Savant Capital LLC Sells 16,938 Shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

Savant Capital LLC trimmed its position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) by 48.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,860 shares of the company's stock after selling 16,938 shares during the quarter. Savant Capital LLC's holdings in Carlyle Secured Lending were worth $320,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in Carlyle Secured Lending by 30.9% in the 3rd quarter. Jane Street Group LLC now owns 13,775 shares of the company's stock worth $234,000 after acquiring an additional 3,249 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in Carlyle Secured Lending in the 3rd quarter worth approximately $492,000. Hager Investment Management Services LLC bought a new position in Carlyle Secured Lending in the 4th quarter worth approximately $4,093,000. Private Advisor Group LLC bought a new position in Carlyle Secured Lending in the 3rd quarter worth approximately $235,000. Finally, Franklin Resources Inc. bought a new position in Carlyle Secured Lending in the 3rd quarter worth approximately $585,000. 24.51% of the stock is owned by hedge funds and other institutional investors.

Carlyle Secured Lending Price Performance

Shares of NASDAQ CGBD traded down $0.09 during midday trading on Friday, reaching $17.88. 109,909 shares of the stock traded hands, compared to its average volume of 209,277. 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 has a market capitalization of $910.27 million, a PE ratio of 9.99 and a beta of 1.57. Carlyle Secured Lending, Inc. has a one year low of $15.01 and a one year high of $18.74. The company's 50 day moving average is $18.07 and its 200 day moving average is $17.37.

Analyst Ratings Changes

Several research firms have weighed in on CGBD. Bank of America downgraded Carlyle Secured Lending from a "buy" rating to an "underperform" rating and set a $17.00 price target for the company. in a research note on Monday, February 10th. JPMorgan Chase & Co. upped their price target on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an "underweight" rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company upped their price target on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 29th.

Carlyle Secured Lending Company Profile

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.