Carlyle Secured Lending, Inc. $CGBD Stock Holdings Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) by 451.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 100,000 shares of the company’s stock after purchasing an additional 81,875 shares during the quarter. International Assets Investment Management LLC owned 0.15% of Carlyle Secured Lending worth $1,069,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Allworth Financial LP bought a new stake in Carlyle Secured Lending in the second quarter worth $27,000. Burk Holdings LLC purchased a new position in Carlyle Secured Lending during the second quarter worth $37,000. Beaumont Financial Advisors LLC purchased a new position in Carlyle Secured Lending during the first quarter worth $110,000. SCS Capital Management LLC purchased a new position in Carlyle Secured Lending during the second quarter worth $123,000. Finally, CFO4Life Group LLC bought a new position in Carlyle Secured Lending during the second quarter valued at $129,000. Institutional investors own 24.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CGBD. Zacks Research raised shares of Carlyle Secured Lending from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 12th. Raymond James Financial set a $11.00 target price on shares of Carlyle Secured Lending in a report on Thursday, October 22nd. Finally, Wells Fargo & Company cut shares of Carlyle Secured Lending from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $12.00 to $11.00 in a research note on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $11.25.

Carlyle Secured Lending Trading Up 2.4%

Shares of NASDAQ CGBD opened at $11.04 on Thursday. 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 business’s 50 day moving average price is $10.97 and its 200-day moving average price is $11.13. Carlyle Secured Lending, Inc. has a fifty-two week low of $9.94 and a fifty-two week high of $13.28. The company has a market cap of $759.66 million, a price-to-earnings ratio of 21.65 and a beta of 0.66.

About Carlyle Secured Lending

Carlyle Secured Lending, Inc (NASDAQ:CGBD) is a business development company that invests in privately held, middle-market companies. Its primary objective is to generate current income and, to a lesser extent, capital appreciation by providing financing to businesses that may have limited access to traditional sources of capital.

The company primarily invests in first-lien senior secured loans, while also pursuing opportunities in second-lien loans, subordinated debt and equity investments.