Capitala Finance Corp Institutional Investor Sentiment Worsened in Q1 2018

July 14, 2018 - By Vernon Rice

Capitala Finance Corp. (NASDAQ:CPTA) Logo

Sentiment for Capitala Finance Corp (NASDAQ:CPTA)

Capitala Finance Corp (NASDAQ:CPTA) institutional sentiment decreased to 0.93 in Q1 2018. Its down -0.50, from 1.43 in 2017Q4. The ratio dropped, as 14 hedge funds opened new and increased stock positions, while 15 cut down and sold their positions in Capitala Finance Corp. The hedge funds in our partner’s database now own: 2.16 million shares, down from 2.22 million shares in 2017Q4. Also, the number of hedge funds holding Capitala Finance Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 4 Increased: 7 New Position: 7.

Capitala Finance Corp. is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. The company has market cap of $135.68 million. The fund targets companies in the business services, commercial and professional services, manufacturing, consumer and retail, energy, and health-care industries. It has a 79.35 P/E ratio. It typically considers investments in the United States.

The stock increased 0.24% or $0.02 during the last trading session, reaching $8.49. About 49,104 shares traded. Capitala Finance Corp. (NASDAQ:CPTA) has declined 40.52% since July 14, 2017 and is downtrending. It has underperformed by 53.09% the S&P500.

Analysts await Capitala Finance Corp. (NASDAQ:CPTA) to report earnings on August, 6. They expect $0.27 earnings per share, up 575.00 % or $0.23 from last year’s $0.04 per share. CPTA’s profit will be $4.31 million for 7.86 P/E if the $0.27 EPS becomes a reality. After $0.28 actual earnings per share reported by Capitala Finance Corp. for the previous quarter, Wall Street now forecasts -3.57 % negative EPS growth.

Roumell Asset Management Llc holds 1.36% of its portfolio in Capitala Finance Corp. for 80,230 shares. Kemper Corp owns 228,737 shares or 0.71% of their US portfolio. Moreover, Regent Investment Management Llc has 0.17% invested in the company for 63,696 shares. The North Carolina-based Carroll Financial Associates Inc. has invested 0.12% in the stock. Ares Management Llc, a California-based fund reported 294,762 shares.

Since January 1, 0001, it had 3 insider purchases, and 0 selling transactions for $79,628 activity.

More important recent Capitala Finance Corp. (NASDAQ:CPTA) news were published by: Bizjournals.com which released: “Charlotte’s Capitala Group leads $37M investment in NY company” on June 28, 2018, also Businesswire.com published article titled: “Capitala Finance Corp. Schedules Second Quarter 2018 Earnings Release and Conference Call”, Seekingalpha.com published: “Upcoming Book Value Declines For This Higher Yielding BDC?” on June 20, 2018. More interesting news about Capitala Finance Corp. (NASDAQ:CPTA) was released by: Businesswire.com and their article: “Capitala Group Leads $37.0 Million Investment in Installs LLC” with publication date: June 27, 2018.

Capitala Finance Corp. (NASDAQ:CPTA) Institutional Positions Chart

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