Prospect Capital Corp $ 4.69 0.01 (0.11%)
PSEC News and Headlines - Prospect Capitalrp
The following six stocks have low price-earnings ratios and have recently been bought by gurus. While some of them are great investments, others need to be checked again, according to the discounted cash flow calculator.
With a market cap of $5.41 billion, MKS Instruments Inc. (MKSI) is trading with a price-earnings ratio of 14.4. According to the DCF calculator, the stock has a fair value of $73.63 while trading at $99.10. The stock price has risen 38% over the last 12 months and is currently 21.19% below its 52-week high and 53.41% above its 52-week low.
The largest Insider Buys this week were for Corporate Office Properties Trust (OFC), Omega Healthcare Investors Inc. (OHI), FS Investment Corp. (FSIC), and Prospect Capital Corp. (PSEC).
Corporate Office Properties Trust (OFC): Executive Vice President & COO Paul R. Adkins Bought 10,000 Shares
Executive Vice President & COO Paul R. Adkins bought 10,000 shares of OFC stock on Dec. 21 at the average price of $29.06. The price of the stock has increased by 0.48% since.
Corporate Office Properties Trust is an American real estate investment trust that primarily invests in office buildings concentrated in the suburbs of the Washington,
The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “December 2017” and All Insider Sales to “$5,000,000+.”
According to these filters, company insiders made the following trades this week.
Softbank Group Corp., 10% owner of Sprint Corp. (S), bought 5,095,549 shares for $5.64 per share on Dec. 20.
The telecommunications company has a market cap of $22.48 billion and an enterprise value of $54.45 billion. It has an institutional ownership of 10.78% and insider ownership of
The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “November 2017” and All Insider Sales to “$5,000,000+.”
According to these filters, the following are trades from company insiders this week.
(Published by Bob Ciura on June 14)
Horizon Technology Finance Corp. (HRZN) has a current dividend yield of 10.7%.
It is one of 416 stocks with a 5%-plus dividend yield.
Horizon’s 10%-plus yield towers above most other stocks. The S&P 500 Index, on average, offers just a 2% dividend yield.
With a yield of nearly five times the S&P 500 average, Horizon has lots of appeal for income investors.
Not only does it have a very high dividend yield, but it also makes its payments each month.
Published by Nicholas McCullum on May 20
Business Development Companies – or BDCs, for short – allow investors to generate strong current income and robust total returns while minimizing the amount of tax that is paid at the corporate level.
Despite these advantages, business development companies are generally avoided by investors. This is likely due to the tax implications of their distributions for their shareholders.
More specifically, the dividends of business development companies are composed of returns of capital, qualified dividends, non-qualified dividends, and capital gains. Despite this added headache come tax time, BDCs can still be worthwhile for income
According to GuruFocus Insider Data, the recent chief financial officer (CFO) buys were Noble Midstream Partners LP (NBLX), FB Financial Corp. (FBK) and Prospect Capital Corp. (PSEC).
Noble Midstream Partners CFO bought 7,000 shares
CFO John F. Bookout IV bought 7,000 shares for $22.5 per share on Sept. 20. The price of the stock has increased by 18.84%.
Noble Midstream Partners LP has a market cap of $850.460 million, and its shares were traded around $26.74.
Noble Midstream Partners LP reported revenue of $34.12 million and gross profit of $27.43 million in the second quarter while the net income was
The All-in-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "February 2016."
According to the above filters, the following are the recent buys from company insiders in the past week.
On Feb. 12 and 18, Energy Capital Partners a director and 10% owner of Summit Midstream Partners LP (SMLP), bought 436,394 shares of the company at the price of $15.23 per share. Since then, the price of the stock has risen by 4.4%
If you’ve read my work for any length of time, you know I’m not a major risk taker. In my experience, slow and steady wins the race.
That was my rationale for recommending Prospect Capital (PSEC) in last year’s Best Stockscontest. I reasoned that a diversified private equity portfolio trading at a deep discount to book value was a low-risk investment with a high probability of generating a market-beating return. Between a return to book value and the high dividend, I expected total returns of as high as 40% within 12 to 18 months.
Well, we didn’t quite get
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:
Prospect Capital: CEO John F. Barry bought 2,805,500 shares
Prospect Capital Corp. (PSEC) CEO John F. Barry bought 2,805,500 shares during the past week at an average price of $7.29. Prospect Capital was incorporated on April 13, 2004 in Maryland. Prospect Capital has a market cap of $2.59 billion; its shares were traded at around $7.29 with a P/E ratio of 9.00 and P/S ratio of 3.31. The
According to GuruFocus Insider Data, the recent CFO buys were: NRG Energy Inc. (NRG), Prospect Capital Corp (PSEC), and Energy Transfer Equity LP (ETE).
