Engineers Gate Manager LP Decreased Prospect Capital (PSEC) Position By $861,222; Trinseo S.A. (TSE) Had 4 Bullish Analysts

May 18, 2018 - By Gary Buckley

Trinseo S.A. (NYSE:TSE) Logo

Engineers Gate Manager Lp decreased Prospect Capital Corporation (PSEC) stake by 69.62% reported in 2017Q4 SEC filing. Engineers Gate Manager Lp sold 143,537 shares as Prospect Capital Corporation (PSEC)’s stock declined 9.64%. The Engineers Gate Manager Lp holds 62,622 shares with $422,000 value, down from 206,159 last quarter. Prospect Capital Corporation now has $2.41B valuation. The stock increased 0.15% or $0.01 during the last trading session, reaching $6.63. About 46,363 shares traded. Prospect Capital Corporation (NASDAQ:PSEC) has declined 27.59% since May 18, 2017 and is downtrending. It has underperformed by 39.14% the S&P500.

Among 6 analysts covering Trinseo (NYSE:TSE), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Trinseo had 29 analyst reports since August 6, 2015 according to SRatingsIntel. Alembic maintained Trinseo S.A. (NYSE:TSE) on Monday, March 26 with “Buy” rating. The stock of Trinseo S.A. (NYSE:TSE) has “Buy” rating given on Tuesday, July 18 by Jefferies. The firm has “Equal-Weight” rating given on Friday, August 4 by Barclays Capital. The rating was maintained by Deutsche Bank with “Buy” on Friday, May 4. The company was maintained on Wednesday, January 17 by Wells Fargo. The stock of Trinseo S.A. (NYSE:TSE) earned “Equal Weight” rating by Barclays Capital on Friday, August 7. On Monday, February 26 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The rating was maintained by Citigroup with “Neutral” on Thursday, February 22. As per Friday, October 6, the company rating was maintained by Jefferies. The stock of Trinseo S.A. (NYSE:TSE) has “Equal-Weight” rating given on Tuesday, November 7 by Barclays Capital. See Trinseo S.A. (NYSE:TSE) latest ratings:

04/05/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $96 New Target: $85 Maintain
26/03/2018 Broker: Alembic Rating: Buy Maintain
26/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $85 New Target: $88 Maintain
22/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $80 New Target: $83 Maintain
21/02/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $86 New Target: $90 Maintain
01/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $78 New Target: $85 Maintain
17/01/2018 Broker: Wells Fargo Rating: Buy New Target: $84.0 Maintain
12/01/2018 Broker: Deutsche Bank Rating: Buy New Target: $92.0
11/12/2017 Broker: Alembic Rating: Buy Maintain

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.29, from 0.99 in 2017Q3. It dived, as 31 investors sold PSEC shares while 68 reduced holdings. 33 funds opened positions while 36 raised stakes. 46.56 million shares or 10.71% less from 52.14 million shares in 2017Q3 were reported. Live Your Vision Limited Liability Com has invested 0% in Prospect Capital Corporation (NASDAQ:PSEC). Susquehanna Intll Gp Limited Liability Partnership has 1.15M shares for 0% of their portfolio. Pacad Investment Ltd reported 13,700 shares or 0.02% of all its holdings. First Republic Investment Mngmt holds 399,954 shares or 0.02% of its portfolio. Arrowstreet Capital Lp has invested 0.03% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Moreover, M&T Bank & Trust Corp has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 29,895 shares. Paragon Mngmt reported 0.08% stake. Cetera Advisor Networks Ltd Liability Com has invested 0.02% in Prospect Capital Corporation (NASDAQ:PSEC). Webster Natl Bank N A holds 4,800 shares or 0% of its portfolio. Regal Inv Advsrs holds 0.05% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC) for 35,742 shares. Smithfield Trust reported 0.01% in Prospect Capital Corporation (NASDAQ:PSEC). Deutsche Bank & Trust Ag holds 0% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC) for 965,175 shares. Markston Ltd Llc has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC). Ameritas Prtn has 9,431 shares. 9,409 were accumulated by Advisory Svcs Ltd Llc.

Among 9 analysts covering Prospect Capital Corporation (NASDAQ:PSEC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Prospect Capital Corporation had 16 analyst reports since August 27, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, August 31 by FBR Capital. National Securities downgraded the shares of PSEC in report on Wednesday, July 20 to “Sell” rating. The stock has “Hold” rating by BMO Capital Markets on Wednesday, August 23. The firm has “Underperform” rating by Raymond James given on Thursday, February 11. National Securities initiated the shares of PSEC in report on Friday, January 29 with “Neutral” rating. As per Thursday, April 28, the company rating was downgraded by Deutsche Bank. As per Wednesday, August 30, the company rating was upgraded by Raymond James. The rating was maintained by RBC Capital Markets on Thursday, February 11 with “Sector Perform”. The stock of Prospect Capital Corporation (NASDAQ:PSEC) has “Hold” rating given on Friday, October 6 by BMO Capital Markets. As per Wednesday, May 31, the company rating was maintained by BMO Capital Markets.

More notable recent Prospect Capital Corporation (NASDAQ:PSEC) news were published by: Seekingalpha.com which released: “Prospect Capital announces add-on notes offering” on May 15, 2018, also Seekingalpha.com with their article: “Prospect Capital: So Hated, It’s Getting Attractive, Again” published on May 18, 2018, Seekingalpha.com published: “Now Is The Time To Buy Prospect Capital” on May 17, 2018. More interesting news about Prospect Capital Corporation (NASDAQ:PSEC) were released by: Globenewswire.com and their article: “Prospect Capital Announces Public Offering of Convertible Notes due 2022” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Prospect Capital: Only Fools Jump In?” with publication date: April 25, 2018.

Engineers Gate Manager Lp increased Sonic Corp (NASDAQ:SONC) stake by 75,690 shares to 96,571 valued at $2.65 million in 2017Q4. It also upped Everi Hldgs Inc stake by 101,359 shares and now owns 160,968 shares. Omnicom Group Inc (NYSE:OMC) was raised too.

Since December 8, 2017, it had 24 insider purchases, and 0 sales for $21.02 million activity. $3.14M worth of Prospect Capital Corporation (NASDAQ:PSEC) shares were bought by Barry John F. $67,900 worth of Prospect Capital Corporation (NASDAQ:PSEC) was bought by Eliasek M Grier. Stark Eugene S bought $6,500 worth of stock.

Analysts await Prospect Capital Corporation (NASDAQ:PSEC) to report earnings on August, 27. They expect $0.19 earnings per share, 0.00% or $0.00 from last year’s $0.19 per share. PSEC’s profit will be $69.01M for 8.72 P/E if the $0.19 EPS becomes a reality. After $0.19 actual earnings per share reported by Prospect Capital Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More recent Trinseo S.A. (NYSE:TSE) news were published by: Seekingalpha.com which released: “Trinseo’s Outlook Remains Positive” on May 03, 2018. Also Seekingalpha.com published the news titled: “Trinseo SA 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018. Seekingalpha.com‘s news article titled: “Trinseo’s (TSE) CEO Chris Pappas on Q1 2018 Results – Earnings Call Transcript” with publication date: May 05, 2018 was also an interesting one.

Prospect Capital Corporation (NASDAQ:PSEC) Institutional Positions Chart

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