News

These Are 10 Asset Management Companies With Over 20% Insider Ownership

  • When it comes to stock selection, one factor investors may want to consider is insider ownership.
    09/28/2022

Equus Shareholders Grant Authorization to Withdraw BDC Election

  • Authorization Supports Company's Intent to Affect a Transformative Transaction Authorization Supports Company's Intent to Affect a Transformative Transaction
    08/20/2021
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Equus Total Return, Inc. (EQS) can hold. Click on Rating Page for detail.

The price of Equus Total Return, Inc. (EQS) is 1.48 and it was updated on 2024-04-25 13:00:40.

Currently Equus Total Return, Inc. (EQS) is in undervalued.

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Equus Announces Second Quarter Net Asset Value

  • HOUSTON, Aug. 16, 2021 (GLOBE NEWSWIRE) --  Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) reports net assets as of June 30, 2021, of $34.7 million, an increase of approximately $0.6 million since March 31, 2021. Net asset value per share increased to $2.57 as of June 30, 2021 from $2.52 as of March 31, 2021. Comparative data is summarized below (in thousands, except per share amounts):
    Mon, Aug. 16, 2021

EQS Stock Increases Over 15% Pre-Market: Details You Should Know

  • The stock price of Equus Total Return, Inc. (NYSE: EQS) has increased by over 15% pre-market. These are some details you should know.
    Mon, Jul. 19, 2021

Equus Announces First Quarter Net Asset Value

  • HOUSTON, May 14, 2021 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) reports net assets as of March 31, 2021, of $34.1 million, an increase of approximately $0.3 million since December 31, 2020. Net asset value per share increased to $2.52 as of March 31, 2021 from $2.50 as of December 31, 2020. Comparative data is summarized below (in thousands, except per share amounts):
    Fri, May. 14, 2021

Equus Reports Fourth Quarter Results

  • Dispositions Key to Success of Acquisition Strategy Dispositions Key to Success of Acquisition Strategy
    Wed, Mar. 31, 2021

Equus Shareholders Grant Authorization to Withdraw BDC Election and Increase Authorized Shares

  • Authorization Prepares Company for Potential Transformative Transaction Authorization Prepares Company for Potential Transformative Transaction
    Wed, Jan. 20, 2021
SEC Filings
SEC Filings

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Equus Total Return, Inc. (EQS) - N-2

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Equus Total Return, Inc. (EQS) - 4/A

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Equus Total Return, Inc. (EQS) - ARS

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Equus Total Return, Inc. (EQS) - S-8

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Equus Total Return, Inc. (EQS) - N-2

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Press Releases
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News

Equus Receives Initial Payment From Sale of Its Interest in PalletOne, Inc.

  • HOUSTON, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (“Equus”) announced that it has received an initial payment of $18.2 million in connection with the sale of its shareholding in PalletOne, Inc. The remaining amount, expected to be received in the second quarter of 2021, is based upon potential tax refunds and a number of post-closing adjustments relating to changes in working capital and various other balance sheet items.
  • 01/04/2021

Equus Announces Completion of Sale of Its Interest in PalletOne, Inc.

  • PalletOne Acquired by UFP Industries PalletOne Acquired by UFP Industries
  • 12/28/2020

Equus Announces Pending Sale of Its Interest in Palletone, Inc.

  • HOUSTON, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) today announced that the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) has approved the purchase of 100% of the equity of PalletOne, Inc. for approximately $232 million. The price assumes a cash free, debt free balance sheet. UFP also agreed to pay $18 million for PalletOne's recent capital expenditures. The transaction is subject to a net working capital adjustment and is expected to close on December 28, 2020 pending customary closing conditions and regulatory approval.
  • 12/10/2020

