How Analysts Feel About Ares Management, L.P. (ARES) After Today’s Significant Increase?

February 15, 2018 - By Stephen Andrade

Investors sentiment decreased to 1.27 in Q3 2017. 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.
Stifel Finance reported 14,850 shares. 14,155 are held by Clinton Grp. Ejf Cap Ltd Liability Corp has invested 2.11% in Ares Management, L.P. (NYSE:ARES). Gp One Trading Limited Partnership has invested 0% in Ares Management, L.P. (NYSE:ARES). Pnc Gru Incorporated invested in 0% or 155,424 shares. Savings Bank Of America De holds 42,009 shares. California-based Wells Fargo & Com Mn has invested 0% in Ares Management, L.P. (NYSE:ARES). Citigroup invested 0% of its portfolio in Ares Management, L.P. (NYSE:ARES). Sei reported 59,856 shares stake. Gsa Llp accumulated 0.06% or 46,000 shares. 249 are owned by Barclays Public Limited Company. Manufacturers Life Insurance Company The, Ontario – Canada-based fund reported 2,484 shares. Amer Century Cos has 0.02% invested in Ares Management, L.P. (NYSE:ARES). Segall Bryant Hamill Ltd Liability Com holds 484,750 shares or 0.21% of its portfolio. Sterling Capital Mngmt Llc owns 0% invested in Ares Management, L.P. (NYSE:ARES) for 17,000 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 $87.18 million 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. The firm earned “Outperform” rating on Friday, June 30 by RBC Capital Markets. Goldman Sachs initiated it with “Neutral” rating and $20 target in Tuesday, August 11 report. Bank of America downgraded the shares of ARES in report on Wednesday, August 10 to “Neutral” rating. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, January 10 report. Keefe Bruyette & Woods maintained the shares of ARES in report on Friday, May 13 with “Outperform” rating. On Friday, October 14 the stock rating was maintained by Wood with “Outperform”. RBC Capital Markets maintained the shares of ARES in report on Wednesday, October 18 with “Buy” rating. The company was upgraded on Friday, March 24 by Keefe Bruyette & Woods. As per Wednesday, January 25, the company rating was initiated by Credit Suisse. RBC Capital Markets maintained Ares Management, L.P. (NYSE:ARES) rating on Friday, November 3. RBC Capital Markets has “Buy” rating and $22.0 target.

More notable recent Ares Management, L.P. (NYSE:ARES) news were published by: which released: “Ares Management, LP Reports Fourth Quarter and Full Year 2017 Results” on February 15, 2018, also with their article: “Ares Management buys Convergint from KRG” published on February 02, 2018, published: “Ares Management, LP Schedules Earnings Release and Conference Call for the …” on January 22, 2018. More interesting news about Ares Management, L.P. (NYSE:ARES) were released by: and their article: “Ares Management and Redevco’s Iberian Joint Venture Acquires Majority Stake in …” published on February 02, 2018 as well as‘s news article titled: “Ares Management beefs up team with new hire” with publication date: February 12, 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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