Pennantpark Floating Rate Capital Ltd (NASDAQ:PFLT) is scheduled to be issuing its Q216 quarterly earnings data on Tuesday, November 22nd. Analysts expect the company to announce earnings of $0.30 per share and revenue of $13.01 million for the quarter.

Earnings History for Pennantpark Floating Rate Capital (NASDAQ:PFLT)

Pennantpark Floating Rate Capital Ltd (NASDAQ:PFLT) opened at 13.31 on Friday. Pennantpark Floating Rate Capital Ltd has a one year low of $9.73 and a one year high of $13.65. The firm has a market cap of $355.78 million and a PE ratio of 17.79. The stock has a 50 day moving average of $13.16 and a 200 day moving average of $12.70.

The firm also recently declared a dividend, which will be paid on Thursday, December 1st. Shareholders of record on Friday, November 18th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Wednesday, November 16th.

Separately, Zacks Investment Research lowered shares of Pennantpark Floating Rate Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th.

Several hedge funds have recently bought and sold shares of PFLT. Advisor Group Inc. purchased a new stake in Pennantpark Floating Rate Capital during the second quarter worth about $107,000. D. E. Shaw & Co. Inc. raised its stake in shares of Pennantpark Floating Rate Capital by 13.3% in the third quarter. D. E. Shaw & Co. Inc. now owns 61,056 shares of the company’s stock worth $808,000 after buying an additional 7,167 shares during the period. Two Sigma Advisers LP raised its stake in shares of Pennantpark Floating Rate Capital by 4.2% in the third quarter. Two Sigma Advisers LP now owns 62,823 shares of the company’s stock worth $831,000 after buying an additional 2,532 shares during the period. LPL Financial LLC raised its stake in shares of Pennantpark Floating Rate Capital by 2.4% in the third quarter. LPL Financial LLC now owns 67,392 shares of the company’s stock worth $910,000 after buying an additional 1,553 shares during the period. Finally, HighTower Advisors LLC raised its stake in shares of Pennantpark Floating Rate Capital by 2.2% in the second quarter. HighTower Advisors LLC now owns 97,896 shares of the company’s stock worth $1,213,000 after buying an additional 2,124 shares during the period.

Pennantpark Floating Rate Capital Company Profile

PennantPark Floating Rate Capital Ltd. is a business development company. The Company is a closed-end, externally managed, non-diversified investment company. The Company’s objective is to generate current income and capital appreciation by investing primarily in loans bearing a variable-rate of interest, or Floating Rate Loans, and other investments made to the United States middle-market companies.

5 Day Chart for NASDAQ:PFLT

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