Stock Worth Mentioning: Institutional Investors Are Selling Capitala Finance Corp (NASDAQ:CPTA)

November 16, 2016 - By Darrin Black   ·   0 Comments

Stock Worth Mentioning: Institutional Investors Are Selling Capitala Finance Corp (NASDAQ:CPTA)

Sentiment for Capitala Finance Corp (NASDAQ:CPTA)

Capitala Finance Corp (NASDAQ:CPTA) institutional sentiment decreased to 0.3 in 2016 Q2. Its down -1.01, from 1.31 in 2016Q1. The ratio dropped, as 6 hedge funds started new and increased positions, while 20 cut down and sold their stakes in Capitala Finance Corp. The hedge funds in our partner’s database now have: 2.66 million shares, down from 2.85 million shares in 2016Q1. Also, the number of hedge funds holding Capitala Finance Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 13 Increased: 4 New Position: 2.

Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The company has a market cap of $191.48 million. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It has a 97.81 P/E ratio. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration , the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.

About 14,051 shares traded hands. Capitala Finance Corp (NASDAQ:CPTA) has declined 11.79% since April 14, 2016 and is downtrending. It has underperformed by 16.47% the S&P500.

According to Zacks Investment Research, “Capitala Finance Corp. is a business development company. The company invests primarily in traditional mezzanine, senior subordinated and unitranche debt, senior and second-lien loans and equity securities. Capitala Finance Corp. is headquartered in Charlotte, United States.”

Kemper Corp holds 1.82% of its portfolio in Capitala Finance Corp for 226,247 shares. Muzinich & Co. Inc. owns 125,932 shares or 0.81% of their US portfolio. Moreover, Pineno Levin & Ford Asset Management Inc. has 0.56% invested in the company for 77,052 shares. The Kentucky-based Regent Investment Management Llc has invested 0.52% in the stock. Yorktown Management & Research Co Inc, a Virginia-based fund reported 73,200 shares.#img1#

Capitala Finance Corp (NASDAQ:CPTA) Ratings Coverage

Ratings analysis reveals 33% of Capitala Finance’s analysts are positive. Out of 9 Wall Street analysts rating Capitala Finance, 3 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $14.50 while the high is $20. The stock’s average target of $16.16 is 33.77% above today’s ($12.08) share price. CPTA was included in 20 notes of analysts from August 11, 2015. As per Wednesday, March 9, the company rating was downgraded by Ladenburg Thalmann. The firm earned “Buy” rating on Friday, August 12 by Deutsche Bank. The stock of Capitala Finance Corp (NASDAQ:CPTA) earned “Equal-Weight” rating by Stephens on Thursday, March 17. The stock of Capitala Finance Corp (NASDAQ:CPTA) has “Buy” rating given on Friday, May 13 by Wunderlich. Barclays Capital maintained Capitala Finance Corp (NASDAQ:CPTA) on Thursday, March 10 with “Overweight” rating. The company was maintained on Wednesday, August 12 by Deutsche Bank. The stock has “Buy” rating given by Wunderlich on Tuesday, January 5. MLV maintained Capitala Finance Corp (NASDAQ:CPTA) rating on Tuesday, August 11. MLV has “Buy” rating and $17.0 price target. Ladenburg Thalmann upgraded the shares of CPTA in a report on Thursday, October 6 to “Buy” rating. Keefe Bruyette & Woods initiated the stock with “Market Perform” rating in Thursday, September 3 report.

CPTA Company Profile

Capitala Finance Corp., incorporated on February 21, 2013, is an externally managed non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. The Firm provides capital to lower and traditional middle-market companies in the United States, with a non-exclusive emphasis on the Southeast, Southwest and Mid-Atlantic regions.

More notable recent Capitala Finance Corp (NASDAQ:CPTA) news were published by: Businesswire.com which released: “Capitala Group Leads Financing in Acquisition of Vintage Stock, Inc.” on November 07, 2016, also Marketwatch.com with their article: “Capitala Finance downgraded to perform from outperform at Oppenheimer” published on October 21, 2013, Businesswire.com published: “Capitala Finance Corp. Announces Investment Activity” on September 12, 2016. More interesting news about Capitala Finance Corp (NASDAQ:CPTA) were released by: Businesswire.com and their article: “Capitala Finance Corp. Reports Second Quarter 2016 Results” published on August 09, 2016 as well as Businesswire.com‘s news article titled: “Capitala Finance Corp. Schedules Third Quarter 2016 Earnings Release and …” with publication date: October 06, 2016.

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By Darrin Black


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