Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 130,500 Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 130,500 shares of the company's stock, valued at approximately $2,340,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.26% of Carlyle Secured Lending at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in shares of Carlyle Secured Lending during the fourth quarter valued at about $4,093,000. Apollon Wealth Management LLC boosted its position in Carlyle Secured Lending by 53.1% during the 4th quarter. Apollon Wealth Management LLC now owns 30,386 shares of the company's stock valued at $545,000 after acquiring an additional 10,538 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Carlyle Secured Lending by 3.5% during the 4th quarter. Global Retirement Partners LLC now owns 50,093 shares of the company's stock worth $898,000 after acquiring an additional 1,679 shares during the period. Edge Capital Group LLC grew its holdings in shares of Carlyle Secured Lending by 470.2% during the 4th quarter. Edge Capital Group LLC now owns 64,518 shares of the company's stock worth $1,157,000 after acquiring an additional 53,204 shares during the period. Finally, Canton Hathaway LLC bought a new position in shares of Carlyle Secured Lending in the 4th quarter worth approximately $47,000. 24.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CGBD shares. Oppenheimer dropped their price target on Carlyle Secured Lending from $17.00 to $15.00 and set a "market perform" rating on the stock in a research report on Thursday, May 8th. Bank of America cut shares of Carlyle Secured Lending from a "buy" rating to an "underperform" rating and set a $17.00 target price on the stock. in a report on Monday, February 10th. JPMorgan Chase & Co. decreased their price target on shares of Carlyle Secured Lending from $17.00 to $14.00 and set an "underweight" rating for the company in a research note on Thursday, April 24th. Finally, Wells Fargo & Company lowered their price target on shares of Carlyle Secured Lending from $14.00 to $13.00 and set an "equal weight" rating for the company in a research report on Thursday, May 8th.

Carlyle Secured Lending Stock Performance

NASDAQ:CGBD traded down $0.02 during trading hours on Thursday, reaching $13.88. The company had a trading volume of 286,217 shares, compared to its average volume of 242,039. The firm has a market cap of $707.13 million, a price-to-earnings ratio of 7.75 and a beta of 0.93. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.99. The firm's 50 day moving average price is $14.35 and its 200-day moving average price is $16.51. Carlyle Secured Lending, Inc. has a 52 week low of $13.12 and a 52 week high of $18.74.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.02). Carlyle Secured Lending had a net margin of 40.69% and a return on equity of 12.60%. The business had revenue of $54.60 million for the quarter, compared to the consensus estimate of $55.50 million. On average, analysts forecast that Carlyle Secured Lending, Inc. will post 1.97 EPS for the current year.

Carlyle Secured Lending Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be paid a $0.40 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.60 annualized dividend and a dividend yield of 11.53%. Carlyle Secured Lending's dividend payout ratio (DPR) is 118.52%.

About Carlyle Secured Lending

Carlyle Secured Lending, Inc is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector.