Published On: Thu, Mar 17th, 2016

Fifth Street Asset Management Inc. (NASDAQ:FSAM) To Report Earnings

Analysts await Fifth Street Asset Management Inc. (NASDAQ:FSAM) to report earnings on Mar, 17 for the fiscal quarter ending Dec 2015.

They expect $0.18 EPS, down 44.44% or $0.08 from last year’s $0.26 per share.

At the moment 4 analysts are watching Fifth Street Asset Management Inc. (NASDAQ:FSAM), 1 rate it “Buy”, 0 “Outperform”, 3 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Mar-16, 4 analysts have a mean sales target of 23.17 million. For the quarter ending Jun-16, 4 analysts have a mean sales target of 23.14 million whilst for the year ending Dec-16, 5 analysts have a mean target of 95.60 million.

In terms of earnings per share, 5 analysts have a 0.16 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 5 analysts have a 0.16 EPS mean target and for the quarter ending Jun-16 there are 5 estimates of 0.63 EPS.

The biggest institutional shareholders in Fifth Street Asset Management Inc. include Philadelphia Financial Mgmt Of San Franc which owns 598 K million shares in the company valued at $7.81 million. Greenlight Capital, Inc is the second biggest holder with 592 K million shares currently valued at 1.93 million whilst Springhouse Capital Lp. has 575 K million shares valued at 1.21 million.

Total shares held by institutions as of the most recent company filings are 3,677,639 with a reported 49,367 bought and 397,387 sold. These holdings make up 7.57% of the company’s outstanding shares.

Currently insiders hold 193,500 shares in the business which makes up 0.40% of shares. The biggest holder currently is Todd Owens who owns 100,000 shares (0.21% of those outstanding), whilst Frank C. Meyer holds 61,000 (0.13% of shares outstanding) and Mr. Wayne Cooper holds 10,000 (0.02% of shares outstanding).

The stock increased 2.88% or $0.09 during the last trading session, hitting $5.00. Fifth Street Asset Management Inc. (NASDAQ:FSAM) has fallen 43.4% over the past 6 months and is downtrending.

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