Michael Johnston’s Steelhead Partners Llc announced increased Interest in Blackrock Tcp Capital Corp

SC 13G/A SEC report was filed by Steelhead Partners Llc about Blackrock Tcp Capital Corp. And here’s the link: .The filler increased its position in the stock by 4.13 % for 3,297,142 shares.On March 20, 2019 Michael Johnston’s Steelhead Partners Llc has 5.3% of the stock.

After reporting an increase with $1.95 billion of its Blackrock Tcp Capital Corp ownership the hedge fund looks more positive.

The hedge fund is active investor in the Finance sector. In the manager�s latest 13-F, we saw a few other positions. Its 25% of Michael Johnston’s Steelhead Partners Llc�s US portfolio.

Blackrock Tcp Capital Corp Institutional Changes

83 investors own Blackrock Tcp Capital Corp says the latest SEC reports. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By shares it is increased. Institutional investors held 28216856. In total 19 funds opened new Blackrock Tcp Capital Corp stakes, 31 increased stakes. There were 12 that closed positions and 30 reduced them.

The stock take place in the top Ten portfolios of 3 managers. Notable investors are: .

The first, Lubar & Company is owning 76546 shares as of Q3 2017 for 1.44% of its portfolio. The next Yorktown Management & Research Co Inc has 450000 shares or 1.95% of its portfolio. 59900 shares has GA Buckhead Capital Management Llc which is 0.21% of their stock portfolio. Muzinich & Company announced stake worth 4.54% of its US stock portfolio. Further, the 325454 shares are held by NJ Advisors Capital Management Llc. Blackrock Tcp Capital Corp is 0.44% of the manager�s US portfolio.

Michael Johnston’s Steelhead Partners Llc website.

BlackRock TCP Capital Corp. (NASDAQ:TCPC)’s earnings release is anticipated by WallStreet on May, 8, Faxor reports. earnings per share of $0.41 is 10.81 % up from 2018’s $0.37 EPS. This could be $24.09M profit for TCPC assuming the current $0.41 earnings per share will become reality. After $0.40 EPS report previous quarter, Wall Street now sees 2.50 % EPS growth of BlackRock TCP Capital Corp..

TCPC hit $14.2 during the last trading session after $0.06 change.Currently BlackRock TCP Capital Corp. is uptrending after 0.42% change in last March 28, 2018. TCPC has 161,083 shares volume. TCPC underperformed the S&P500 by 3.95%.

BlackRock TCP Capital Corp. is a business development firm specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments.The firm is worth $834.47 million. It seeks to invest in the United States.18.37 is the P/E ratio. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million.

BlackRock TCP Capital Corp. (NASDAQ:TCPC) Ratings Coverage

A total of 2 analysts rate BlackRock TCP Capital (NASDAQ:TCPC) as follows: 2 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. The firm has $18 highest and $16 lowest target. The avg target $17 is 19.72% above the last ($14.2) price. (NASDAQ:TCPC) has 3 ratings reports on 28 Mar 2019 according to StockzIntelligence. On Thursday, October 4 the firm has “Outperform” rating given by Wells Fargo. On Friday, March 1 the firm earned “Buy” rating by Raymond James.

For more BlackRock TCP Capital Corp. (NASDAQ:TCPC) news announced briefly go to: Prnewswire.com, Nasdaq.com, Marketwatch.com, Zacks.com or Seekingalpha.com. The titles are as follows: “BlackRock TCP Capital Corp. Announces Third Quarter 2018 Financial Results Including Net Investment Income Of $0.42 Per Share; Fourth Quarter Dividend Of $0.36 Per Share – PR Newswire” announced on November 08, 2018, “Five 8-10% Yielders That Can Actually Grow Your Portfolio, Too! – Nasdaq” on April 07, 2017, “These niche stocks thrive amid rising rates, and many yield 10% – MarketWatch” with a publish date: December 05, 2018, “Syneos Health (SYNH) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Zacks.com” and the last “10% Yield And 18% Discount To Book: Priced For Upcoming Credit Issues? – Seeking Alpha” with publication date: June 26, 2018.