NEW YORK, January 23, 2017 /PRNewswire/ --
For today, Stock-Callers.com shifts focus on these four Asset Management firms: Evercore Partners Inc. (NYSE: EVR), BlackRock Capital Investment Corp. (NASDAQ: BKCC), New Mountain Finance Corp. (NYSE: NMFC), and PennantPark Investment Corp. (NASDAQ: PNNT). These equities belong to the Financials sector which enjoyed moderate advances on Friday, January 20th, 2017, with the NYSE Financials Sector Index climbing about 0.4%, while Financials companies in the S&P 500 Index also were adding about 0.4% in value. These stocks research reports can be downloaded now by simply registering for free at:
New York headquartered Evercore Partners Inc.'s shares rose 0.90%, finishing last Friday's session at $72.90. A total volume of 291,856 shares was traded. The stock has advanced 6.19% in the past month, 39.44% in the previous three months, and 6.11% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 6.92% and 33.66%, respectively. Additionally, shares of Evercore Partners, which operates as an independent investment banking advisory firm in the US, Europe, Latin America, and internationally, have a Relative Strength Index (RSI) of 62.45.
On January 20th, 2017, Evercore announced that it will release its Q4 2016 and FY16 financial results on February 01st, 2017. Evercore will host a related conference call beginning at 8:00 a.m. ET that same day. Your complete research report on EVR can be retrieved for free at:
BlackRock Capital Investment
On Friday, shares in BlackRock Capital Investment Corp. ended the session 1.52% higher at $7.35. The stock recorded a trading volume of 215,120 shares. The Company's shares have gained 5.60% since the start of this year. The stock is trading above its 50-day moving average by 1.75%. Moreover, shares of BlackRock Capital Investment, which invests in the form of senior and junior secured, unsecured, and subordinated debt securities and loans including cash flow, asset backed, and junior lien facilities and equity securities, have an RSI of 53.29.
On December 22nd, 2017, BlackRock Capital Investment announced that Michael Zugay, Head of Investments for BlackRock's US Private Capital Group, has been named CEO of the Company. Further, James Keenan, Global Head of Fundamental Credit at BlackRock, has been appointed as the new Chairman of the Board. The appointments of Zugay and Keenan follow the decision of Steven Sterling to leave his executive role, while remaining a Director for BlackRock Capital Investment. The changes were effective on January 01st, 2017. BKCC free report is just a click away at:
New Mountain Finance
New Mountain Finance Corp.'s stock declined 0.34%, to close the day at $14.50, with a total trading volume of 283,293 shares. The Company's shares have advanced 4.69% in the last one month, 8.30% over the previous three months, and 2.84% on an YTD basis. The stock is trading 4.39% above its 50-day moving average and 12.77% above its 200-day moving average. Additionally, shares of New Mountain Finance, which is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities, have an RSI of 61.67.
On January 03rd, 2017, New Mountain Finance announced that its board of directors has authorized an extension of a program for the purpose of repurchasing up to $50 million worth of its common stock, to be implemented at the discretion of New Mountain Finance's management team. Unless further extended by the Company's board of directors, New Mountain Finance expects the repurchase program to be in place until the earlier of December 31st, 2017 or until $50 million worth of the Company's outstanding shares of common stock have been repurchased. Sign up for your complimentary research report on NMFC at:
Shares in New York-based PennantPark Investment Corp. recorded a trading volume of 205,079 shares. The stock ended at $7.74, up 0.39% from the last trading session. The Company's shares have gained 6.22% in the previous three months and 1.04% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.30% and 13.62%, respectively. Furthermore, shares of PennantPark Investment, which invests in the form of mezzanine debt, senior secured loans, and equity investments, have an RSI of 53.58.
On January 10th, 2017, PennantPark Investment announced that it will report results for the first fiscal quarter ended December 31st, 2016 on February 08th, 2017, after the close of the financial markets. The Company will host a conference call at 10:00 a.m. ET on February 09th, 2017 to discuss its financial results. Register for free on Stock-Callers.com and download the latest research report on PNNT at:
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SOURCE Chelmsford Park SA