Stifel Nicolaus Reiterates a “Buy” Rating on Kimbell Royalty Partners Lp (KRP) and $19.0000 Target, Solar Capital LTD (SLRC)’s Sentiment Is 1.49

July 17, 2017 - By Henry Gaston

Solar Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The company has market cap of $915.82 million. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It has a 9.61 P/E ratio. It invests in privately held the United States middle market companies.

Among 3 analysts covering Kimbell Royalty Partners (KRP), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kimbell Royalty Partners has $23.0 highest and $1900 lowest target. $20.50’s average target is 26.47% above currents $16.21 stock price. Kimbell Royalty Partners had 5 analyst reports since February 28, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Monday, June 19 by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $1900 target in Thursday, July 13 report. On Tuesday, February 28 the stock rating was initiated by Stifel Nicolaus with “Buy”. The firm has “Strong Buy” rating by Raymond James given on Tuesday, February 28. The stock of Kimbell Royalty Partners LP (NYSE:KRP) earned “Outperform” rating by RBC Capital Markets on Tuesday, February 28.

The stock decreased 0.55% or $0.12 on July 14, reaching $21.79. About shares traded. Solar Capital Ltd. (SLRC) has risen 18.52% since July 17, 2016 and is uptrending. It has outperformed by 1.82% the S&P500.

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on August, 1 after the close. They expect $0.41 EPS, down 10.87% or $0.05 from last year’s $0.46 per share. SLRC’s profit will be $17.23M for 13.29 P/E if the $0.41 EPS becomes a reality. After $0.39 actual EPS reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 5.13% EPS growth.

Yorktown Management & Research Co Inc holds 6.21% of its portfolio in Solar Capital Ltd. for 1.18 million shares. Muzinich & Co. Inc. owns 1.26 million shares or 3.45% of their US portfolio. Moreover, Signia Capital Management Llc has 2.8% invested in the company for 92,300 shares. The Illinois-based West Family Investments Inc. has invested 1.76% in the stock. Coe Capital Management Llc, a Illinois-based fund reported 57,620 shares.

Kimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company has market cap of $270.94 million. As of December 31, 2015, the Company owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 0.9 million gross acres, with approximately 44% of its acres located in the Permian Basin. It currently has negative earnings. As of December 31, 2015, the Company’s mineral and royalty interests were located in 20 states and in every onshore basin across the continental United States, and included ownership in over 48,000 gross producing wells, including over 29,000 wells in the Permian Basin.

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