Equus Announces Second Quarter Net Asset Value

  • HOUSTON, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (the “Fund” or “Equus”) reports net assets as of June 30, 2020, of $41.5 million, an increase of approximately $2.6 million since March 31, 2020.  Net asset value per share increased to $3.07 as of June 30, 2020 from $2.88 as of March 31, 2020.  Comparative data is summarized below (in thousands, except per share amounts):  As of the Quarter Ended6/30/20203/31/202012/31/20199/30/20196/30/2020             Net assets$41,469$38,895$45,989$49,024$47,933 Shares outstanding 13,518 13,518 13,518 13,518 13,518 Net assets per share$3.07$2.88$3.40$3.63$3.55             The following were the portfolio companies that experienced increases in their fair values during the second quarter of 2020: * Increase in the Value of PalletOne.  Equus holds an 18.7% fully-diluted share interest in PalletOne, Inc. (“PalletOne”) one of the nation’s largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States.  The fair value of the Fund’s share interest in PalletOne increased from $26.5 million to $27.5 million during the second quarter of 2020, principally as a result of strong operational results during the quarter and the trailing twelve months ended June 30, 2020.  The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment.  Notwithstanding the strong operational results of PalletOne, it remains uncertain as to the extent that the general economic contraction caused by the coronavirus may have on the business of PalletOne in subsequent quarters in 2020 and into 2021 (see A Note About the Coronavirus and Other Events below).   * Increase in the Value of Equus Energy.  The price of crude oil, which began the second quarter of 2020 at $20.48 per barrel, ended the quarter at $40.65, largely as a result of the partial resumption of economic activity in states and countries that had imposed significant restrictions on their populations in connection with the onset of COVID-19.  Principally due to such price increases, the value of this investment increased from $4.5 million at March 31, 2020 to $5.5 million at June 30, 2020.  The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment (see A Note About the Coronavirus and Other Events below).   * Increase in the Value of MVC Capital Shares.  The trading price of MVC Capital, Inc.’s (“MVC”) common stock increased from $4.37 per share on March 31, 2020 to $6.53 per share as of June 30, 2020.  The Fund received $67,293 in cash and 4,449 MVC shares as stock dividends during the quarter, resulting in a total of 578,596 MVC shares held at June 30, 2020.  The fair value of this holding increased from $2.5 million at March 31, 2020 to $3.8 million as of June 30, 2020.A Note About The Coronavirus and Other Events The Impact of the Coronavirus Generally.  In 2019, SARS-CoV-2, a highly contagious pathogen which causes COVID-19, coronavirus disease, or simply, the ‘coronavirus’, arose in Wuhan Province, China. The coronavirus has had a substantial detrimental impact on markets and economic forecasts for governments and businesses worldwide.  During the first and second quarters of 2020, national, state, and local governments across the United States implemented significant travel, movement, and assembly restrictions, as well as restrictions on the movement of goods, all of which have had, and are expected to continue to have, a material adverse impact upon consumer and business demand.  Commencing in the second quarter of 2020, certain states began to ease such restrictions, but such efforts may not be sufficient to stimulate the resumption of economic activity at levels that existed prior to the onset of the coronavirus.  Moreover, the easing of such restrictions has resulted in an increased number of coronavirus infections, which in turn has caused states to delay or even reverse allowances for movement and assembly, each of which are expected to protract the adverse economic effects of the coronavirus.  If the coronavirus continues to spread, or if the economic disruption caused thus far by the coronavirus continues, our operations and financial condition could be materially adversely affected.Impact of the Coronavirus on Our Operations. The highly contagious nature of the coronavirus has caused numerous private and public organizations to substantially alter the way in which they operate. Many such organizations have, to the extent possible, required employees to work remotely to reduce opportunities for contagion. We have also taken steps to minimize the exposure of our employees and service providers by requiring all such persons to work from a remote location. We utilize a cloud-based storage and retrieval system for our records and can communicate electronically or by telephone with third parties such as our financial institutions, legal and accounting advisors, and our portfolio companies. However, government directives on social distancing and shelter-in-place mandates have rendered us unable to travel to attend in-person board meetings, negotiations, and other functions which are endemic to the interpersonal nature of private equity investing. Should these disruptions and restrictions on travel continue as a result of the coronavirus, we cannot, therefore, assure you that our operations will not be materially adversely affected thereby.Impact of the Coronavirus on Our Portfolio Companies.  As noted above, certain of our portfolio companies have been affected by various force majeure events that include the global outbreak of the coronavirus.  These events have had, and may continue to have, a material adverse impact on our portfolio companies’ supply chains, limit access to key commodities or technologies, otherwise impact their employees, customers, manufacturers or suppliers or otherwise cause material disruptions to their industry or the industries they serve. In the case of the coronavirus, such a force majeure event has had, and may continue to have, a broader negative impact on the world economy and international business activity generally.  A protracted negative impact to one or more of our portfolio companies as a result of the coronavirus could have a material adverse effects on our business, financial condition and results of operations.Impact of Geopolitical Events and the Coronavirus on the Oil and Gas Sector. The first quarter of 2020 witnessed substantial price decreases for crude oil, falling from $61.06 at December 31, 2019 to $20.48 at March 31, 2020 before partially recovering to $40.65 at June 30, 2020.  The collapse in prices was the result of a price war between the Russian Federation and Saudi Arabia and a massive drop in forecasted demand as a consequence of the coronavirus.  Despite the price of crude oil almost doubling during the second quarter of 2020, should such prices not continue to recover to sustainable levels, a number of smaller oil and gas firms that have incurred leverage could experience severe economic challenges, including insolvency and bankruptcy.  Other firms, such as Equus Energy, could see future capital expenditures to generate additional reserves from existing mineral interests postponed indefinitely, which could have a material adverse effect upon the operations and financial condition of Equus Energy.About Equus The Fund is a business development company that trades as a closed-end fund on the New York Stock Exchange under the symbol "EQS". Additional information on the Fund may be obtained from the Fund’s website at www.equuscap.com.This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Fund’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the performance of the Fund, including our ability to achieve our expected financial and business objectives, and the other risks and uncertainties described in the Fund’s filings with the SEC. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. Except as required by law, the Fund undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Fund or any other person that the events or circumstances described in such statements are material.Contact:Patricia Baronowski Pristine Advisers, LLC (631) 756-2486
  • 08/13/2020

