Carlyle Secured Lending (NASDAQ:CGBD) Upgraded at Wells Fargo & Company\n\nKey Points\n* Carlyle Secured Lending has been upgraded from \"equal weight\" to \"overweight\" by Wells Fargo & Company, with a target price set at $15.00.\n* The upgrade suggests a potential upside of 6.72% from the stock's previous close.\n* Other analysts have mixed ratings on the stock, with some downgrading their price targets and ratings, leading to an average rating of \"Hold.\">\n* Carlyle Secured Lending has reported earnings of $0.41 per share, missing expectations, with a current average target price of $15.25.\n\nCarlyle Secured Lending ( - ) has been upgraded from an equal weight rating to an overweight rating in a report released on Friday, reports. The firm currently has $15.00 target price on the stock, up from their prior target price of $13.00. A number of other equities analysts also recently commented on CGBD. B. Riley upgraded shares of Carlyle Secured Lending to a \"hold\" rating in a research note on Monday, June 16th. Raymond James Financial began coverage on shares of Carlyle Secured Lending in a research note on Thursday, July 17th. They set a \"market perform\" rating for the company. Oppenheimer lowered their target price on shares of Carlyle Secured Lending from $17.00 to $15.00 and set a \"market perform\" rating for the company in a research note on Thursday, May 8th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Carlyle Secured Lending from $17.00 to $14.00 and set an \"underweight\" rating for the company in a research note on Thursday, April 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the company has an average rating of \"Hold\" and an average target price of $15.25.\n\nCarlyle Secured Lending Trading Up 1.7% traded up $0.24 on Friday, reaching $14.20. The stock had a trading volume of 826,728 shares, compared to its average volume of 398,391. The firm has a market capitalization of $723.63 million, a price-to-earnings ratio of 10.52 and a beta of 0.85. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.03. Carlyle Secured Lending has a 12-month low of $13.12 and a 12-month high of $18.64. The stock has a fifty day moving average price of $13.96 and a two-hundred day moving average price of $15.56.\n\nCarlyle Secured Lending ( - ) last announced its earnings results on Tuesday, May 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.02). Carlyle Secured Lending had a net margin of 32.72% and a return on equity of 10.49%. The firm had revenue of $54.60 million during the quarter, compared to analysts' expectations of $55.50 million. As a group, sell-side analysts forecast that Carlyle Secured Lending will post 1.97 EPS for the current fiscal year.\n\nCarlyle Secured Lending Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.60 annualized dividend and a yield of 11.27%. Carlyle Secured Lending's dividend payout ratio is presently 118.52%.\n\nHedge Funds Weigh In On Carlyle Secured Lending Large investors have recently bought and sold shares of the stock. Lido Advisors LLC increased its stake in Carlyle Secured Lending by 12.3% in the 4th quarter. Lido Advisors LLC now owns 11,416 shares of the company's stock valued at $210,000 after buying an additional 1,247 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of Carlyle Secured Lending by 17.1% in the first quarter. Sunbelt Securities Inc. now owns 10,297 shares of the company's stock valued at $167,000 after buying an additional 1,500 shares in the last quarter. Quarry LP purchased a new stake in shares of Carlyle Secured Lending in the first quarter valued at approximately $32,000. Triumph Capital Management increased its holdings in Carlyle Secured Lending by 5.1% in the first quarter. Triumph Capital Management now owns 41,631 shares of the company's stock valued at $674,000 after buying an additional 2,038 shares in the last quarter. Finally, Aquatic Capital Management LLC increased its holdings in Carlyle Secured Lending by 541.8% in the fourth quarter. Aquatic Capital Management LLC now owns 2,567 shares of the company's stock valued at $46,000 after buying an additional 2,167 shares in the last quarter. Institutional investors and hedge funds own 24.51% of the company's stock.\n\nCarlyle 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.

Wells Fargo & Company Upgrades Carlyle Secured Lending (NASDAQ:CGBD) to "Overweight"

Wells Fargo & Company upgraded Carlyle Secured Lending (NASDAQ:CGBD) to "Overweight" with a target price of $15.00, suggesting a potential 6.72% upside from its previous close. The company reported earnings of $0.41 per share, missing expectations, with an average target price of $15.25. Analyst ratings on the stock are mixed, with an average rating of "Hold". The stock traded up 1.7% to $14.20, with a market cap of $723.63 million and a 12-month high of $18.64. The company also announced a quarterly dividend of $0.40, with an annualized yield of 11.27%.