Fintel reports that on December 9, 2024, Oppenheimer initiated coverage of Carlyle Credit Income Fund (NYSE:CCIF) with a Perform recommendation.
Analyst Price Forecast Suggests 9.58% Upside
As of December 3, 2024, the average one-year price target for Carlyle Credit Income Fund is $8.92/share. The forecasts range from a low of $8.58 to a high of $9.45. The average price target represents an increase of 9.58% from its latest reported closing price of $8.14 / share.
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The projected annual revenue for Carlyle Credit Income Fund is 35MM. The projected annual non-GAAP EPS is 1.38.
What is the Fund Sentiment?
There are 23 funds or institutions reporting positions in Carlyle Credit Income Fund. This is an decrease of 9 owner(s) or 28.12% in the last quarter. Average portfolio weight of all funds dedicated to CCIF is 0.07%, an increase of 17.41%. Total shares owned by institutions decreased in the last three months by 6.90% to 1,247K shares.
What are Other Shareholders Doing?
Cambridge Investment Research Advisors holds 470K shares. In its prior filing, the firm reported owning 445K shares , representing an increase of 5.49%. The firm decreased its portfolio allocation in CCIF by 2.03% over the last quarter.
Cetera Investment Advisers holds 100K shares. In its prior filing, the firm reported owning 113K shares , representing a decrease of 13.42%. The firm decreased its portfolio allocation in CCIF by 15.74% over the last quarter.
Virtus ETF Advisers holds 99K shares.
SFI Advisors holds 77K shares. In its prior filing, the firm reported owning 73K shares , representing an increase of 5.30%. The firm decreased its portfolio allocation in CCIF by 1.55% over the last quarter.
Access Financial Services holds 54K shares. In its prior filing, the firm reported owning 81K shares , representing a decrease of 49.57%. The firm decreased its portfolio allocation in CCIF by 32.12% over the last quarter.
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This story originally appeared on Fintel.
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