U.S. Capital Wealth Advisors LLC Purchases New Holdings in Carlyle Secured Lending, Inc. $CGBD

U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 44,811 shares of the company’s stock, valued at approximately $560,000. U.S. Capital Wealth Advisors LLC owned about 0.09% of Carlyle Secured Lending at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Invesco Ltd. increased its position in shares of Carlyle Secured Lending by 15.6% during the third quarter. Invesco Ltd. now owns 901,237 shares of the company’s stock valued at $11,265,000 after acquiring an additional 121,651 shares during the last quarter. Muzinich & Co. Inc. increased its position in shares of Carlyle Secured Lending by 47.3% during the fourth quarter. Muzinich & Co. Inc. now owns 736,442 shares of the company’s stock valued at $9,198,000 after acquiring an additional 236,524 shares during the last quarter. Two Sigma Investments LP increased its position in shares of Carlyle Secured Lending by 199.4% during the third quarter. Two Sigma Investments LP now owns 727,570 shares of the company’s stock valued at $9,095,000 after acquiring an additional 484,581 shares during the last quarter. UBS Group AG increased its position in shares of Carlyle Secured Lending by 12.0% during the third quarter. UBS Group AG now owns 635,484 shares of the company’s stock valued at $7,944,000 after acquiring an additional 67,938 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in shares of Carlyle Secured Lending by 24.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 519,735 shares of the company’s stock valued at $6,491,000 after acquiring an additional 101,242 shares during the last quarter. 24.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CGBD has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price target on Carlyle Secured Lending from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Wall Street Zen upgraded Carlyle Secured Lending from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. B. Riley Financial upgraded Carlyle Secured Lending from a “neutral” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lowered their target price on Carlyle Secured Lending from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Carlyle Secured Lending currently has an average rating of “Hold” and an average target price of $13.20.

Insider Buying and Selling at Carlyle Secured Lending

In other news, Director John G. Nestor sold 4,401 shares of Carlyle Secured Lending stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.29, for a total value of $49,687.29. Following the completion of the transaction, the director directly owned 5,516 shares in the company, valued at approximately $62,275.64. The trade was a 44.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.61% of the company’s stock.

Carlyle Secured Lending Stock Performance

Shares of CGBD opened at $11.77 on Thursday. The firm has a market cap of $831.90 million, a PE ratio of 11.54 and a beta of 0.65. The stock’s fifty day moving average price is $11.30 and its two-hundred day moving average price is $12.07. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. Carlyle Secured Lending, Inc. has a 1 year low of $10.61 and a 1 year high of $15.15.

Carlyle Secured Lending (NASDAQ:CGBD) last issued its earnings results on Tuesday, February 24th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.05). The firm had revenue of $66.91 million during the quarter, compared to the consensus estimate of $67.26 million. Carlyle Secured Lending had a net margin of 27.38% and a return on equity of 8.56%. On average, equities research analysts forecast that Carlyle Secured Lending, Inc. will post 1.97 EPS for the current year.

Carlyle Secured Lending Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Tuesday, March 31st will be given a $0.40 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $1.60 annualized dividend and a dividend yield of 13.6%. Carlyle Secured Lending’s payout ratio is 156.86%.

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.