Clarus Group Inc. Has $382,000 Holdings in Carlyle Secured Lending, Inc. (NASDAQ:CGBD)

Clarus Group Inc. decreased its position in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) by 27.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,291 shares of the company’s stock after selling 8,173 shares during the period. Clarus Group Inc.’s holdings in Carlyle Secured Lending were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Great Valley Advisor Group Inc. lifted its position in Carlyle Secured Lending by 12.9% during the 3rd 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 in the last quarter. EMC Capital Management raised its stake in shares of Carlyle Secured Lending by 56.9% in the fourth quarter. EMC Capital Management now owns 13,021 shares of the company’s stock worth $233,000 after acquiring an additional 4,722 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Carlyle Secured Lending by 30.9% during the third quarter. Jane Street Group LLC now owns 13,775 shares of the company’s stock worth $234,000 after purchasing an additional 3,249 shares in the last quarter. Private Advisor Group LLC bought a new stake in shares of Carlyle Secured Lending during the third quarter valued at approximately $235,000. Finally, Good Life Advisors LLC acquired a new stake in shares of Carlyle Secured Lending in the third quarter valued at approximately $253,000. Institutional investors and hedge funds own 24.51% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on CGBD shares. Wells Fargo & Company upped their price objective on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. Bank of America lowered Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 price target on the stock. in a research note on Monday. Finally, JPMorgan Chase & Co. lifted their price objective on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “underweight” rating in a research report on Monday, February 3rd.

Carlyle Secured Lending Price Performance

CGBD opened at $17.66 on Tuesday. The company has a fifty day moving average price of $18.04 and a two-hundred day moving average price of $17.35. 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 market capitalization of $899.00 million, a PE ratio of 9.87 and a beta of 1.57. Carlyle Secured Lending, Inc. has a 52 week low of $14.78 and a 52 week high of $18.74.

Carlyle Secured Lending 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.