PennantPark Investment Corporation (NASDAQ:PNNT) Weekly Ratings as of Jun 29, 2018

June 29, 2018 - By Susanne Funderburg

Big Money Sentiment decreased to 1.15 in Q1 2018. It has change of 0.03, from 2017Q4’s 1.18. The ratio fall due to PennantPark Investment Corporation positioning: 12 sold and 28 reduced. 12 funds acquired positions and 34 increased positions. Investors holded 26.98 million in 2017Q4 but now own 28.25 million shares or 4.67% more.
West Family Investments holds 1.7% in PennantPark Investment Corporation (NASDAQ:PNNT) or 963,557 shs. Stephens Ar invested in 13,798 shs or 0% of the stock. Trexquant Invest Ltd Partnership accumulated 48,454 shs. Citigroup holds 98,049 shs or 0% of its capital. Exane Derivatives accumulated 0% or 2,862 shs. Susquehanna Intll Llp holds 22,885 shs. Mackenzie Fincl reported 120,539 shs or 0% of all its holdings. Tower Rech Cap Lc (Trc) reported 10,407 shs. Commercial Bank Of America Corp De stated it has 0% in PennantPark Investment Corporation (NASDAQ:PNNT). Aperio invested 0.01% of its capital in PennantPark Investment Corporation (NASDAQ:PNNT). Goldman Sachs holds 0% or 16,777 shs. Jpmorgan Chase Company stated it has 2.27M shs. Shell Asset Mngmt holds 0.02% or 135,606 shs. Great West Life Assurance Can accumulated 18,838 shs or 0% of the stock. Confluence Inv Mngmt Ltd Limited Liability Company has 920,659 shs.

PennantPark Investment Corporation (NASDAQ:PNNT) Ratings Coverage

A total of 3 analysts rate Pennantpark Investment Corp (NASDAQ:PNNT) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NASDAQ:PNNT) has 3 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Friday, February 9 the firm has “Buy” rating given by Ladenburg Thalmann. On Friday, January 19 Jefferies maintained PennantPark Investment Corporation (NASDAQ:PNNT) rating. Jefferies has “Hold” rating and $7.0 target. The company rating was maintained by Keefe Bruyette & Woods on Thursday, February 8. Listed here are PennantPark Investment Corporation (NASDAQ:PNNT) PTs and latest ratings.

09/02/2018 Broker: Ladenburg Thalmann Old Rating: Neutral New Rating: Buy Upgrade
08/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $7.5 Maintain
19/01/2018 Broker: Jefferies Rating: Hold New Target: $7.0 Maintain

The stock increased 0.14% or $0.01 during the last trading session, hitting $6.96.Currently PennantPark Investment Corporation is downtrending after 1.87% change in last June 29, 2017. PNNT has 34,146 shares volume. PNNT underperformed by 14.44% the S&P500.

PennantPark Investment Corporation specializes in direct and mezzanine investments in middle market companies.The firm is valued at $494.58 million. It invests in the form of mezzanine debt, senior secured loans, and equity investments.8.02 is the P/E ratio. The fund typically invests in building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, gas and oil, media, environmental services, aerospace and defense, manufacturing industries and retail.

More recent PennantPark Investment Corporation (NASDAQ:PNNT) news were posted by Investorplace.com, Seekingalpha.com and Seekingalpha.com. The first one has “Top 3 Dividend Stocks Under $10” as a title and was posted on June 14, 2018. The next is “TCG BDC Inc.: 9% Dividend Yield With Upside For Rising Interest Rates” on June 01, 2018. And last was posted on June 20, 2018, called “Upcoming Book Value Declines For This Higher Yielding BDC?”.

PennantPark Investment Corporation (NASDAQ:PNNT) Institutional Investors Chart

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