195,128 Shares in Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 195,128 shares of the financial services provider's stock, valued at approximately $4,156,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.21% of Sixth Street Specialty Lending as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in TSLX. Ameriflex Group Inc. bought a new stake in shares of Sixth Street Specialty Lending during the fourth quarter worth approximately $27,000. First Horizon Advisors Inc. raised its position in shares of Sixth Street Specialty Lending by 25.3% in the fourth quarter. First Horizon Advisors Inc. now owns 2,302 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 465 shares during the period. Signaturefd LLC increased its position in Sixth Street Specialty Lending by 13.3% during the fourth quarter. Signaturefd LLC now owns 4,673 shares of the financial services provider's stock worth $100,000 after acquiring an additional 550 shares during the period. Atlas Capital Advisors Inc. bought a new position in Sixth Street Specialty Lending in the 4th quarter valued at about $109,000. Finally, Robertson Stephens Wealth Management LLC acquired a new stake in shares of Sixth Street Specialty Lending in the 4th quarter valued at approximately $207,000. 70.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TSLX has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Sixth Street Specialty Lending from $23.00 to $21.50 and set an "overweight" rating for the company in a report on Thursday, April 24th. Royal Bank of Canada increased their price target on shares of Sixth Street Specialty Lending from $23.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. LADENBURG THALM/SH SH lowered Sixth Street Specialty Lending from a "buy" rating to a "neutral" rating in a research report on Friday, February 14th. Truist Financial increased their target price on Sixth Street Specialty Lending from $23.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Finally, Raymond James decreased their target price on Sixth Street Specialty Lending from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Sixth Street Specialty Lending presently has a consensus rating of "Buy" and an average price target of $22.81.

Sixth Street Specialty Lending Stock Performance

Shares of NYSE TSLX traded up $0.07 during trading on Thursday, reaching $23.28. The stock had a trading volume of 438,890 shares, compared to its average volume of 370,078. The stock has a market cap of $2.19 billion, a PE ratio of 11.47 and a beta of 0.82. The firm's 50 day moving average price is $21.43 and its two-hundred day moving average price is $21.71. Sixth Street Specialty Lending, Inc. has a one year low of $18.58 and a one year high of $23.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.90 and a current ratio of 1.90.

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The firm had revenue of $113.92 billion during the quarter, compared to analysts' expectations of $116.70 million. Sixth Street Specialty Lending had a net margin of 38.67% and a return on equity of 13.47%. During the same period in the prior year, the company posted $0.52 earnings per share. On average, research analysts forecast that Sixth Street Specialty Lending, Inc. will post 2.19 earnings per share for the current fiscal year.

Sixth Street Specialty Lending Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 9.21%. Sixth Street Specialty Lending's dividend payout ratio is 97.35%.

Sixth Street Specialty Lending Profile

Sixth Street Specialty Lending, Inc NYSE: TSLX is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.