Were Analysts Bullish THL Credit, Inc. (NASDAQ:TCRD) This Week?

August 9, 2018 - By Jack Shaw

Investors sentiment increased to 1.27 in 2018 Q1. Its up 0.30, from 0.97 in 2017Q4. It is positive, as 8 investors sold THL Credit, Inc. shares while 18 reduced holdings. 11 funds opened positions while 22 raised stakes. 12.21 million shares or 1.93% more from 11.98 million shares in 2017Q4 were reported.
Kempner Cap Management has 11,900 shares. Goldman Sachs Group Inc holds 0% or 14,087 shares in its portfolio. Legal & General Grp Inc Public Limited Company has 118,856 shares. Van Eck Assoc owns 229,367 shares. Freestone Capital Limited Liability Co holds 312,093 shares. Shikiar Asset Management Incorporated invested 0.65% of its portfolio in THL Credit, Inc. (NASDAQ:TCRD). Cs Mckee L P reported 100,000 shares. Moreover, Manufacturers Life Ins Com The has 0% invested in THL Credit, Inc. (NASDAQ:TCRD) for 1,057 shares. Mackenzie stated it has 0% in THL Credit, Inc. (NASDAQ:TCRD). Athena Capital Ltd Liability has 0.58% invested in THL Credit, Inc. (NASDAQ:TCRD). D E Shaw And accumulated 52,388 shares or 0% of the stock. Janney Montgomery Scott Limited Liability has 0% invested in THL Credit, Inc. (NASDAQ:TCRD) for 18,490 shares. Morgan Stanley has 0% invested in THL Credit, Inc. (NASDAQ:TCRD). Stephens Ar owns 23,850 shares or 0.01% of their US portfolio. 798,961 were accumulated by Ares Management Limited Liability Com.

Since March 9, 2018, it had 17 insider buys, and 3 insider sales for $5.54 million activity. Olson Terrence W. had bought 31,671 shares worth $253,690 on Friday, June 15. Flynn Christopher J. also bought $12,336 worth of THL Credit, Inc. (NASDAQ:TCRD) on Monday, March 12. Shares for $8 were bought by Rusnak-Carlson Sabrina. Fellows James R had bought 15,000 shares worth $124,344 on Monday, March 12.

THL Credit, Inc. (NASDAQ:TCRD) Ratings Coverage

Among 4 analysts covering THL Credit (NASDAQ:TCRD), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. THL Credit has $9.5 highest and $9.0 lowest target. $9.17’s average target is 16.96% above currents $7.84 stock price. THL Credit had 4 analyst reports since March 8, 2018 according to SRatingsIntel. Jefferies maintained the shares of TCRD in report on Wednesday, March 7 with “Hold” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $9.0 target in Wednesday, March 7 report. Deutsche Bank maintained THL Credit, Inc. (NASDAQ:TCRD) rating on Thursday, March 8. Deutsche Bank has “Hold” rating and $9.5 target. The stock of THL Credit, Inc. (NASDAQ:TCRD) has “Hold” rating given on Thursday, March 8 by Maxim Group. Below is a list of THL Credit, Inc. (NASDAQ:TCRD) latest ratings and price target changes.

07/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $9.0 Maintain
07/03/2018 Broker: Jefferies Rating: Hold New Target: $9.0 Maintain
08/03/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $10 New Target: $9.5 Maintain
08/03/2018 Broker: Maxim Group Old Rating: Buy New Rating: Hold Downgrade

The stock decreased 0.51% or $0.04 during the last trading session, reaching $7.84. About 132,107 shares traded or 11.32% up from the average. THL Credit, Inc. (NASDAQ:TCRD) has declined 20.63% since August 9, 2017 and is downtrending. It has underperformed by 33.20% the S&P500.

More notable recent THL Credit, Inc. (NASDAQ:TCRD) news were published by: Globenewswire.com which released: “THL Credit Bolsters Direct Lending Team” on August 07, 2018, also Nasdaq.com with their article: “THL Credit Senior Loan Fund Announces Shareholder Approval for THL Credit Advisors LLC to Serve as Sole …” published on August 06, 2018, Nasdaq.com published: “THL Credit Closes Acquisition of Kramer Van Kirk’s Collateral Management Business” on August 01, 2018. More interesting news about THL Credit, Inc. (NASDAQ:TCRD) were released by: Nasdaq.com and their article: “THL Credit Schedules Second Fiscal Quarter 2018 Earnings Release and Conference Call” published on July 11, 2018 as well as Seekingalpha.com‘s news article titled: “13.2% Yield At Risk Of Upcoming Dividend Cut” with publication date: July 25, 2018.

THL Credit, Inc. (NASDAQ:TCRD) Institutional Positions Chart

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