berkshire Hathaway (BRK.B) to $300,900 over the next 12 months (or NTM).
Berkshire Hathaway (BRK.B) has a no-dividend policy and a no-split policy, which have resulted in higher stock prices.
As of November 2017, Berkshire Hathaway (BRK.B) stock has fallen 1.9% in the past month and risen 16.5% in the past year.
Berkshire Hathaway (BRK.B) generated operating cash flows of $37 billion in the first nine months of 2017 as compared to $25 billion in the prior year period.
The Fed is targeting a rate hike in December 2017 and at least three more rate hikes in 2018 to bring the Fed fund rate in the range of 2.25% and 2.5%.
According to its 13F filings, Berkshire Hathaway’s (BRK.B) portfolio value was $178.0 billion in 3Q17 compared to $162.0 billion in the previous quarter.
Berkshire (BRK.B) has expanded its manufacturing portfolio with the addition of Duracell, Precision CastParts, and a stake in Apple (AAPL).
Berkshire Hathaway (BRK.B) has missed estimates in six out of seven quarters mainly due to the weaker performance of the insurance sector.
Invesco (IVZ) has a price-to-cash flow ratio of 10.71x on a NTM (next-12-month) basis compared to the peer average NTM price-to-cash flow ratio of 11.41x.
Invesco Limited (IVZ) has witnessed long-term net flows of $2.4 billion in 3Q17 in its passive AUM (assets under management), which reflects long-term inflows and outflows of $13.2 billion and $10.8 billion, respectively.
Invesco Limited (IVZ) garners its total assets under management (or AUM) from two channels: retail and institutional.