Intercontinental Exchange, Inc. (ICE) Forms $74.15 Double Top; Ares Management Lowered By $1.82 Million Its Solar Capital LTD (SLRC) Position

Ares Management Llc decreased Solar Capital Ltd (SLRC) stake by 26.23% reported in 2017Q3 SEC filing. Ares Management Llc sold 86,827 shares as Solar Capital Ltd (SLRC)’s stock declined 2.85%. The Ares Management Llc holds 244,190 shares with $5.32 million value, down from 331,017 last quarter. Solar Capital Ltd now has $871.42M valuation. The stock decreased 0.82% or $0.17 during the last trading session, reaching $20.62. About 16,661 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has risen 18.52% since March 15, 2017 and is uptrending. It has outperformed by 1.82% the S&P500.

Intercontinental Exchange, Inc. (ICE) formed double top with $78.60 target or 6.00% above today’s $74.15 share price. Intercontinental Exchange, Inc. (ICE) has $43.18 billion valuation. The stock decreased 0.22% or $0.16 during the last trading session, reaching $74.15. About 199,334 shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 13.80% since March 15, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.10, from 1.23 in 2017Q2. It fall, as 13 investors sold SLRC shares while 27 reduced holdings. 12 funds opened positions while 37 raised stakes. 24.73 million shares or 0.34% more from 24.65 million shares in 2017Q2 were reported. Moreover, Sigma Planning has 0.02% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 13,822 shares. Hbk LP holds 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 11,545 shares. Hightower Advisors Limited Liability Company accumulated 31,346 shares. Confluence Invest Mngmt Ltd Llc reported 0.2% stake. Eagle Glob Advsrs Ltd Llc reported 14,439 shares. Macquarie Grp accumulated 0% or 9,685 shares. Wellington Management Llp stated it has 5.88M shares or 0.03% of all its holdings. Morgan Stanley stated it has 0% in Solar Capital Ltd. (NASDAQ:SLRC). Pinebridge Investments Lp stated it has 21,853 shares. Huntington Bancorp stated it has 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Grp Ag has invested 0.56% in Solar Capital Ltd. (NASDAQ:SLRC). Panagora Asset Management holds 431 shares. Van Eck Associate holds 0.02% or 221,726 shares. 33,159 are owned by Ig Inv Mngmt Ltd. Numeric Investors Ltd owns 120,520 shares.

Among 8 analysts covering Solar Capital (NASDAQ:SLRC), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Solar Capital had 16 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, January 12, the company rating was upgraded by Wood. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 4. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, August 2. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Buy” rating by Ladenburg Thalmann on Thursday, August 6. Citigroup maintained the stock with “Neutral” rating in Wednesday, March 30 report. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Buy” rating by Deutsche Bank on Thursday, February 25. The stock has “Buy” rating by DA Davidson on Wednesday, September 30. Ladenburg Thalmann downgraded the shares of SLRC in report on Friday, February 24 to “Neutral” rating. Ladenburg Thalmann upgraded Solar Capital Ltd. (NASDAQ:SLRC) on Monday, November 6 to “Buy” rating. The stock has “Buy” rating by National Securities on Wednesday, August 5.

Ares Management Llc increased Peabody Energy Corp stake by 32,453 shares to 88,148 valued at $2.56 million in 2017Q3. It also upped Triangle Capital Corp (NYSE:TCAP) stake by 49,404 shares and now owns 454,860 shares. Ladder Cap Corp (NYSE:LADR) was raised too.

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on May, 1. They expect $0.44 earnings per share, up 12.82% or $0.05 from last year’s $0.39 per share. SLRC’s profit will be $18.59 million for 11.72 P/E if the $0.44 EPS becomes a reality. After $0.44 actual earnings per share reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.23, from 1.05 in 2017Q2. It improved, as 32 investors sold Intercontinental Exchange, Inc. shares while 233 reduced holdings. 82 funds opened positions while 197 raised stakes. 501.06 million shares or 0.97% less from 505.99 million shares in 2017Q2 were reported. Alpha Cubed Limited Liability Company owns 36,065 shares for 0.37% of their portfolio. Laurel Grove Cap Ltd Liability Com reported 17,900 shares. Williams Jones Associate Ltd Llc owns 39,060 shares. Franklin Resource has invested 0.13% in Intercontinental Exchange, Inc. (NYSE:ICE). Nuveen Asset Management Ltd Limited Liability Company owns 25,909 shares. Caisse De Depot Et Placement Du Quebec invested in 50,950 shares or 0.01% of the stock. Dnb Asset Mgmt As invested in 192,430 shares or 0.18% of the stock. Univest Of Pennsylvania owns 63,519 shares or 1.84% of their US portfolio. Armstrong Shaw Associates Incorporated Ct, Connecticut-based fund reported 55,147 shares. California State Teachers Retirement Systems has 1.00M shares for 0.15% of their portfolio. Bancshares holds 26,552 shares. Manchester Capital Mngmt Ltd Com holds 0.02% or 2,290 shares in its portfolio. Bank Of The West reported 0.29% in Intercontinental Exchange, Inc. (NYSE:ICE). Advsr Asset Mngmt accumulated 0.09% or 76,117 shares. Mirae Asset Glob Investments Limited holds 0.12% or 98,641 shares.

Among 19 analysts covering Intercontinental Exchange (NYSE:ICE), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Intercontinental Exchange has $314 highest and $60 lowest target. $160.58’s average target is 116.56% above currents $74.15 stock price. Intercontinental Exchange had 66 analyst reports since August 6, 2015 according to SRatingsIntel. Wood maintained the shares of ICE in report on Friday, March 24 with “Buy” rating. The rating was reinitiated by Goldman Sachs with “Buy” on Tuesday, January 5. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Buy” rating given on Tuesday, February 20 by J.P. Morgan. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Buy” rating given on Monday, August 14 by RBC Capital Markets. As per Thursday, October 19, the company rating was maintained by Citigroup. The company was maintained on Monday, September 18 by RBC Capital Markets. The stock has “Outperform” rating by Wood on Friday, April 8. The company was maintained on Thursday, April 13 by Wood. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, March 31. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, June 16 report.