Carlyle Secured Lending, Inc. (NASDAQ:CGBD) Shares Purchased by Invesco Ltd.

Invesco Ltd. raised its position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) by 1,449.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 659,564 shares of the company's stock after buying an additional 616,988 shares during the period. Invesco Ltd. owned about 1.30% of Carlyle Secured Lending worth $11,826,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CGBD. Canton Hathaway LLC purchased a new stake in shares of Carlyle Secured Lending in the fourth quarter valued at approximately $47,000. EMC Capital Management grew its holdings in shares of Carlyle Secured Lending by 56.9% in the fourth quarter. EMC Capital Management now owns 13,021 shares of the company's stock valued at $233,000 after purchasing an additional 4,722 shares during the period. Jane Street Group LLC increased its position in Carlyle Secured Lending by 30.9% during the third quarter. Jane Street Group LLC now owns 13,775 shares of the company's stock worth $234,000 after purchasing an additional 3,249 shares during the last quarter. Round Rock Advisors LLC purchased a new stake in shares of Carlyle Secured Lending in the 4th quarter valued at approximately $333,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Carlyle Secured Lending by 37.8% during the 4th quarter. JPMorgan Chase & Co. now owns 29,629 shares of the company's stock worth $531,000 after buying an additional 8,129 shares during the last quarter. 24.51% of the stock is currently owned by hedge funds and other institutional investors.

Carlyle Secured Lending Stock Up 1.3 %

CGBD stock traded up $0.19 during midday trading on Friday, reaching $14.78. 247,251 shares of the company were exchanged, compared to its average volume of 224,671. The stock's 50-day simple moving average is $16.08 and its 200 day simple moving average is $17.06. Carlyle Secured Lending, Inc. has a 1-year low of $13.12 and a 1-year high of $18.74. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $753.14 million, a price-to-earnings ratio of 8.26 and a beta of 1.22.

Carlyle Secured Lending Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.60 dividend on an annualized basis and a yield of 10.83%. Carlyle Secured Lending's dividend payout ratio is presently 98.77%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Wells Fargo & Company increased their price objective on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price objective on Carlyle Secured Lending from $17.00 to $14.00 and set an "underweight" rating for the company in a research report on Thursday. Finally, Bank of America cut shares of Carlyle Secured Lending from a "buy" rating to an "underperform" rating and set a $17.00 target price on the stock. in a research report on Monday, February 10th.

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.