Here is What Hedge Funds Think About Equus Total Return, Inc. (EQS)

  • The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
  • 06/04/2020

Wigig Market is expected to grow at the compound annual growth rate of 157.1%

  • May 19, 2020 (AmericaNewsHour) -- Wireless GigaBit Technologyis a short-range wireless technology, which operates in the unlicensed 60 GHz range. The...
  • 05/19/2020

Equus Announces First Quarter Net Asset Value

  • Net asset value per share decreased to $2.88 as of March 31, 2020 from $3.40 as of December 31, 2019. The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment (see A Note About the Coronavirus and Other Events below).
  • 05/12/2020

Equus Announces Results of Annual Shareholder Meeting

  • Holders of 83.09% of the Company’s outstanding shares were present in person or represented by proxy at the Annual Meeting. The shareholders also overwhelmingly approved the appointment of BDO as the Company’s independent accountants for fiscal year 2020, with 11.0 million votes cast in favor the appointment, 0.2 million votes against, and 0.003 million votes abstaining. With respect to a non-binding vote regarding compensation paid to the Company’s named executive officers in 2019, approximately 8.8 million votes were cast in favor, 0.5 million votes against, and 0.006 million votes abstaining.
  • 05/08/2020

EQUUS ANNOUNCES FOURTH QUARTER NET ASSET VALUE

  • Net asset value per share decreased to $3.40 as of December 31, 2019 from $3.63 as of September 30, 2019. The Fund established Equus Energy, LLC (“Equus Energy”) as a wholly-owned subsidiary in 2011 to be used as a platform for energy-related investments, with particular emphasis on oil and gas enterprises. Equus Energy owns various working interests, which are presently derived from 141 producing and non-producing oil and gas wells, including associated development rights of approximately 21,520 acres, situated on 11 separate properties in Texas and Oklahoma.
  • 03/31/2020

EQUUS ANNOUNCES FOURTH QUARTER NET ASSET VALUE

  • 03/31/2020

Stocks That Hit 52-Week Lows On Friday

  • Friday morning, 940 companies set new 52-week lows. Interesting Points: The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC). The...
  • 03/06/2020

Comparing Equus Total Return (NYSE:EQS) and Nuveen Municipal Value Fund (NYSE:NUV)

  • Equus Total Return (NYSE:EQS) and Nuveen Municipal Value Fund (NYSE:NUV) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, risk, valuation and institutional ownership. Analyst Recommendations This is a breakdown of recent recommendations for Equus Total Return […]
  • 02/02/2020

Ranking Business Development Companies From Most Undervalued To Overvalued

  • As high-yield credit spreads fall, it may be a good time to look to business-development-companies. While high dividend returns and low PB ratios are great, one
  • 01/27/2020

What the numbers show: Adding ELSS to your tax-saving investments is a good idea

  • In 2019, tax-saving mutual fund schemes performed better than crowd favourites like PPF. It’s a good time to consider including them in your portfolio.
  • 01/10/2020

