U.S. Capital Wealth Advisors LLC Sells 25,890 Shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

U.S. Capital Wealth Advisors LLC cut its position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) by 71.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,310 shares of the company's stock after selling 25,890 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Carlyle Secured Lending were worth $167,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Aquatic Capital Management LLC grew its stake in Carlyle Secured Lending by 541.8% in the 4th quarter. Aquatic Capital Management LLC now owns 2,567 shares of the company's stock valued at $46,000 after buying an additional 2,167 shares in the last quarter. Canton Hathaway LLC boosted its holdings in shares of Carlyle Secured Lending by 271.0% in the first quarter. Canton Hathaway LLC now owns 9,795 shares of the company's stock worth $158,000 after acquiring an additional 7,155 shares during the period. Sunbelt Securities Inc. grew its position in shares of Carlyle Secured Lending by 17.1% in the first quarter. Sunbelt Securities Inc. now owns 10,297 shares of the company's stock valued at $167,000 after purchasing an additional 1,500 shares in the last quarter. Lido Advisors LLC raised its stake in shares of Carlyle Secured Lending by 12.3% during the 4th quarter. Lido Advisors LLC now owns 11,416 shares of the company's stock valued at $210,000 after purchasing an additional 1,247 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of Carlyle Secured Lending during the 4th quarter valued at $332,000. Hedge funds and other institutional investors own 24.51% of the company's stock.

Carlyle Secured Lending Price Performance

CGBD traded up $0.05 on Wednesday, reaching $14.10. The company had a trading volume of 501,439 shares, compared to its average volume of 330,885. Carlyle Secured Lending, Inc. has a 52-week low of $13.12 and a 52-week high of $18.74. The company has a market cap of $718.49 million, a price-to-earnings ratio of 10.44 and a beta of 0.85. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.55 and a current ratio of 3.55. The business has a 50 day simple moving average of $13.95 and a 200 day simple moving average of $15.79.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.02). Carlyle Secured Lending had a return on equity of 10.49% and a net margin of 32.72%. The company had revenue of $54.60 million during the quarter, compared to the consensus estimate of $55.50 million. As a group, sell-side analysts anticipate that Carlyle Secured Lending, Inc. will post 1.97 EPS for the current year.

Carlyle Secured Lending Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, June 30th. This represents a $1.60 dividend on an annualized basis and a yield of 11.35%. Carlyle Secured Lending's payout ratio is 118.52%.

Wall Street Analyst Weigh In

CGBD has been the subject of a number of recent analyst reports. Oppenheimer reduced their target price on Carlyle Secured Lending from $17.00 to $15.00 and set a "market perform" rating for the company in a report on Thursday, May 8th. B. Riley raised shares of Carlyle Secured Lending to a "hold" rating in a report on Monday, June 16th. JPMorgan Chase & Co. cut 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 report on Thursday, April 24th. Finally, Wells Fargo & Company reduced 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. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $14.75.

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.