Private Advisor Group LLC Has $524,000 Stock Holdings in Sixth Street Specialty Lending, Inc. (NYSE:TSLX)

Private Advisor Group LLC lifted its holdings in Sixth Street Specialty Lending, Inc. (NYSE:TSLX) by 26.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,503 shares of the financial services provider’s stock after buying an additional 5,398 shares during the period. Private Advisor Group LLC’s holdings in Sixth Street Specialty Lending were worth $524,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. EntryPoint Capital LLC acquired a new stake in Sixth Street Specialty Lending during the first quarter valued at $35,000. nVerses Capital LLC acquired a new stake in Sixth Street Specialty Lending during the second quarter valued at $70,000. Ridgewood Investments LLC acquired a new stake in Sixth Street Specialty Lending during the second quarter valued at $77,000. Future Financial Wealth Managment LLC acquired a new stake in Sixth Street Specialty Lending during the third quarter valued at $86,000. Finally, Atlas Capital Advisors LLC acquired a new stake in Sixth Street Specialty Lending during the second quarter valued at $109,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Sixth Street Specialty Lending Price Performance

NYSE TSLX opened at $20.05 on Tuesday. Sixth Street Specialty Lending, Inc. has a fifty-two week low of $19.50 and a fifty-two week high of $22.35. The stock’s 50-day moving average is $20.72 and its two-hundred day moving average is $21.09. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $1.87 billion, a P/E ratio of 8.50 and a beta of 1.06.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TSLX shares. Wells Fargo & Company reduced their price objective on Sixth Street Specialty Lending from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Royal Bank of Canada restated an “outperform” rating and set a $23.00 target price on shares of Sixth Street Specialty Lending in a report on Thursday, August 15th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.42.

Sixth Street Specialty Lending Company Profile

Sixth Street Specialty Lending, Inc (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.