Morgan Stanley cut its stake in American Capital Senior Floating, Ltd. (NASDAQ:ACSF) by 22.6% during the first quarter, Holdings Channel reports. The firm owned 315,742 shares of the asset manager’s stock after selling 92,071 shares during the period. Morgan Stanley’s holdings in American Capital Senior Floating were worth $4,342,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. UBS Group AG raised its stake in American Capital Senior Floating by 23.3% in the first quarter. UBS Group AG now owns 249,256 shares of the asset manager’s stock valued at $3,428,000 after buying an additional 47,024 shares during the period. Ares Management LLC purchased a new position in shares of American Capital Senior Floating during the first quarter valued at $6,531,000. Muzinich & Co. Inc. increased its position in shares of American Capital Senior Floating by 120.4% in the first quarter. Muzinich & Co. Inc. now owns 307,655 shares of the asset manager’s stock valued at $4,230,000 after buying an additional 168,068 shares in the last quarter. Stifel Financial Corp increased its position in shares of American Capital Senior Floating by 21.5% in the first quarter. Stifel Financial Corp now owns 83,254 shares of the asset manager’s stock valued at $1,154,000 after buying an additional 14,737 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of American Capital Senior Floating during the first quarter valued at $1,269,000. Hedge funds and other institutional investors own 35.49% of the company’s stock.

Shares of American Capital Senior Floating, Ltd. (NASDAQ:ACSF) traded down 1.25% on Friday, reaching $11.85. 39,463 shares of the company traded hands. The company has a 50-day moving average of $12.75 and a 200-day moving average of $13.05. American Capital Senior Floating, Ltd. has a 1-year low of $10.55 and a 1-year high of $14.10.

American Capital Senior Floating (NASDAQ:ACSF) last released its quarterly earnings data on Wednesday, May 10th. The asset manager reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. American Capital Senior Floating had a net margin of 119.98% and a return on equity of 6.97%. The company had revenue of $4.61 million during the quarter. On average, equities analysts expect that American Capital Senior Floating, Ltd. will post $1.17 EPS for the current year.

The business also recently announced a monthly dividend, which will be paid on Thursday, November 2nd. Stockholders of record on Monday, October 23rd will be given a $0.097 dividend. The ex-dividend date of this dividend is Friday, October 20th. This represents a $1.16 annualized dividend and a dividend yield of 9.82%. American Capital Senior Floating’s dividend payout ratio (DPR) is 37.30%.

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American Capital Senior Floating Company Profile

American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company. The Company’s investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. It manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States-based companies (collectively, Senior Floating Rate Loans or SFRLs), which are referred to as leveraged loans.

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Institutional Ownership by Quarter for American Capital Senior Floating (NASDAQ:ACSF)

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