Business Finance News "Business Insurance Cover Coronavirus, 5e Business Profit, Ahron Levy Columbia Business School, Business Consultant Certification Austin, Business Letter With Logo Example, Business Located Easy Location, Business Platform Stocks, Business Positions Seattle, Business Regulation Legal Services, Daystarr For Business, Dimagi Business Development Toolkit, Do Business Schools Accept Entreprenuers, Enironmentall Friendly Business Ideas, Eric Early Republican Business Owner, Essec Business School Dean, Essential Business To Remain Open, Example Small Business, Fall Winter Business Hours Template, Fdot Woman Owned Business Certification, First Business Women United States, First Com Business, Fixing A Damaged Reputation Business, Florida Business Enforcement, Free Small Business Communication Tool, Law School Business Entity Outlines, Mapping A Business Location, Medical Business Trends Economics, Mix Business And Personal Money, Mlm Nit Small Business Legally, New Business Agency Sales Questions, Patricia Saiki Women'S Business 1990, S Corp Business Deductions, Safety Business Proposal, Sample Business Plan Entrepreneur, School Business Administration Positions, Search Tx Business Llc, Sentextsolutions Business Cards, Signs For Business On Roads, Skype For Business Recording Capacity", Small Business Forums .Net, Small Business Insurancr, Tech Monkey Business, Ttu Business Cards Template, Turbotax Business Nys Forms, Uf Business School General Studies, What Business Hours Macgaffin Bar, Yelp Business .Json, Yelp Tax Attorney Small Business, Your Business Department, Zeus Panda Business Moel Tammy July 27, 2022 0 Comments

Portman Ridge Finance (NASDAQ:PTMN) Upgraded to “B-” at TheStreet

Table of Contents

TheStreet upgraded shares of Portman Ridge Finance (NASDAQ:PTMN – Get Ranking) from a c+ score to a b- ranking in a report released on Thursday early morning, TheStreetRatingsTable studies.

Separately, Oppenheimer commenced protection on shares of Portman Ridge Finance in a report on Tuesday, July 5th. They issued a market complete ranking and a $26.00 focus on rate on the stock.

Portman Ridge Finance Stock Up .9 %

Shares of NASDAQ PTMN opened at $24.38 on Thursday. Portman Ridge Finance has a 1 calendar year reduced of $21.33 and a one calendar year substantial of $25.97. The enterprise has a personal debt-to-equity ratio of 1.25, a present-day ratio of 2.55 and a quick ratio of 2.55. The firm’s 50 working day basic moving typical is $23.00 and its two-hundred working day uncomplicated relocating common is $23.70. The stock has a market capitalization of $236.73 million, a P/E ratio of 9.34 and a beta of .97.

Portman Ridge Finance (NASDAQ:PTMN – Get Rating) past issued its quarterly earnings final results on Tuesday, May perhaps 10th. The firm documented $.82 EPS for the quarter. Portman Ridge Finance experienced a web margin of 28.00% and a return on equity of 15.19%. The organization had revenue of $16.94 million for the quarter. All through the identical quarter in the preceding 12 months, the business gained $1.10 earnings for every share. As a team, analysts assume that Portman Ridge Finance will submit 2.81 EPS for the existing fiscal year.

Portman Ridge Finance Dividend Announcement

The business also lately announced a quarterly dividend, which was compensated on Tuesday, June 7th. Stockholders of record on Tuesday, May well 24th ended up issued a $.63 dividend. This represents a $2.52 annualized dividend and a dividend produce of 10.34%. The ex-dividend date was Monday, May perhaps 23rd. Portman Ridge Finance’s dividend payout ratio is 96.55%.

Institutional Inflows and Outflows

Institutional investors and hedge cash have a short while ago created adjustments to their positions in the organization. Raymond James & Associates bought a new placement in shares of Portman Ridge Finance in the fourth quarter worthy of close to $513,000. Connor Clark & Lunn Expense Management Ltd. boosted its holdings in Portman Ridge Finance by 77.4% in the fourth quarter. Connor Clark & Lunn Financial commitment Administration Ltd. now owns 28,029 shares of the company’s stock valued at $694,000 right after acquiring an supplemental 12,232 shares in the final quarter. Bulldog Traders LLP boosted its holdings in Portman Ridge Finance by 2.7% in the fourth quarter. Bulldog Traders LLP now owns 48,369 shares of the company’s stock valued at $1,198,000 right after obtaining an additional 1,284 shares in the final quarter. Confluence Expenditure Management LLC boosted its holdings in Portman Ridge Finance by 19.1% in the second quarter. Confluence Financial commitment Administration LLC now owns 62,459 shares of the company’s inventory valued at $1,463,000 right after buying an extra 10,011 shares in the final quarter. Last but not least, Advisors Asset Administration Inc. boosted its holdings in Portman Ridge Finance by 30.6% in the initial quarter. Advisors Asset Management Inc. now owns 83,805 shares of the company’s inventory valued at $2,026,000 after getting an supplemental 19,651 shares in the very last quarter. Institutional investors possess 26.29% of the company’s stock.

Portman Ridge Finance Organization Profile

(Get Rating)

Portman Ridge Finance Company is a organization progress corporation specializing in investments in unitranche loans (like past out), initial lien financial loans, next lien financial loans, subordinated personal debt, equity co-financial investment, buyout in center industry corporations. It also can make acquisitions in businesses complementary to the firm’s business enterprise.