United Advisor Group LLC Has $256,000 Stake in Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

United Advisor Group LLC grew its holdings in Carlyle Secured Lending, Inc. (NASDAQ:CGBD) by 13.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,105 shares of the company’s stock after purchasing an additional 1,803 shares during the quarter. United Advisor Group LLC’s holdings in Carlyle Secured Lending were worth $256,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Kimelman & Baird LLC bought a new position in Carlyle Secured Lending in the 2nd quarter worth approximately $35,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Carlyle Secured Lending in the second quarter valued at about $52,000. nVerses Capital LLC bought a new stake in Carlyle Secured Lending during the second quarter worth $53,000. Kingsview Wealth Management LLC bought a new stake in Carlyle Secured Lending in the first quarter valued at approximately $171,000. Finally, Magnetar Financial LLC bought a new position in shares of Carlyle Secured Lending in the second quarter valued at about $189,000. 24.51% of the stock is currently owned by institutional investors.

Carlyle Secured Lending Price Performance

Shares of CGBD opened at $16.41 on Thursday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.05. Carlyle Secured Lending, Inc. has a 12-month low of $14.02 and a 12-month high of $18.74. The stock has a market cap of $833.55 million, a P/E ratio of 8.29 and a beta of 1.59. The business’s fifty day moving average is $17.16 and its 200 day moving average is $17.40.

Carlyle Secured Lending (NASDAQ:CGBD) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. Carlyle Secured Lending had a return on equity of 12.74% and a net margin of 44.19%. The company had revenue of $55.97 million during the quarter, compared to the consensus estimate of $39.92 million. During the same quarter in the prior year, the company earned $0.52 EPS. Sell-side analysts anticipate that Carlyle Secured Lending, Inc. will post 1.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on CGBD. Wells Fargo & Company lifted their price target on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 29th. JPMorgan Chase & Co. cut Carlyle Secured Lending from a “neutral” rating to an “underweight” rating and set a $17.00 target price on the stock. in a report on Monday, July 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.