NRG Energy Inc.: EVP and CFO Kirkland B. Andrews bought 10,000 shares
On Dec. 7, Andrews bought 10,000 shares at an average price of $8.94 per share. The price of the stock has increased by 13.42%. NRG Energy Inc. has a market cap of $3.19 billion and its shares were traded at around $10.14. The company has a P/S ratio of 0.22 with a dividend yield of 5.72%. Over the past 10 years, NRG Energy Inc.
Money talks. Actions speak louder than words. Therefore, actions involving money speak especially loudly.
That’s why it pays to keep an eye on what top corporate executives do with their own money. If they invest in their own company’s shares, rather than buying (another) vacation home, that can be a meaningful bullish sign.
At Barnes & Noble Inc. (BKS), founder and executive chairman Leonard Riggio recently spent more than $12 million to increase his stake in the company. He bought a million shares in September and now owns 11.6 million shares worth about $152 million at the recent price of
Has the stock correction mostly run its course? Or are we in the early stages of a bear market? Frankly, I have no idea. There’s really no way to reliably know ahead of time. Popular bear-market indicators like the “death cross” have a mixed record at best, and strategies that reliably avoid bear markets also unfortunately tend to miss the most profitable parts of bull markets too.
If your portfolio returns depend entirely on selling to a greater fool, then this is a perilous time to be in the market. I wouldn’t want to own a highflying momentum darling
At the end of the second quarter of 2015, the hedge fund American Financial Group Inc reported a total value of its portfolio of $1.2 billion with a decline of 2.04% since the previous quarter.
During the Q2 2015, the hedge fund bought 10 new stocks and increased five of its stakes. The following are the most heavily weighted buys during the quarter.
It bought shares of Arlington Asset Investment Corp (AI) with an impact of 1.02% on its portfolio. The company is an investment firm that acquires and holds mortgage-related and
“Price is what you pay. Value is what you get”
“Price” and “value” are often two very different things. Though a single share cost more than $200,000, Buffett’s Berkshire Hathaway (BRK-A) is considered a value stock by many. Yet Twitter (TWTR), which trades hands for just $35 per share, is often called a bubble stock.
Yet low-priced stocks are a hunting ground for some very smart, very successful investors. Joel Tillinghast, manager of the Fidelity Low-Priced Stock Fund (FLPSX), is one of the most successful fund managers of his generation, and he invest
Part of my job as an advisor is helping my clients sort out their finances. But even though I do this professionally, I sometimes have a hard time sorting out my own finances because my expenses are out of sync with my income. My regular expenses tend to be monthly, whereas my income is mostly paid quarterly.
That’s always been a major source of frustration to me, and it is no doubt a major source of frustration to millions of retirees living off of their investments. Bonds generally pay interest just twice per year, and most companies pay dividends quarterly.
Prospect Capital Corporation (PSEC) may very well be the most hated stock on Wall Street.
And I say this as an investor with skin in the game. Not only am I long Prospect Capital both personally and in client accounts, I also have reputational capital at risk: I chose Prospect Capital as my entry in InvestorPlace’s Best Stocks for 2015 contest. As of this writing, I am suffering the humiliation of being in seventh place.
So, just how hated is Prospect Capital these days?
The stock is down 34% from its 52-week high and trades at a 30%
According to GuruFocus list of 3-year lows, Gol Intelligent Airlines Inc, Prospect Capital Corporation, AllianceBernstein Global High Income Fund Inc, and Medley Capital Corp have all reached their 3-year lows.
Gol Intelligent Airlines Inc (GOL) Reached $2.40
The prices of Gol Intelligent Airlines Inc (GOL) shares have declined to $2.40, which is 69.9% off the 3-year high of $7.67.
Gol Intelligent Airlines Inc has a market cap of $12.42 billion; its shares were traded at around $2.40 with and P/S ratio of 0.20.
Prospect Capital Corporation (PSEC) Reached $8.42
The prices of Prospect Capital Corporation (PSEC) shares have
I entered InvestorPlace’s Best Stocks for 2015 contest with business development company Prospect Capital (PSEC). With 2015 getting off to a rocky start, I’m feeling good about my focus on income and deep value. Prospect Capital sports a 12% dividend yield and trades for just 80% of book value. For Prospect to simply return to book value, we’d be looking at 25% returns. Add in the 12% dividend, and we’re looking at 37% returns. Chip in any special dividends–which management says is a distinct possibility–or any growth in book value, and we’re looking at returns north of 40%.
In October, I wrote that mortgage REIT dividends had stabilized and that many were trading below book value. As we enter 2015 much the same way we entered 2014–with fears of rising rates and an overheated stock market–I wanted to revisit the table I prepared in my October comprehensive portfolio review.
|REIT||Ticker||Weight||Book Value||Market Price||Discount / Premium||Yield|
|American Capital Agency||AGNC||12.92%||$22.08||$25.57||1.16||11.80%|
|Starwood Property Trust||STWD||8.41%||$17.31||$23.20||1.34||8.20%|
|Northstar Realty Finance||NRF||6.84%||$10.06||$17.70||1.76||9.10%|
459 Views Charles Sizemore 2015-01-06 14:09