Could Ares Management, L.P. (ARES) Change Direction After Today’s Huge Increase?

February 15, 2018 - By reb123z

Investors sentiment decreased to 1.27 in 2017 Q3. Its down 0.29, from 1.56 in 2017Q2. It worsened, as 5 investors sold Ares Management, L.P. shares while 10 reduced holdings. 5 funds opened positions while 14 raised stakes. 11.98 million shares or 4.64% more from 11.45 million shares in 2017Q2 were reported.
Segall Bryant And Hamill Ltd Com owns 484,750 shares. Greenwich Inv Mngmt Inc owns 63,466 shares or 1.52% of their US portfolio. Manufacturers Life Ins The owns 2,484 shares. Susquehanna Int Gru Llp holds 0% or 39,973 shares in its portfolio. Hsbc Holdings Public Limited, a United Kingdom-based fund reported 12,379 shares. Jpmorgan Chase & reported 207,818 shares or 0% of all its holdings. Wells Fargo And Co Mn holds 0% or 626,996 shares. Century Companies owns 0.02% invested in Ares Management, L.P. (NYSE:ARES) for 1.21 million shares. Clinton Gp Inc reported 0.03% of its portfolio in Ares Management, L.P. (NYSE:ARES). Group One Trading Limited Partnership reported 600 shares. 17,000 were accumulated by Sterling Capital Management Ltd Limited Liability Company. 14,897 are held by Dreman Value Mngmt L L C. Morgan Stanley reported 0% of its portfolio in Ares Management, L.P. (NYSE:ARES). Deutsche State Bank Ag holds 0% of its portfolio in Ares Management, L.P. (NYSE:ARES) for 126,000 shares. Barclays Public Ltd Co invested in 0% or 249 shares.

The stock of Ares Management, L.P. (NYSE:ARES) is a huge mover today! The stock increased 12.33% or $2.8 during the last trading session, reaching $25.5. About 205,316 shares traded or 57.50% up from the average. Ares Management, L.P. (NYSE:ARES) has risen 31.82% since February 15, 2017 and is uptrending. It has outperformed by 15.12% the S&P500.
The move comes after 7 months positive chart setup for the $5.42 billion company. It was reported on Feb, 15 by We have $26.78 PT which if reached, will make NYSE:ARES worth $271.10M more.

Analysts await Ares Management, L.P. (NYSE:ARES) to report earnings on February, 23. They expect $0.41 earnings per share, down 6.82 % or $0.03 from last year’s $0.44 per share. ARES’s profit will be $87.18M for 15.55 P/E if the $0.41 EPS becomes a reality. After $0.40 actual earnings per share reported by Ares Management, L.P. for the previous quarter, Wall Street now forecasts 2.50 % EPS growth.

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

Among 10 analysts covering Ares Management (NYSE:ARES), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Ares Management had 31 analyst reports since August 11, 2015 according to SRatingsIntel. On Friday, November 3 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Ares Management, L.P. (NYSE:ARES) has “Outperform” rating given on Friday, April 7 by Wood. On Wednesday, June 14 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The rating was initiated by Goldman Sachs with “Neutral” on Tuesday, August 11. The firm earned “Buy” rating on Wednesday, October 18 by RBC Capital Markets. As per Monday, March 14, the company rating was maintained by Credit Suisse. The stock has “Outperform” rating by Keefe Bruyette & Woods on Friday, March 24. Wood upgraded the shares of ARES in report on Friday, March 24 to “Outperform” rating. Credit Suisse upgraded the shares of ARES in report on Thursday, May 11 to “Outperform” rating. The firm earned “Outperform” rating on Friday, October 14 by Wood.

More notable recent Ares Management, L.P. (NYSE:ARES) news were published by: which released: “Ares Management, LP Schedules Earnings Release and Conference Call for the …” on January 22, 2018, also with their article: “BRIEF-Ares Management To Acquire Convergint Technologies” published on February 02, 2018, published: “Ares Management and Redevco’s Iberian Joint Venture Acquires Majority Stake in …” on February 02, 2018. More interesting news about Ares Management, L.P. (NYSE:ARES) were released by: and their article: “Ares Becomes Litmus Test for Buyout Firms Mulling Tax Change” published on February 15, 2018 as well as‘s news article titled: “Ares Management buys Convergint from KRG” with publication date: February 02, 2018.

Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company has market cap of $5.42 billion. The company??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 45.05 P/E ratio. The Company’s Direct Lending Group segment provides financing solutions to small-to-medium sized companies.

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