THL Credit Inc (NASDAQ:TCRD) Institutional Investors Quarterly Sentiment

May 22, 2018 - By Migdalia James

Sentiment for THL Credit Inc (NASDAQ:TCRD)

THL Credit Inc (NASDAQ:TCRD) institutional sentiment increased to 0.97 in 2017 Q4. Its up 0.01, from 0.96 in 2017Q3. The ratio is positive, as 28 investment managers started new or increased positions, while 29 trimmed and sold stakes in THL Credit Inc. The investment managers in our partner’s database now hold: 11.98 million shares, up from 11.74 million shares in 2017Q3. Also, the number of investment managers holding THL Credit Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 21 Increased: 19 New Position: 9.

The stock decreased 0.26% or $0.0201 during the last trading session, reaching $7.7999. About 59,040 shares traded. THL Credit, Inc. (NASDAQ:TCRD) has declined 19.69% since May 22, 2017 and is downtrending. It has underperformed by 31.24% the S&P500.

Analysts await THL Credit, Inc. (NASDAQ:TCRD) to report earnings on August, 2. They expect $0.27 EPS, down 12.90 % or $0.04 from last year’s $0.31 per share. TCRD’s profit will be $8.82M for 7.22 P/E if the $0.27 EPS becomes a reality. After $0.27 actual EPS reported by THL Credit, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

West Family Investments Inc. holds 1.45% of its portfolio in THL Credit, Inc. for 623,713 shares. Shikiar Asset Management Inc owns 236,375 shares or 1% of their US portfolio. Moreover, Buckhead Capital Management Llc has 0.65% invested in the company for 336,642 shares. The New Jersey-based Highlander Capital Management Llc has invested 0.31% in the stock. Ares Management Llc, a California-based fund reported 911,761 shares.

Since January 1, 0001, it had 4 buys, and 3 sales for $900,863 activity.

THL Credit, Inc. (NASDAQ:TCRD) Ratings Coverage

Ratings analysis reveals 0 of THL Credit’s analysts are positive. Out of 4 Wall Street analysts rating THL Credit, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $9.0 while the high is $9.5. The stock’s average target of $9.17 is 17.57% above today’s ($7.7999) share price. TCRD was included in 4 notes of analysts from March 8, 2018. The rating was maintained by Jefferies with “Hold” on Wednesday, March 7. The stock of THL Credit, Inc. (NASDAQ:TCRD) has “Hold” rating given on Thursday, March 8 by Maxim Group. The firm has “Hold” rating by Deutsche Bank given on Thursday, March 8. The firm earned “Hold” rating on Wednesday, March 7 by Keefe Bruyette & Woods.

More important recent THL Credit, Inc. (NASDAQ:TCRD) news were published by: Nasdaq.com which released: “THL Credit Reports First Quarter 2018 Financial Results and Declares a Dividend of $0.27 Per Share” on May 02, 2018, also Globenewswire.com published article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Guidewire Software, THL Credit, Oil States …”, Streetinsider.com published: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” on May 15, 2018. More interesting news about THL Credit, Inc. (NASDAQ:TCRD) was released by: Seekingalpha.com and their article: “THL Credit’s (TCRD) CEO Chris Flynn on Q1 2018 Results – Earnings Call Transcript” with publication date: May 07, 2018.

THL Credit, Inc. (NASDAQ:TCRD) Institutional Positions Chart

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