TPG Specialty Lending, Inc. (NYSE:TSLX) had its price target hoisted by stock analysts at JMP Securities from $21.50 to $22.00 in a research note issued on Monday. The firm presently has an “outperform” rating on the financial services provider’s stock. JMP Securities’ price objective would suggest a potential upside of 3.82% from the stock’s current price.

Other analysts also recently issued research reports about the company. Zacks Investment Research upgraded TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Wednesday, July 5th. BidaskClub downgraded TPG Specialty Lending from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 20th. Finally, National Securities restated a “neutral” rating and set a $19.00 target price on shares of TPG Specialty Lending in a research report on Monday, May 8th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $19.80.

Shares of TPG Specialty Lending (NYSE:TSLX) traded up 0.33% on Monday, reaching $21.19. The company had a trading volume of 343,562 shares. TPG Specialty Lending has a 12 month low of $17.00 and a 12 month high of $21.43. The company’s 50-day moving average is $20.53 and its 200 day moving average is $20.14.

TPG Specialty Lending (NYSE:TSLX) last announced its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.11. TPG Specialty Lending had a return on equity of 12.68% and a net margin of 60.77%. The company had revenue of $58.82 million during the quarter, compared to the consensus estimate of $49.41 million. During the same quarter last year, the company earned $0.43 EPS. The company’s quarterly revenue was up 27.8% on a year-over-year basis. On average, equities research analysts anticipate that TPG Specialty Lending will post $1.88 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “JMP Securities Boosts TPG Specialty Lending, Inc. (NYSE:TSLX) Price Target to $22.00” was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.americanbankingnews.com/2017/08/07/jmp-securities-boosts-tpg-specialty-lending-inc-nysetslx-price-target-to-22-00.html.

Institutional investors have recently modified their holdings of the stock. Muzinich & Co. Inc. increased its position in shares of TPG Specialty Lending by 87.4% in the first quarter. Muzinich & Co. Inc. now owns 2,115,899 shares of the financial services provider’s stock valued at $43,143,000 after buying an additional 986,689 shares during the last quarter. Clough Capital Partners L P increased its position in shares of TPG Specialty Lending by 173.8% in the first quarter. Clough Capital Partners L P now owns 483,863 shares of the financial services provider’s stock valued at $9,564,000 after buying an additional 307,163 shares during the last quarter. UBS Group AG increased its position in shares of TPG Specialty Lending by 17.6% in the first quarter. UBS Group AG now owns 1,410,676 shares of the financial services provider’s stock valued at $28,764,000 after buying an additional 211,139 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD increased its position in shares of TPG Specialty Lending by 127.9% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 333,099 shares of the financial services provider’s stock valued at $6,791,000 after buying an additional 186,910 shares during the last quarter. Finally, Strs Ohio increased its position in shares of TPG Specialty Lending by 2.2% in the first quarter. Strs Ohio now owns 4,454,994 shares of the financial services provider’s stock valued at $90,837,000 after buying an additional 97,904 shares during the last quarter. Hedge funds and other institutional investors own 64.35% of the company’s stock.

About TPG Specialty Lending

TPG Specialty Lending, Inc is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on lending to middle-market companies. It seeks to generate current income primarily in the United States-domiciled middle-market companies through direct originations of senior secured loans and originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.

Receive News & Ratings for TPG Specialty Lending Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG Specialty Lending Inc. and related companies with MarketBeat.com's FREE daily email newsletter.