Hager Investment Management Services LLC Makes New $4.09 Million Investment in Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

Hager Investment Management Services LLC bought a new stake in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 228,267 shares of the company's stock, valued at approximately $4,093,000. Carlyle Secured Lending makes up 2.6% of Hager Investment Management Services LLC's investment portfolio, making the stock its 10th largest holding. Hager Investment Management Services LLC owned about 0.45% of Carlyle Secured Lending at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. bought a new stake in Carlyle Secured Lending during the second quarter valued at about $52,000. Great Valley Advisor Group Inc. raised its holdings 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 acquiring an additional 1,500 shares during the period. EMC Capital Management raised its holdings in Carlyle Secured Lending by 56.9% during the fourth quarter. EMC Capital Management now owns 13,021 shares of the company's stock valued at $233,000 after acquiring an additional 4,722 shares during the period. Jane Street Group LLC raised its holdings 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 valued at $234,000 after acquiring an additional 3,249 shares during the period. Finally, Private Advisor Group LLC bought a new stake in Carlyle Secured Lending during the third quarter valued at about $235,000. 24.51% of the stock is currently owned by hedge funds and other institutional investors.

Carlyle Secured Lending Price Performance

Shares of CGBD stock traded up $0.03 during trading hours on Friday, hitting $18.40. The stock had a trading volume of 111,904 shares, compared to its average volume of 168,867. Carlyle Secured Lending, Inc. has a one year low of $14.76 and a one year high of $18.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.11 and a quick ratio of 1.11. The stock's 50-day moving average price is $18.01 and its two-hundred day moving average price is $17.36. The stock has a market capitalization of $936.74 million, a price-to-earnings ratio of 10.28 and a beta of 1.57.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last issued its earnings results on Tuesday, November 5th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. Carlyle Secured Lending had a return on equity of 12.60% and a net margin of 40.69%. The firm had revenue of $55.97 million for the quarter, compared to analysts' expectations of $39.92 million. During the same period in the previous year, the firm posted $0.52 earnings per share. Equities analysts forecast that Carlyle Secured Lending, Inc. will post 1.98 EPS for the current year.

Wall Street Analysts Forecast Growth

CGBD has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their price target on Carlyle Secured Lending from $16.00 to $17.00 and gave the company an "equal weight" rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. lifted their target price on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an "underweight" rating in a report on Monday, February 3rd.

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.