Ares Management Raised Its Stellus Capital Investment (SCM) Position; Shorts at Bankwell Financial Group (BWFG) Lowered By 10.61%

December 7, 2017 - By Stephen Andrade

Ares Management Llc increased Stellus Capital Investment Corp (SCM) stake by 76.96% reported in 2017Q2 SEC filing. Ares Management Llc acquired 147,406 shares as Stellus Capital Investment Corp (SCM)’s stock rose 0.57%. The Ares Management Llc holds 338,937 shares with $4.65 million value, up from 191,531 last quarter. Stellus Capital Investment Corp now has $199.16M valuation. The stock decreased 0.72% or $0.09 during the last trading session, reaching $12.49. About 98,301 shares traded. Stellus Capital Investment Corporation (NYSE:SCM) has risen 41.16% since December 7, 2016 and is uptrending. It has outperformed by 24.46% the S&P500.

Bankwell Financial Group Incorporated (NASDAQ:BWFG) had a decrease of 10.61% in short interest. BWFG’s SI was 32,000 shares in December as released by FINRA. Its down 10.61% from 35,800 shares previously. With 16,600 avg volume, 2 days are for Bankwell Financial Group Incorporated (NASDAQ:BWFG)’s short sellers to cover BWFG’s short positions. The SI to Bankwell Financial Group Incorporated’s float is 0.6%. The stock decreased 0.77% or $0.27 during the last trading session, reaching $34.85. About 10,528 shares traded. Bankwell Financial Group, Inc. (NASDAQ:BWFG) has risen 54.83% since December 7, 2016 and is uptrending. It has outperformed by 38.13% the S&P500.

Investors sentiment increased to 2.2 in 2017 Q2. Its up 1.00, from 1.2 in 2017Q1. It is positive, as 4 investors sold SCM shares while 6 reduced holdings. 9 funds opened positions while 13 raised stakes. 3.73 million shares or 34.91% more from 2.76 million shares in 2017Q1 were reported. Ares Ltd Liability Corp invested in 0.11% or 338,937 shares. Muzinich Com stated it has 707,551 shares or 0.85% of all its holdings. 171,068 were accumulated by Millennium Mngmt Lc. Qs Invsts Ltd Liability Company invested 0% in Stellus Capital Investment Corporation (NYSE:SCM). Blackrock accumulated 87,118 shares. Arrowstreet Capital Limited Partnership stated it has 0% of its portfolio in Stellus Capital Investment Corporation (NYSE:SCM). Bancorporation Of Montreal Can, a Ontario – Canada-based fund reported 180,000 shares. California Pub Employees Retirement reported 0% in Stellus Capital Investment Corporation (NYSE:SCM). Freestone Cap Liability owns 0.26% invested in Stellus Capital Investment Corporation (NYSE:SCM) for 232,002 shares. Deutsche Bankshares Ag accumulated 1,200 shares or 0% of the stock. 12,508 are held by Goldman Sachs Incorporated. Wfg Advisors Lp accumulated 500 shares or 0% of the stock. Lakeview Ptnrs Lc has 0.19% invested in Stellus Capital Investment Corporation (NYSE:SCM) for 16,500 shares. Raymond James And Associate invested in 81,783 shares. Moreover, Advsrs Asset Mngmt Incorporated has 0.15% invested in Stellus Capital Investment Corporation (NYSE:SCM).

Among 7 analysts covering Stellus Capital (NYSE:SCM), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Stellus Capital had 15 analyst reports since August 10, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of SCM in report on Friday, August 4 with “Buy” rating. Keefe Bruyette & Woods maintained Stellus Capital Investment Corporation (NYSE:SCM) rating on Friday, November 10. Keefe Bruyette & Woods has “Hold” rating and $14.0 target. The rating was upgraded by Raymond James on Tuesday, April 11 to “Outperform”. The firm has “Neutral” rating by Robert W. Baird given on Thursday, July 14. Keefe Bruyette & Woods maintained it with “Hold” rating and $14.5000 target in Wednesday, May 31 report. Keefe Bruyette & Woods maintained Stellus Capital Investment Corporation (NYSE:SCM) rating on Sunday, July 23. Keefe Bruyette & Woods has “Hold” rating and $14.5000 target. The rating was initiated by Ladenburg on Monday, September 25 with “Buy”. The rating was initiated by Keefe Bruyette & Woods on Thursday, February 2 with “Mkt Perform”. Robert W. Baird maintained Stellus Capital Investment Corporation (NYSE:SCM) on Friday, November 10 with “Hold” rating. The rating was upgraded by Robert W. Baird to “Outperform” on Wednesday, January 20.

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