Analysts are on the Bearish side about Ares Management, L.P. (NYSE:ARES) this week.

September 16, 2018 - By Mary Kidd

Ares Management, L.P. (NYSE:ARES) LogoInvestors sentiment decreased to 1.9 in Q2 2018. Its down 2.28, from 4.18 in 2018Q1. It fall, as 11 investors sold Ares Management, L.P. shares while 10 reduced holdings. 13 funds opened positions while 27 raised stakes. 35.96 million shares or 47.37% less from 68.32 million shares in 2018Q1 were reported.
Cubist Systematic Strategies Llc has 5,313 shares for 0.01% of their portfolio. Manufacturers Life Ins Company The holds 249,816 shares or 0.01% of its portfolio. Susquehanna Grp Incorporated Llp owns 47,480 shares. Capital Ww Invsts reported 4.92 million shares. Barclays Public Limited Co reported 10,627 shares. Maltese Capital Mgmt Limited Liability Company stated it has 311,500 shares. Boston Advsrs Limited Liability Com holds 0.04% or 81,947 shares. Advisory Network Ltd has invested 0% in Ares Management, L.P. (NYSE:ARES). Hightower Advisors Limited, a Illinois-based fund reported 16,010 shares. Group Hldg Ag stated it has 237,373 shares. Millennium Mngmt Ltd Liability accumulated 798,403 shares. Gator Cap Mgmt Lc invested in 2.73% or 115,487 shares. Alpine Woods has 12,000 shares. Segall Bryant Hamill Ltd owns 504,125 shares. Royal Bank Of Canada reported 40,142 shares.

Ares Management, L.P. (NYSE:ARES) Ratings Coverage

Among 4 analysts covering Ares Management (NYSE:ARES), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Ares Management had 4 analyst reports since April 11, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Tuesday, August 21 by Wells Fargo. The stock has “Neutral” rating by JP Morgan on Monday, July 23. Keefe Bruyette & Woods maintained the shares of ARES in report on Wednesday, April 11 with “Buy” rating. Below is a list of Ares Management, L.P. (NYSE:ARES) latest ratings and price target changes.

21/08/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade
23/07/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $23 Downgrade
01/05/2018 Broker: Oppenheimer Rating: Outperform New Target: $30 Initiates Coverage On
11/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $27.0000 Maintain

The stock increased 1.89% or $0.4 during the last trading session, reaching $21.55. About 486,151 shares traded. Ares Management, L.P. (NYSE:ARES) has risen 15.41% since September 16, 2017 and is uptrending. It has underperformed by 0.21% the S&P500.

Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company has market cap of $4.71 billion. The companyÂ’s Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. It has a 27.31 P/E ratio. The Company’s Direct Lending Group segment provides financing solutions to small-to-medium sized companies.

More important recent Ares Management, L.P. (NYSE:ARES) news were published by: Businesswire.com which released: “Ares Real Estate Group Announces Sale of Stake in Gaylord Rockies Resort & Convention Center” on September 14, 2018, also Themiddlemarket.com published article titled: “M&A wrap: KKR, Henry Kravis, Serena Williams, Daily Harvest, Ares Management”, Seekingalpha.com published: “Ares Management acquires Paradigm Energy Partners” on September 06, 2018. More interesting news about Ares Management, L.P. (NYSE:ARES) was released by: Bizjournals.com and their article: “EPIC Crude Oil Pipeline extends second open season” with publication date: September 14, 2018.

Ares Management, L.P. (NYSE:ARES) Ratings Chart

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