GFS Advisors LLC Acquires Shares of 49,700 Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

GFS Advisors LLC purchased a new position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 49,700 shares of the company's stock, valued at approximately $891,000. GFS Advisors LLC owned 0.10% of Carlyle Secured Lending at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CGBD. Novare Capital Management LLC lifted its stake in Carlyle Secured Lending by 0.5% during the fourth quarter. Novare Capital Management LLC now owns 178,705 shares of the company's stock valued at $3,204,000 after purchasing an additional 900 shares during the last quarter. Stifel Financial Corp lifted its stake in Carlyle Secured Lending by 3.6% during the third quarter. Stifel Financial Corp now owns 30,274 shares of the company's stock valued at $514,000 after purchasing an additional 1,039 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Carlyle Secured Lending by 5.0% during the third quarter. Rockefeller Capital Management L.P. now owns 31,058 shares of the company's stock valued at $527,000 after purchasing an additional 1,490 shares during the last quarter. Great Valley Advisor Group Inc. lifted its stake in Carlyle Secured Lending by 12.9% during the third quarter. Great Valley Advisor Group Inc. now owns 13,165 shares of the company's stock valued at $223,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Carlyle Secured Lending by 8.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,150 shares of the company's stock valued at $325,000 after purchasing an additional 1,546 shares during the last quarter. 24.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CGBD has been the subject of several recent research reports. JPMorgan Chase & Co. increased their target price on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the company an "underweight" rating in a research note on Monday. Wells Fargo & Company increased their target price on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 29th.

Carlyle Secured Lending Trading Down 0.3 %

Shares of NASDAQ:CGBD traded down $0.06 during mid-day trading on Tuesday, hitting $18.44. The stock had a trading volume of 124,467 shares, compared to its average volume of 190,361. 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 $938.78 million, a PE ratio of 10.31 and a beta of 1.57. Carlyle Secured Lending, Inc. has a 12-month low of $14.76 and a 12-month high of $18.74. The company's 50 day moving average is $17.95 and its 200-day moving average is $17.34.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $55.97 million during the quarter, compared to the consensus estimate of $39.92 million. Carlyle Secured Lending had a net margin of 40.69% and a return on equity of 12.60%. During the same quarter in the prior year, the firm earned $0.52 EPS. On average, sell-side analysts predict that Carlyle Secured Lending, Inc. will post 1.98 EPS for the current year.

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.