LMP Capital & Income Fund Inc (NYSE:SCD) Stock Price Down as Sentiment Crashes

July 14, 2018 - By Nadine Davis

Sentiment for LMP Capital & Income Fund Inc (NYSE:SCD)

LMP Capital & Income Fund Inc (NYSE:SCD) institutional sentiment decreased to 1.38 in Q1 2018. Its down -0.37, from 1.75 in 2017Q4. The ratio is negative, as 18 hedge funds started new or increased stock positions, while 13 cut down and sold their equity positions in LMP Capital & Income Fund Inc. The hedge funds in our partner’s database now have: 4.75 million shares, up from 4.59 million shares in 2017Q4. Also, the number of hedge funds holding LMP Capital & Income Fund Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 8 Increased: 12 New Position: 6.

LMP Capital and Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The company has market cap of $237.02 million. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. It has a 10.57 P/E ratio. The fund invests in public equity and fixed income markets across the globe.

The stock increased 0.38% or $0.05 during the last trading session, reaching $13.18. About 25,896 shares traded. LMP Capital and Income Fund Inc. (NYSE:SCD) has declined 8.31% since July 14, 2017 and is downtrending. It has underperformed by 20.88% the S&P500.

Shaker Financial Services Llc holds 0.49% of its portfolio in LMP Capital and Income Fund Inc. for 80,927 shares. Cue Financial Group Inc. owns 37,283 shares or 0.31% of their US portfolio. Moreover, Cornerstone Advisors Inc has 0.14% invested in the company for 90,780 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.11% in the stock. Rivernorth Capital Management Llc, a Illinois-based fund reported 64,910 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $23,202 activity.

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