Lalia Capital LLC Acquires Shares of 927,333 Carlyle Secured Lending, Inc. $CGBD

Lalia Capital LLC bought a new stake in Carlyle Secured Lending, Inc. (NASDAQ:CGBD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 927,333 shares of the company’s stock, valued at approximately $9,765,000. Carlyle Secured Lending makes up 4.7% of Lalia Capital LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGBD. Rivernorth Capital Management LLC boosted its holdings in Carlyle Secured Lending by 58.2% in the fourth quarter. Rivernorth Capital Management LLC now owns 1,900,728 shares of the company’s stock valued at $23,740,000 after acquiring an additional 699,586 shares during the last quarter. North Ground Capital increased its position in Carlyle Secured Lending by 91.6% in the fourth quarter. North Ground Capital now owns 912,220 shares of the company’s stock worth $11,394,000 after purchasing an additional 436,086 shares during the period. Invesco Ltd. raised its holdings in Carlyle Secured Lending by 15.6% during the 3rd quarter. Invesco Ltd. now owns 901,237 shares of the company’s stock worth $11,265,000 after purchasing an additional 121,651 shares during the last quarter. UBS Group AG raised its holdings in Carlyle Secured Lending by 35.7% during the 4th quarter. UBS Group AG now owns 862,260 shares of the company’s stock worth $10,770,000 after purchasing an additional 226,776 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in Carlyle Secured Lending by 199.4% during the 3rd quarter. Two Sigma Investments LP now owns 727,570 shares of the company’s stock valued at $9,095,000 after purchasing an additional 484,581 shares during the period. Institutional investors own 24.51% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CGBD shares. B. Riley Financial reaffirmed a “buy” rating on shares of Carlyle Secured Lending in a research note on Tuesday, May 12th. Wells Fargo & Company dropped their price target on shares of Carlyle Secured Lending from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.50.

Carlyle Secured Lending Trading Up 0.2%

NASDAQ:CGBD opened at $11.35 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.79 and a quick ratio of 0.79. The business’s 50-day simple moving average is $10.69 and its 200-day simple moving average is $11.07. Carlyle Secured Lending, Inc. has a fifty-two week low of $9.94 and a fifty-two week high of $14.03. The stock has a market capitalization of $780.99 million, a PE ratio of 22.26 and a beta of 0.62.

Carlyle Secured Lending (NASDAQ:CGBD) last posted its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $62.09 million during the quarter, compared to analysts’ expectations of $59.43 million. Carlyle Secured Lending had a return on equity of 8.85% and a net margin of 14.26%. Sell-side analysts expect that Carlyle Secured Lending, Inc. will post 1.39 earnings per share for the current fiscal year.

Carlyle Secured Lending Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 12.3%. Carlyle Secured Lending’s dividend payout ratio is currently 274.51%.

Carlyle Secured Lending Company Profile

Carlyle Secured Lending, Inc (NASDAQ: CGBD) is a closed-end, non-diversified business development company that provides customized debt financing solutions to middle-market companies. Chartered under the Investment Company Act of 1940, the company invests primarily in floating-rate senior secured loans, including first-lien, unitranche and one-stop structures. Its objective is to generate current income and capital appreciation through disciplined credit selection and active portfolio management.

The firm focuses on U.S.