Ares Management LP Unit (NYSE:ARES) reported earnings of $0.34 per share missing Walls Streets expectations.

0

Ares Management LP Unit (NYSE:ARES) reported Q2 2018 earnings this Morning, coming in at $0.34 per share, missing Wall Street’s estimates of $0.40 per Share. Revenue for the quarter came in at $204.20 million missing the streets estimates of $320.11 million

Recent Insider Trading for Ares Management LP Unit (NYSE:ARES)

  • On 12/15/2015 Michael R Mcferran, CFO, bought 10,000 with an average share price of $12.76 per share and the total transaction amounting to $127,600.00.
  • On 12/14/2015 Michael D Weiner, EVP, bought 2,000 with an average share price of $12.75 per share and the total transaction amounting to $25,500.00.
  • On 12/11/2015 Michael D Weiner, EVP, bought 3,000 with an average share price of $13.59 per share and the total transaction amounting to $40,770.00.
  • On 12/2/2015 David B Kaplan, Insider, bought 8,025 with an average share price of $14.41 per share and the total transaction amounting to $115,640.25.
  • On 12/1/2015 David B Kaplan, Insider, bought 13,322 with an average share price of $14.14 per share and the total transaction amounting to $188,373.08.
  • On 11/25/2015 Michael J. Arougheti, insider, bought 5,993 with an average share price of $14.11 per share and the total transaction amounting to $84,561.23.



Dividend History for Ares Management LP Unit (NYSE:ARES)

  • On 5/4/2018 Ares Management LP Unit announced a quarterly dividend of $0.28 5.15% with an ex dividend date of 6/14/2018 which will be payable on 6/15/2018.
  • On 2/13/2018 Ares Management LP Unit announced a dividend of $0.0930 with an ex dividend date of 4/13/2018 which will be payable on 4/16/2018.
  • On 2/15/2018 Ares Management LP Unit announced a dividend of $0.40 with an ex dividend date of 2/23/2018 which will be payable on 2/26/2018.
  • On 11/6/2017 Ares Management LP Unit announced a quarterly dividend of $0.41 8.72% with an ex dividend date of 11/16/2017 which will be payable on 11/17/2017.
  • On 8/4/2017 Ares Management LP Unit announced a Quarterly dividend of $0.31 6.81% with an ex dividend date of 8/16/2017 which will be payable on 8/18/2017.
  • On 5/8/2017 Ares Management LP Unit announced a quarterly dividend of $0.13 5.97% with an ex dividend date of 5/18/2017 which will be payable on 5/22/2017.
  • On 2/24/2017 Ares Management LP Unit announced a quarterly dividend of $0.28 4.82% with an ex dividend date of 3/8/2017 which will be payable on 3/10/2017.



About Company
Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. 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. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Recent Analyst Rating for Ares Management LP Unit (NYSE:ARES)

  • On 5/4/2018 quarterly, $0.28, to 5.15% with a price target of 6/14/2018
  • to $0.0930

  • On 4/13/2018 4/16/2018, 4/30/2018 2/15/2018, with a price target of $0.40
  • On 2/23/2018 2/26/2018, 2/28/2018 11/6/2017, to quarterly with a price target of $0.41
  • On 11/16/2017 11/17/2017, 12/1/2017 8/4/2017, to Quarterly with a price target of $0.31
  • On 8/16/2017 8/18/2017, 9/1/2017 5/8/2017, to quarterly with a price target of $0.13



Recent Trading for Ares Management LP Unit (NYSE:ARES)
Shares of Ares Management LP Unit closed the previous trading session at with 20.45 shares trading hands.