Nuveen Floating Rate Income Fund (JFR) Forms $10.99 Double Bottom; Second Curve Capital Decreased By $5.06 Million Its Encore Capital Group (ECPG) Position

Second Curve Capital Llc decreased Encore Capital Group Inc (ECPG) stake by 27.38% reported in 2017Q3 SEC filing. Second Curve Capital Llc sold 115,000 shares as Encore Capital Group Inc (ECPG)’s stock rose 13.29%. The Second Curve Capital Llc holds 305,000 shares with $13.51M value, down from 420,000 last quarter. Encore Capital Group Inc now has $1.07B valuation. The stock decreased 3.16% or $1.35 during the last trading session, reaching $41.35. About 225,903 shares traded. Encore Capital Group, Inc. (NASDAQ:ECPG) has risen 51.28% since February 27, 2017 and is uptrending. It has outperformed by 34.58% the S&P500.

Nuveen Floating Rate Income Fund (JFR) formed double bottom with $10.11 target or 8.00% below today’s $10.99 share price. Nuveen Floating Rate Income Fund (JFR) has $625.50M valuation. The stock decreased 0.36% or $0.04 during the last trading session, reaching $10.99. About 391,893 shares traded or 68.74% up from the average. Nuveen Floating Rate Income Fund (NYSE:JFR) has risen 15.95% since February 27, 2017 and is uptrending. It has underperformed by 0.75% the S&P500.

Investors sentiment increased to 1.45 in Q3 2017. Its up 0.61, from 0.84 in 2017Q2. It increased, as 4 investors sold Nuveen Floating Rate Income Fund shares while 18 reduced holdings. 8 funds opened positions while 24 raised stakes. 12.36 million shares or 7.08% less from 13.30 million shares in 2017Q2 were reported. Capital Inv Advisors Ltd Llc has 62,266 shares for 0.05% of their portfolio. Weiss Asset Mngmt Lp invested in 26,400 shares or 0.03% of the stock. Advisors Asset has 0.07% invested in Nuveen Floating Rate Income Fund (NYSE:JFR) for 339,406 shares. United Cap Advisers Ltd holds 0.02% in Nuveen Floating Rate Income Fund (NYSE:JFR) or 171,364 shares. Barrett Asset Management Ltd Liability Corp owns 0% invested in Nuveen Floating Rate Income Fund (NYSE:JFR) for 1,000 shares. Guggenheim Ltd Llc reported 0.02% of its portfolio in Nuveen Floating Rate Income Fund (NYSE:JFR). Horizon Kinetics Limited Liability owns 0.01% invested in Nuveen Floating Rate Income Fund (NYSE:JFR) for 32,568 shares. Alliancebernstein L P invested in 0% or 10,000 shares. Moreover, Jpmorgan Chase has 0% invested in Nuveen Floating Rate Income Fund (NYSE:JFR) for 1.57 million shares. Conning invested 0.03% of its portfolio in Nuveen Floating Rate Income Fund (NYSE:JFR). Citigroup has 300 shares. Kistler holds 0% of its portfolio in Nuveen Floating Rate Income Fund (NYSE:JFR) for 252 shares. Sheets Smith Wealth owns 37,275 shares for 0.11% of their portfolio. Laurion Cap Lp holds 0% of its portfolio in Nuveen Floating Rate Income Fund (NYSE:JFR) for 84,943 shares. 20,800 are held by Sii Invs Inc Wi.

Since January 22, 2018, it had 1 buy, and 0 selling transactions for $400,133 activity. 35,775 shares were bought by SCHNEIDER WILLIAM J, worth $400,133 on Monday, January 22.

Since January 17, 2018, it had 0 insider buys, and 1 insider sale for $786,728 activity. 19,273 shares were sold by Grinberg Paul, worth $786,728 on Wednesday, January 17.

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