Equus Shareholders Grant Authorization to Withdraw BDC Election and Increase Borrowing Capacity

  • HOUSTON, Nov. 19, 2019 -- Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) today announced that its shareholders have authorized the Company’s Board of Directors.
  • 11/20/2019

Equus Announces Third Quarter Net Asset Value

  • Net asset value per share increased to $3.63 as of September 30, 2019 from $3.55 as of June 30, 2019. The overall increase in net asset value during the third quarter of 2019 was principally due to an increase in the value of the Fund’s shareholding in PalletOne, Inc. (“PalletOne”). Equus holds an 18.7% fully-diluted share interest in PalletOne, Inc. (“PalletOne”) one of the nation’s largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States.
  • 11/13/2019

Equus Announces Second Quarter Net Asset Value

  • Net asset value per share increased to $3.55 as of June 30, 2019 from $3.44 as of March 31, 2019. Increase in Value of PalletOne. Equus holds an 18.7% fully-diluted share interest in PalletOne, Inc. (“PalletOne”) one of the nation’s largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States.
  • 08/14/2019

Equus Reports Q1 Net Asset Value $3.44/Share vs $3.22 Last Quarter

  • 05/14/2019

Equus Total Return Fund, Flogging A Dead Horse

  • 04/21/2019

Equus Announces —…–8 Year-End Net Asset Value

  • 03/29/2019

Equus Total Return Fund: NAV Rises, Discount Deepens, And Value Improves

  • 11/23/2018

Equus Total Return reports Q3 results

  • 11/16/2018

Stocks Which Set New 52-Week Low Yesterday, September 4th

  • 09/05/2018

Equus Energy Sells Working Interest In Worsham-Bayer Field For $200K

  • 08/28/2018

Equus's NAV Rises, An Opportunity For Value Investors

  • 08/24/2018

Equus Total Return reports Q2 results

  • 08/14/2018

Stocks Which Set New 52-Week Low Yesterday, July 25th

  • 07/26/2018

Equus Total Return Offers Opportunities in Small-Cap Stocks

  • 07/23/2018

Equus Announces First Quarter Net Asset Value Per Share Of $3.20

  • 05/15/2018

There's Value Here, If Only Management Could Unlock It

  • 04/26/2018

Equus Total Return Fund: Buying Time, Burning Cash

  • 11/29/2017

Equus Receives $2.4M From Biogenic Reagents Investment

  • 06/12/2017

Equus Receives $—.4 Million From Biogenic Reagents Investment

  • 06/12/2017

MVC Capital Announces Fiscal Second Quarter —…–7 Results

  • 06/08/2017

Equus Total Return Says US Gas and Eletric Has Terminated Takeover, US Gas & Electric to be Acquired by Crius Energy Trust

  • 05/30/2017

Equus Signs Agreement to Acquire U.S. Gas & Electric, Inc.; Will Pay $3.28/Share For 32.6M Shares and $40M Of 5-Year Conv. Preferred Stock At Conv. Prices Of Between $3.28-$4.10/Share

  • 04/24/2017

CEO Invests in Equus Total Return

  • 03/21/2017

Equus Total Return Fund: A 2-For-1 Opportunity For Value Investors

  • 08/21/2016

Equus Total Return Is Still Being Left In Limbo By MVC Capital

  • 07/29/2016

Equus Announces Results of Annual Shareholder Meeting

  • 06/16/2016

Equus Total Return: An Approach To Unlocking Value In Asset-Rich Small Firms

  • 05/22/2016

Equus Announces First Quarter Net Asset Value

  • 05/12/2016

Equus Announces 2015 Year-End Net Asset Value

  • 03/31/2016

Equus Announces Departure of Gregory Flanagan

  • 01/12/2016

Qquus Reports Q3 NAV $2.97/Share vs. Prior Year Quarter $2.97/Share

  • 11/12/2015

Equus Sells 1.5 Million Orco Property Group Shares for Net Cash Proceeds of Approximately $4.89M

  • 10/15/2012

Equus Appoints Alessandro Benedetti as Executive Chairman; John Hardy as CEO

  • 06/07/2011

Top Gainers of Financial Services stocks to buy- WHX, CEF, TBH, SRV, NRT, TCAP, EQS, IDI, KYE, MTP, KYN…

  • 05/08/2011

Insiders Trading GM, HD, AVB, COH

  • 11/26/2010
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