American Capital Ltd. (NASDAQ:ACAS) hit a new 52-week high on Tuesday . The stock traded as high as $16.47 and last traded at $16.44, with a volume of 287,739 shares traded. The stock had previously closed at $16.45.

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

The firm’s market capitalization is $3.58 billion. The company’s 50-day moving average price is $16.00 and its 200 day moving average price is $15.07.

American Capital (NASDAQ:ACAS) last announced its quarterly earnings data on Friday, May 6th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.12. The firm had revenue of $162 million for the quarter, compared to analysts’ expectations of $131.08 million. During the same quarter in the prior year, the business posted $0.28 earnings per share. American Capital’s revenue was up 5.2% on a year-over-year basis. On average, analysts forecast that American Capital Ltd. will post $1.14 EPS for the current fiscal year.

In related news, EVP Thomas Mchale sold 9,631 shares of the stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $15.92, for a total transaction of $153,325.52. Following the completion of the sale, the executive vice president now directly owns 171,807 shares in the company, valued at $2,735,167.44. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Several hedge funds have recently made changes to their positions in ACAS. Bank of Montreal Can raised its stake in shares of American Capital by 69.6% in the fourth quarter. Bank of Montreal Can now owns 3,191,182 shares of the company’s stock valued at $44,007,000 after buying an additional 1,309,182 shares in the last quarter. Wells Fargo & Company MN raised its position in American Capital by 162.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,535,383 shares of the company’s stock valued at $21,174,000 after buying an additional 950,935 shares during the period. Cibc World Markets Corp bought a new position in American Capital during the fourth quarter valued at $4,827,000. Airain ltd raised its position in American Capital by 87.6% in the fourth quarter. Airain ltd now owns 261,106 shares of the company’s stock valued at $3,601,000 after buying an additional 121,943 shares during the period. Finally, Marshall Wace LLP raised its position in American Capital by 450.0% in the fourth quarter. Marshall Wace LLP now owns 98,014 shares of the company’s stock valued at $1,351,000 after buying an additional 80,194 shares during the period.

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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