Jane Street Group LLC Buys 3,249 Shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

Jane Street Group LLC grew its stake in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) by 30.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,775 shares of the company’s stock after buying an additional 3,249 shares during the period. Jane Street Group LLC’s holdings in Carlyle Secured Lending were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Kimelman & Baird LLC bought a new stake in Carlyle Secured Lending in the second quarter worth $35,000. Northwestern Mutual Wealth Management Co. bought a new stake in Carlyle Secured Lending in the second quarter worth $52,000. Magnetar Financial LLC purchased a new position in Carlyle Secured Lending during the second quarter worth $189,000. Great Valley Advisor Group Inc. boosted its stake in Carlyle Secured Lending by 12.9% during the third quarter. Great Valley Advisor Group Inc. now owns 13,165 shares of the company’s stock worth $223,000 after buying an additional 1,500 shares during the period. Finally, Private Advisor Group LLC purchased a new position in Carlyle Secured Lending during the third quarter worth $235,000. Institutional investors own 24.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company dropped their price objective on shares of Carlyle Secured Lending from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Thursday, November 7th.

Carlyle Secured Lending Stock Down 0.4 %

NASDAQ CGBD opened at $17.87 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.99. The company has a fifty day moving average of $17.38 and a two-hundred day moving average of $17.32. The firm has a market capitalization of $909.69 million, a price-to-earnings ratio of 9.98 and a beta of 1.57. Carlyle Secured Lending, Inc. has a 52 week low of $14.76 and a 52 week high of $18.74.

Carlyle Secured Lending (NASDAQ:CGBD) last issued its earnings results on Tuesday, November 5th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $55.97 million during the quarter, compared to analyst estimates of $39.92 million. Carlyle Secured Lending had a net margin of 40.69% and a return on equity of 12.60%. During the same period in the previous year, the firm earned $0.52 earnings per share. On average, analysts predict that Carlyle Secured Lending, Inc. will post 1.98 earnings per share for the current year.

Carlyle Secured Lending Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.07%. The ex-dividend date is Tuesday, December 31st. Carlyle Secured Lending’s dividend payout ratio is currently 89.39%.

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.