44,160 Shares in Carlyle Secured Lending, Inc. $CGBD Acquired by Compass Financial Management LLC

Compass Financial Management LLC bought a new position in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 44,160 shares of the company’s stock, valued at approximately $464,000. Compass Financial Management LLC owned about 0.06% of Carlyle Secured Lending at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGBD. Rivernorth Capital Management LLC raised its position in Carlyle Secured Lending by 58.2% during the 4th quarter. Rivernorth Capital Management LLC now owns 1,900,728 shares of the company’s stock worth $23,740,000 after purchasing an additional 699,586 shares during the last quarter. Lalia Capital LLC bought a new stake in shares of Carlyle Secured Lending in the 2nd quarter valued at about $9,765,000. North Ground Capital increased its stake in shares of Carlyle Secured Lending by 91.6% in the fourth quarter. North Ground Capital now owns 912,220 shares of the company’s stock valued at $11,394,000 after buying an additional 436,086 shares during the period. Invesco Ltd. raised 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 worth $11,265,000 after acquiring an additional 121,651 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of Carlyle Secured Lending by 35.7% in the fourth quarter. UBS Group AG now owns 862,260 shares of the company’s stock worth $10,770,000 after acquiring an additional 226,776 shares during the period. 24.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CGBD. B. Riley Financial reissued a “buy” rating on shares of Carlyle Secured Lending in a research report on Tuesday, May 12th. Wells Fargo & Company dropped their price target on shares of Carlyle Secured Lending from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.50.

Carlyle Secured Lending Price Performance

Carlyle Secured Lending stock opened at $11.45 on Tuesday. The stock has a market capitalization of $787.87 million, a price-to-earnings ratio of 22.45 and a beta of 0.62. Carlyle Secured Lending, Inc. has a 52-week low of $9.94 and a 52-week high of $14.02. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.79 and a current ratio of 0.79. The stock’s 50 day moving average price is $10.70 and its two-hundred day moving average price is $11.06.

Carlyle Secured Lending (NASDAQ:CGBD) last released its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. The company had revenue of $62.09 million for the quarter, compared to the consensus estimate of $59.43 million. Carlyle Secured Lending had a net margin of 14.26% and a return on equity of 8.85%. On average, equities analysts predict that Carlyle Secured Lending, Inc. will post 1.39 earnings per share for the current year.

Carlyle Secured Lending Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th will be paid a $0.35 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 12.2%. Carlyle Secured Lending’s dividend payout ratio (DPR) is currently 274.51%.

About Carlyle Secured Lending

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.