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

Canton Hathaway LLC bought a new position in Carlyle Secured Lending, Inc. (NASDAQ:CGBD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,640 shares of the company’s stock, valued at approximately $47,000.

A number of other institutional investors have also bought and sold shares of CGBD. Great Valley Advisor Group Inc. lifted its stake in Carlyle Secured Lending by 12.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 13,165 shares of the company’s stock worth $223,000 after purchasing an additional 1,500 shares in the last quarter. EMC Capital Management increased its holdings in shares of Carlyle Secured Lending by 56.9% during the 4th quarter. EMC Capital Management now owns 13,021 shares of the company’s stock worth $233,000 after buying an additional 4,722 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Carlyle Secured Lending by 30.9% during the 3rd quarter. Jane Street Group LLC now owns 13,775 shares of the company’s stock worth $234,000 after buying an additional 3,249 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of Carlyle Secured Lending during the 3rd quarter worth approximately $235,000. Finally, United Advisor Group LLC increased its holdings in shares of Carlyle Secured Lending by 13.6% during the 3rd quarter. United Advisor Group LLC now owns 15,105 shares of the company’s stock worth $256,000 after buying an additional 1,803 shares during the last quarter. 24.51% of the stock is owned by hedge funds and other institutional investors.

Carlyle Secured Lending Stock Down 0.6 %

Carlyle Secured Lending stock opened at $17.77 on Tuesday. Carlyle Secured Lending, Inc. has a fifty-two week low of $15.01 and a fifty-two week high of $18.74. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a 50 day moving average price of $18.06 and a 200 day moving average price of $17.39. The company has a market capitalization of $904.60 million, a PE ratio of 9.93 and a beta of 1.57.

Analysts Set New Price Targets

CGBD has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “underweight” rating in a report on Monday, February 3rd. Bank of America downgraded shares of Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 price target for the company. in a report on Monday, February 10th. Finally, Wells Fargo & Company raised their price target on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th.

About Carlyle Secured Lending

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.