Nebula Research & Development LLC Has $228,000 Stock Holdings in Sixth Street Specialty Lending, Inc. (NYSE:TSLX)

Nebula Research & Development LLC cut its position in Sixth Street Specialty Lending, Inc. (NYSE:TSLX - Free Report) by 56.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,693 shares of the financial services provider's stock after selling 13,640 shares during the quarter. Nebula Research & Development LLC's holdings in Sixth Street Specialty Lending were worth $228,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Tidal Investments LLC boosted its stake in Sixth Street Specialty Lending by 7.4% during the third quarter. Tidal Investments LLC now owns 50,883 shares of the financial services provider's stock worth $1,045,000 after buying an additional 3,504 shares in the last quarter. Franklin Resources Inc. increased its stake in Sixth Street Specialty Lending by 28.3% in the third quarter. Franklin Resources Inc. now owns 327,083 shares of the financial services provider's stock valued at $6,751,000 after acquiring an additional 72,133 shares during the period. JPMorgan Chase & Co. raised its position in Sixth Street Specialty Lending by 16.1% in the third quarter. JPMorgan Chase & Co. now owns 1,175,388 shares of the financial services provider's stock worth $24,131,000 after purchasing an additional 162,810 shares in the last quarter. Confluence Investment Management LLC lifted its stake in Sixth Street Specialty Lending by 0.5% during the fourth quarter. Confluence Investment Management LLC now owns 251,182 shares of the financial services provider's stock worth $5,350,000 after purchasing an additional 1,273 shares during the period. Finally, Ignite Planners LLC boosted its holdings in Sixth Street Specialty Lending by 13.0% during the fourth quarter. Ignite Planners LLC now owns 44,362 shares of the financial services provider's stock valued at $944,000 after purchasing an additional 5,115 shares in the last quarter. Institutional investors and hedge funds own 70.25% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Royal Bank of Canada lifted their price objective on Sixth Street Specialty Lending from $23.00 to $25.00 and gave the company an "outperform" rating in a report on Wednesday, February 26th. LADENBURG THALM/SH SH cut shares of Sixth Street Specialty Lending from a "buy" rating to a "neutral" rating in a research report on Friday, February 14th. Truist Financial boosted their target price on Sixth Street Specialty Lending from $23.00 to $24.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. Raymond James dropped their price objective on Sixth Street Specialty Lending from $24.00 to $23.00 and set an "outperform" rating for the company in a report on Friday. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Sixth Street Specialty Lending from $21.50 to $23.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Sixth Street Specialty Lending has a consensus rating of "Moderate Buy" and an average target price of $22.79.

Sixth Street Specialty Lending Trading Up 0.7 %

Shares of TSLX traded up $0.14 during trading hours on Tuesday, reaching $20.83. The stock had a trading volume of 208,531 shares, compared to its average volume of 359,590. Sixth Street Specialty Lending, Inc. has a 52 week low of $18.58 and a 52 week high of $23.67. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.18. The company has a market cap of $1.96 billion, a P/E ratio of 10.26 and a beta of 0.82. The firm has a 50-day moving average of $21.42 and a 200 day moving average of $21.39.

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

Sixth Street Specialty Lending Announces Dividend

The business also recently disclosed a -- dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a dividend yield of 8.9%. Sixth Street Specialty Lending's payout ratio is 97.35%.

Sixth Street Specialty Lending Company 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.