American Capital Ltd. (NASDAQ:ACAS) shares reached a new 52-week high during trading on Monday . The company traded as high as $17.08 and last traded at $17.05, with a volume of 1,262,800 shares changing hands. The stock had previously closed at $16.92.

ACAS has been the subject of a number of research reports. JPMorgan Chase & Co. downgraded American Capital from an “overweight” rating to a “neutral” rating and set a $17.50 target price for the company. in a research report on Thursday, August 4th. TheStreet upgraded American Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, May 25th. Sterne Agee CRT reiterated a “buy” rating on shares of American Capital in a research report on Monday, May 16th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating on shares of American Capital in a research report on Tuesday, May 17th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $16.90.

The firm’s 50 day moving average is $16.52 and its 200-day moving average is $15.62. The company’s market cap is $3.67 billion.

American Capital (NASDAQ:ACAS) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.47 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.23. The business earned $142 million during the quarter, compared to analysts’ expectations of $125.19 million. The firm’s quarterly revenue was down 15.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.24 earnings per share. Equities research analysts forecast that American Capital Ltd. will post $1.22 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in American Capital stock. Ameriprise Financial Inc. raised its position in shares of American Capital Ltd. (NASDAQ:ACAS) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 110,886 shares of the company’s stock after buying an additional 2,257 shares during the period. Ameriprise Financial Inc.’s holdings in American Capital were worth $1,529,000 as of its most recent SEC filing.

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.