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LOS ANGELES (AP) — LOS ANGELES (AP) — Ares Management LP (ARES) on Friday reported second-quarter profit of $137.1 million. The Los Angeles-based company said it had profit of 46 cents per share.

GAAP net income attributable to Ares was $137.1 million for the quarter, translating to $0.46 per share on both a basic and diluted basis. Fee related earnings reached $409.1 million. The company ...

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Analysts have given Ares Management a total of 7 ratings, with the consensus rating being Outperform. The average one-year price target is $190.71, indicating a potential 1.59% upside.

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Shares of Altria Group (NYSE: MO), Healthpeak Properties (NYSE: DOC), and Ares Capital (NASDAQ: ARCC) have been offering an average yield of 7.3% at recent prices. With such high yields, folks who ...

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