Carlyle Secured Lending (NASDAQ:CGBD) Reaches New 52-Week Low at $12.75

Shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBDGet Rating) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.75 and last traded at $12.75, with a volume of 5109 shares trading hands. The stock had previously closed at $13.24.

The firm has a market cap of $640.33 million, a price-to-earnings ratio of 5.03 and a beta of 1.76. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.77 and a current ratio of 1.77. The business has a 50 day simple moving average of $14.25 and a 200-day simple moving average of $14.14.

Carlyle Secured Lending (NASDAQ:CGBDGet Rating) last announced its earnings results on Tuesday, May 3rd. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.05. Carlyle Secured Lending had a return on equity of 10.38% and a net margin of 87.20%. During the same period in the prior year, the firm posted $0.36 EPS. As a group, research analysts anticipate that Carlyle Secured Lending, Inc. will post 1.59 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Stockholders of record on Thursday, June 30th will be paid a $0.32 dividend. The ex-dividend date is Wednesday, June 29th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 10.49%. Carlyle Secured Lending’s payout ratio is presently 48.67%.

In other Carlyle Secured Lending news, VP Jonathan Pearl bought 1,750 shares of the business’s stock in a transaction dated Monday, May 16th. The shares were purchased at an average price of $14.29 per share, for a total transaction of $25,007.50. Following the purchase, the vice president now directly owns 4,871 shares of the company’s stock, valued at $69,606.59. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 0.50% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the stock. Future Financial Wealth Managment LLC purchased a new position in Carlyle Secured Lending in the fourth quarter valued at approximately $55,000. Wells Fargo & Company MN lifted its stake in Carlyle Secured Lending by 52.6% in the fourth quarter. Wells Fargo & Company MN now owns 7,590 shares of the company’s stock valued at $104,000 after purchasing an additional 2,617 shares during the last quarter. S.C. Financial Services Inc. purchased a new position in Carlyle Secured Lending in the fourth quarter valued at approximately $143,000. Welch & Forbes LLC purchased a new position in Carlyle Secured Lending in the first quarter valued at approximately $174,000. Finally, Jane Street Group LLC bought a new stake in Carlyle Secured Lending during the 3rd quarter valued at $178,000. Institutional investors and hedge funds own 23.19% of the company’s stock.

Carlyle Secured Lending Company Profile (NASDAQ:CGBD)

TCG BDC, 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.

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