Ares Management LP (NYSE:ARES) Given News Impact Rating of 0.26

News stories about Ares Management (NYSE:ARES) have been gaining positive quite recently, Accern study analysis. Tower Research Capital LLC TRC now owns 9,415 shares of the investment management company's stock valued at $164,000 after buying an additional 5,241 shares during the last quarter. Boyd Watterson Asset Ltd Limited Liability Company Oh holds 0.26% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 29,580 shares.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ARCC. Segall Bryant & Hamill LLC now owns 469,150 shares of the asset manager's stock worth $8,890,000 after buying an additional 359,150 shares in the last quarter.

According to Zacks, "ARES CAPITAL CORPORATION is a specialty finance company that is a closed-end, non-diversified management investment company". Royce & Associates LP boosted its stake in Ares Management L.P.by 1.0% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 690,725 shares of the investment management company's stock valued at $12,005,000 after buying an additional 198,084 shares during the last quarter. Finally, Morgan Stanley boosted its position in Ares Management L.P.by 96.0% in the first quarter. Clearbridge Investments LLC now owns 3,004,000 shares of the investment management company's stock valued at $52,210,000 after buying an additional 725,980 shares during the last quarter. Navellier & Associates Inc acquired a new stake in Ares Management L.P. during the first quarter valued at approximately $299,000.

Lebanon's minister urges probe into Syrian deaths in custody
Choucair said that the government's decision to ask the army to investigate the death of detainees is to maintain transparency. It did not offer evidence to back up its claim and called for an independent investigation.

About Ares Management L.P. (ARES) opened at 18.05 on Friday. Ares Capital has a 52-week low of $13.85 and a 52-week high of $17.87. The corporation has a average recommendation of "Buy" and an average price objective of $20.88. The company has market cap of $2.34 billion.

12/16/2016 - Ares Management L.P. was upgraded to "buy" by analysts at Bank of America Merrill Lynch.

Ares Capital (NASDAQ:ARCC) last issued its earnings results on Wednesday, May 3rd. Ares Management had a net profit margin of 5.65% and a ROE of 35.09%. the business reported sales of $172.05 M for the period end, compared with brokerage expectations of $182.50 M. For the same quarter from the prior fiscal year, the public company disclosed $0.08 Earnings Per Share. on consensus, Brokerage firms anticipate that Ares Management to post $1.81 EPS for the present financial year.

Rank 'em: Who are the biggest NL All-Star snubs?
Kris Bryant's first two years as a Major League Baseball third baseman with the Chicago Cubs has been nothing short of fantastic . The votes are already in for the rosters of the 88th MLB All-Star Game presented by Mastercard.

ARES has been the subject of several research analyst reports. "Takes Position in Ares Management L.P. (NYSE:ARES)" was first reported by BBNS and is the sole property of of BBNS. If you are accessing this news story on another site, it was illegally copied and reposted in violation of U.S. & worldwide copyright and trademark law. The original version of this report can be viewed at https://sportsperspectives.com/2017/07/08/ares-management-l-p-nyseares-given-news-impact-rating-of-0-26.html.

02/27/2017 - Ares Management L.P. had its "buy" rating reiterated by analysts at SunTrust. BMO Capital Markets reaffirmed a "hold" rating and set a $15.00 price target on shares of Ares Capital Corporation in a research report on Tuesday, April 11th. Lastly, Royal Bank Of Canada assumed coverage on stocks of Ares Management in a study note published on early Thur, Jun 29th. They issued a "neutral" rating and a $21.00 price target for the company.

05/11/2017 - Ares Management L.P. was upgraded to "outperform" by analysts at Credit Suisse. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Ares Capital Corporation now has a consensus rating of "Buy" and a consensus price target of $17.94.

22nd Asian Athletics C'ship: India's Muhammed Anas grabs gold
India Tajinder Pal Singh won silver in men's shot put with a throw of 19.41m while Dutee Chand got bronze in the women's 100m. Muhammad Anas (45.77 seconds) clinched top honours in the 400 metres, achieving an Indian one-two with Rajiv Arokia (46.14s).

About Ares Management L.P. Sumitomo Mitsui Asset Communications invested 0.09% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private US middle market companies. It operates through three segments: Credit Group, Private Equity Group and Real Estate Group.

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