American Capital Senior Floating, Ltd. (NASDAQ:ACSF) announced a feb 17 dividend on Tuesday, February 7th. Stockholders of record on Friday, February 17th will be given a dividend of 0.097 per share on Thursday, March 2nd. The ex-dividend date is Wednesday, February 15th.
American Capital Senior Floating (NASDAQ:ACSF) traded up 0.40% during midday trading on Tuesday, hitting $12.60. 26,804 shares of the stock traded hands. The stock’s 50-day moving average price is $12.37 and its 200 day moving average price is $11.43. American Capital Senior Floating has a 52 week low of $7.86 and a 52 week high of $12.85.
In related news, CFO John R. Erickson sold 11,000 shares of American Capital Senior Floating stock in a transaction on Friday, December 30th. The shares were sold at an average price of $11.81, for a total value of $129,910.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by insiders.
Separately, Zacks Investment Research raised shares of American Capital Senior Floating from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Tuesday, November 15th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. American Capital Senior Floating has a consensus rating of “Hold” and a consensus price target of $11.25.
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.