American Capital Ltd. is the only private equity fund and the largest alternative asset management company in the S&P 500. The company has a market cap of $3.11 billion; its shares were traded at around $8.81 with a P/E ratio of 13 and P/S ratio of 5.2. It was founded in 1986.
Malon Wilkus is the founder of American Capital Ltd. He is currently the CEO and chairman of the company and has been president since 2001. He has also headed several other companies, including serving as the vice president and director of marketing at Calvert Securities Corp., president at Working Assets, chairman and director of European Capital Ltd. and others.
Wilkus bought approximately 5,000 shares of American Capital in September of 2010 before purchasing 11,500 shares on June 13, 2011. The value of the shares that he bought in September of 2010 have delivered over 50% in returns.
Sell: CFO and President of Structured Finance John R. Erickson sold 7,170 shares of ACAS stock on 03/29/2011 at the average price of $9.45. Erickson owns at least 798,826 shares after this. The price of the stock has decreased by 6.77% since. There are mixed trades from other insiders.
George Soros owns 888,600 shares as of 03/31/2011, an increase of 2912.2% from the previous quarter. This position accounts for 0.137% of the $6.42 billion portfolio of Soros Fund Management LLC. John Paulson owns 43,725,000 shares as of 03/31/2011, which accounts for 1.26% of the $34.27 billion portfolio of Paulson & Co.
ACAS recently reported its first quarter 2011 results. The company announced net operating income for the quarter ended March 31, 2011, of $83 million, or $0.23 per diluted share. Net earnings for the quarter were $434 million, or $1.21 per diluted share. Net asset value per share increased 12%, or $1.26 per share, from Dec. 31, 2010 to $11.97 as of March 31, 2011.
According to GuruFocus testing, American Capital is not a predictable business, and therefore receives a one star predictability rating.
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