Cadence Capital Management Increased Its Napco Sec Technologies (NSSC) Holding; Ares Commercial Real Estate (ACRE) Had 3 Bullish Analysts

October 13, 2017 - By Jacob Smith

Cadence Capital Management Llc increased Napco Sec Technologies Inc (NSSC) stake by 72.47% reported in 2017Q2 SEC filing. Cadence Capital Management Llc acquired 46,416 shares as Napco Sec Technologies Inc (NSSC)’s stock declined 0.56%. The Cadence Capital Management Llc holds 110,461 shares with $1.04M value, up from 64,045 last quarter. Napco Sec Technologies Inc now has $193.18 million valuation. It closed at $10.25 lastly. It is down 53.71% since October 13, 2016 and is uptrending. It has outperformed by 37.01% the S&P500.

Among 7 analysts covering Ares Commercial Real Estate (NYSE:ACRE), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Ares Commercial Real Estate had 13 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Monday, August 7 by JMP Securities. On Thursday, August 11 the stock rating was maintained by Citigroup with “Buy”. As per Friday, October 6, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of ACRE in report on Wednesday, June 7 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, August 17. The firm has “Market Perform” rating given on Friday, August 5 by Keefe Bruyette & Woods. The stock of Ares Commercial Real Estate Corp (NYSE:ACRE) has “Outperform” rating given on Tuesday, November 22 by FBR Capital. The rating was downgraded by Bank of America on Thursday, December 15 to “Underperform”. See Ares Commercial Real Estate Corp (NYSE:ACRE) latest ratings:

06/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $13.75 Maintain
17/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $13.75 Maintain
07/08/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $15 New Target: $14.5 Maintain
12/06/2017 Broker: Credit Suisse Rating: Hold New Target: $14.0000
07/06/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $13.7500 Maintain

Investors sentiment increased to 2.79 in Q2 2017. Its up 1.10, from 1.69 in 2017Q1. It increased, as 8 investors sold NSSC shares while 6 reduced holdings. 21 funds opened positions while 18 raised stakes. 5.42 million shares or 24.43% more from 4.36 million shares in 2017Q1 were reported. Legal & General Grp Public Ltd stated it has 1,714 shares. Gamco Et Al reported 16,600 shares. New York-based Amer Intl Grp Inc Inc has invested 0% in Napco Security Technologies Inc (NASDAQ:NSSC). Commonwealth Equity Svcs Incorporated invested in 17,608 shares. Geode Limited Liability Company reported 52,167 shares. Wedge Cap Management L Lp Nc has 0% invested in Napco Security Technologies Inc (NASDAQ:NSSC). Envestnet Asset Mgmt has invested 0% in Napco Security Technologies Inc (NASDAQ:NSSC). Bridgeway Cap Mngmt reported 192,326 shares. California Public Employees Retirement Systems has invested 0% of its portfolio in Napco Security Technologies Inc (NASDAQ:NSSC). Price T Rowe Associates Incorporated Md holds 15,548 shares or 0% of its portfolio. Wells Fargo And Mn reported 0% stake. Raffles Assoc Lp has invested 1.46% in Napco Security Technologies Inc (NASDAQ:NSSC). Perritt Cap Mngmt holds 40,000 shares or 0.1% of its portfolio. 85,333 were accumulated by State Bank Of Mellon Corporation. California State Teachers Retirement Sys accumulated 0% or 21,100 shares.

Cadence Capital Management Llc decreased Abbott Labs (NYSE:ABT) stake by 22,027 shares to 181,050 valued at $8.80M in 2017Q2. It also reduced United Parcel Service Inc (NYSE:UPS) stake by 29,114 shares and now owns 88,579 shares. Aflac Inc (NYSE:AFL) was reduced too.

Among 2 analysts covering NAPCO Security Technologies (NASDAQ:NSSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NAPCO Security Technologies had 6 analyst reports since September 9, 2015 according to SRatingsIntel. The stock of Napco Security Technologies Inc (NASDAQ:NSSC) has “Buy” rating given on Wednesday, July 12 by Canaccord Genuity. The firm has “Buy” rating given on Wednesday, July 19 by Canaccord Genuity. On Thursday, August 10 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock has “Buy” rating by Benchmark on Thursday, January 12.

It closed at $13.56 lastly. It is down 14.17% since October 13, 2016 and is uptrending. It has underperformed by 2.53% the S&P500.

Since May 8, 2017, it had 2 buys, and 0 selling transactions for $525,029 activity. 30,000 shares were bought by Arougheti Michael J, worth $394,664 on Monday, May 8. $130,365 worth of Ares Commercial Real Estate Corp (NYSE:ACRE) was bought by Rosen Robert L on Wednesday, May 10.

Ares Commercial Real Estate Corporation is a specialty finance company. The company has market cap of $387.58 million. The Firm is primarily engaged in originating and investing in commercial real estate loans and related investments. It has a 14 P/E ratio. The Firm operates through principal lending segment.

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