American Capital Ltd. (NASDAQ:ACAS) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $16.23 and last traded at $16.21, with a volume of 412,360 shares changing hands. The stock had previously closed at $16.12.

Several research firms have recently issued reports on ACAS. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of American Capital in a research note on Tuesday, May 17th. Zacks Investment Research raised American Capital from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 19th. Sterne Agee CRT reaffirmed a “buy” rating on shares of American Capital in a research note on Monday, May 16th. Finally, TheStreet raised American Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 25th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. American Capital presently has a consensus rating of “Buy” and a consensus target price of $16.75.

The company’s market cap is $3.55 billion. The company’s 50 day moving average is $15.94 and its 200 day moving average is $14.98.

American Capital (NASDAQ:ACAS) last released its earnings results on Friday, May 6th. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.12. The company earned $162 million during the quarter, compared to the consensus estimate of $131.08 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $0.28 earnings per share. On average, equities analysts predict that American Capital Ltd. will post $1.14 EPS for the current fiscal year.

In other American Capital news, EVP Thomas Mchale sold 9,631 shares of the business’s stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $15.92, for a total value of $153,325.52. Following the sale, the executive vice president now directly owns 171,807 shares of the company’s stock, valued at $2,735,167.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

A number of large investors recently added to or reduced their stakes in ACAS. Globeflex Capital L P increased its stake in American Capital by 114.3% in the fourth quarter. Globeflex Capital L P now owns 81,470 shares of the company’s stock valued at $1,123,000 after buying an additional 43,450 shares during the period. Marshall Wace LLP increased its position in shares of American Capital by 450.0% in the fourth quarter. Marshall Wace LLP now owns 98,014 shares of the company’s stock worth $1,351,000 after buying an additional 80,194 shares during the last quarter. Airain ltd increased its position in shares of American Capital by 87.6% in the fourth quarter. Airain ltd now owns 261,106 shares of the company’s stock worth $3,601,000 after buying an additional 121,943 shares during the last quarter. Cibc World Markets Corp acquired a new position in shares of American Capital during the fourth quarter worth about $4,827,000. Finally, Wells Fargo & Company MN increased its position in shares of American Capital by 162.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,535,383 shares of the company’s stock worth $21,174,000 after buying an additional 950,935 shares during the last quarter.

American Capital, Ltd. (American Capital) is a global asset manager and private equity firm. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and structured products.

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