Key Research Analysts at KBW Kept the Same their ‘Hold’ rating for Triangle Capital (NYSE:TCAP) Shares Today. Their Target Price Given is $18.0

December 8, 2017 - By Adrian Erickson

 Key Research Analysts at KBW Kept the Same their ‘Hold’ rating for Triangle Capital (NYSE:TCAP) Shares Today. Their Target Price Given is $18.0

Investors sentiment decreased to 1.71 in 2017 Q2. Its down 0.03, from 1.74 in 2017Q1. It dropped, as 9 investors sold Triangle Capital Corporation shares while 22 reduced holdings. 16 funds opened positions while 37 raised stakes. 13.37 million shares or 3.14% more from 12.96 million shares in 2017Q1 were reported.

95,364 were accumulated by Hamilton Point Invest Ltd Com. New York-based Art Advsrs Ltd Liability Com has invested 0.03% in Triangle Capital Corporation (NYSE:TCAP). Deutsche National Bank & Trust Ag has invested 0% in Triangle Capital Corporation (NYSE:TCAP). Moreover, Bancorp Of Nova Scotia has 0% invested in Triangle Capital Corporation (NYSE:TCAP). Buckhead Capital Ltd Liability Com has 0.42% invested in Triangle Capital Corporation (NYSE:TCAP) for 131,025 shares. Parallax Volatility Advisers L P owns 17,194 shares. Greenwich Inv Management Inc invested in 2.56% or 124,598 shares. Carroll Fin Associate has 4,200 shares. State Of New Jersey Common Pension Fund D reported 400,000 shares or 0.03% of all its holdings. Focused Wealth Mgmt has 0% invested in Triangle Capital Corporation (NYSE:TCAP). 124,278 were accumulated by Lmm Ltd. Sigma Planning Corp, a Michigan-based fund reported 10,262 shares. Gemmer Asset Llc has 0.01% invested in Triangle Capital Corporation (NYSE:TCAP) for 1,800 shares. Jolley Asset Ltd, North Carolina-based fund reported 2,340 shares. 48,184 were reported by Allen Inv Management Llc.

Triangle Capital (NYSE:TCAP) Rating Reaffirmed

In an analyst note revealed to clients and investors on 5 October, The Hold rating of Triangle Capital (NYSE:TCAP) shares was restate by KBW, who now has a $18.0 target price on the stock. KBW’s target price would suggest a possible upside of 92.10 % from the last price of the company.

Investors sentiment decreased to 1.71 in 2017 Q2. Its down 0.03, from 1.74 in 2017Q1. It dropped, as 9 investors sold Triangle Capital Corporation shares while 22 reduced holdings. 16 funds opened positions while 37 raised stakes. 13.37 million shares or 3.14% more from 12.96 million shares in 2017Q1 were reported.

95,364 were accumulated by Hamilton Point Invest Ltd Com. New York-based Art Advsrs Ltd Liability Com has invested 0.03% in Triangle Capital Corporation (NYSE:TCAP). Deutsche National Bank & Trust Ag has invested 0% in Triangle Capital Corporation (NYSE:TCAP). Moreover, Bancorp Of Nova Scotia has 0% invested in Triangle Capital Corporation (NYSE:TCAP). Buckhead Capital Ltd Liability Com has 0.42% invested in Triangle Capital Corporation (NYSE:TCAP) for 131,025 shares. Parallax Volatility Advisers L P owns 17,194 shares. Greenwich Inv Management Inc invested in 2.56% or 124,598 shares. Carroll Fin Associate has 4,200 shares. State Of New Jersey Common Pension Fund D reported 400,000 shares or 0.03% of all its holdings. Focused Wealth Mgmt has 0% invested in Triangle Capital Corporation (NYSE:TCAP). 124,278 were accumulated by Lmm Ltd. Sigma Planning Corp, a Michigan-based fund reported 10,262 shares. Gemmer Asset Llc has 0.01% invested in Triangle Capital Corporation (NYSE:TCAP) for 1,800 shares. Jolley Asset Ltd, North Carolina-based fund reported 2,340 shares. 48,184 were reported by Allen Inv Management Llc.

Triangle Capital Corporation (NYSE:TCAP) Ratings Coverage

Among 15 analysts covering Triangle Capital (NYSE:TCAP), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Triangle Capital has $25.50 highest and $10.0 lowest target. $18.85’s average target is 101.17% above currents $9.37 stock price. Triangle Capital had 33 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Monday, May 2. Aegis Capital initiated the shares of TCAP in report on Monday, June 26 with “Buy” rating. On Friday, August 7 the stock rating was downgraded by Deutsche Bank to “Hold”. The stock of Triangle Capital Corporation (NYSE:TCAP) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, August 2. The stock has “Hold” rating by Keefe Bruyette & Woods on Sunday, October 22. As per Thursday, November 16, the company rating was downgraded by Jefferies. The stock has “Outperform” rating by Robert W. Baird on Monday, August 28. The rating was maintained by Robert W. Baird with “Outperform” on Friday, November 3. Jefferies maintained the shares of TCAP in report on Wednesday, September 6 with “Buy” rating. The firm earned “Market Perform” rating on Wednesday, June 29 by Raymond James.

The stock increased 1.30% or $0.12 during the last trading session, reaching $9.37. About 524,613 shares traded. Triangle Capital Corporation (NYSE:TCAP) has risen 2.36% since December 8, 2016 and is uptrending. It has underperformed by 14.34% the S&P500.

Analysts await Triangle Capital Corporation (NYSE:TCAP) to report earnings on February, 28. They expect $0.34 EPS, down 19.05 % or $0.08 from last year’s $0.42 per share. TCAP’s profit will be $16.23M for 6.89 P/E if the $0.34 EPS becomes a reality. After $0.36 actual EPS reported by Triangle Capital Corporation for the previous quarter, Wall Street now forecasts -5.56 % negative EPS growth.

Triangle Capital Corporation is a business development firm specializing in private equity and mezzanine investments. The company has market cap of $447.33 million. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It currently has negative earnings. The firm prefers to make investments in many business sectors including manufacturing, distribution, transportation, energy, communications, health services, restaurants, media, and others.

More notable recent Triangle Capital Corporation (NYSE:TCAP) news were published by: Businesswire.com which released: “Robbins Arroyo LLP: Triangle Capital Corporation (TCAP) Misled Shareholders …” on December 02, 2017, also Globenewswire.com with their article: “Pomerantz Law Firm Announces the Filing of a Class Action against Triangle …” published on November 28, 2017, Seekingalpha.com published: “Identifying Risk In BDCs: Triangle Capital Corp.” on November 28, 2017. More interesting news about Triangle Capital Corporation (NYSE:TCAP) were released by: Bizjournals.com and their article: “Triangle Capital Corporation execs, former CEO named in 2 class action suits” published on November 30, 2017 as well as Bizjournals.com‘s news article titled: “Cover Story: Unchartered waters for Triangle Capital” with publication date: November 17, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: