Canton Hathaway LLC Makes New Investment in Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

Canton Hathaway LLC purchased a new position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,640 shares of the company’s stock, valued at approximately $47,000.

Other institutional investors have also modified their holdings of the company. EMC Capital Management grew its stake in shares of Carlyle Secured Lending by 56.9% in the fourth quarter. EMC Capital Management now owns 13,021 shares of the company’s stock worth $233,000 after acquiring an additional 4,722 shares in the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of Carlyle Secured Lending by 12.9% in the third quarter. Great Valley Advisor Group Inc. now owns 13,165 shares of the company’s stock worth $223,000 after acquiring an additional 1,500 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Carlyle Secured Lending by 30.9% in the third 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. Private Advisor Group LLC acquired a new position in shares of Carlyle Secured Lending in the third quarter worth $235,000. Finally, United Advisor Group LLC grew its stake in shares of Carlyle Secured Lending by 13.6% in the third quarter. United Advisor Group LLC now owns 15,105 shares of the company’s stock worth $256,000 after acquiring an additional 1,803 shares in the last quarter. Institutional investors and hedge funds own 24.51% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “underweight” rating in a research report on Monday, February 3rd. Wells Fargo & Company lifted their price objective on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 29th. Finally, Bank of America cut shares of Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 price objective for the company. in a research report on Monday, February 10th.

Carlyle Secured Lending Price Performance

Shares of CGBD opened at $17.77 on Tuesday. Carlyle Secured Lending, Inc. has a 1-year low of $15.01 and a 1-year high of $18.74. The stock has a market cap of $904.60 million, a PE ratio of 9.93 and a beta of 1.57. 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 firm has a fifty day moving average price of $18.06 and a 200 day moving average price of $17.39.

Carlyle Secured Lending 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.