Shares of TPG Specialty Lending Inc (NYSE:TSLX) have been given a consensus recommendation of “Hold” by the six ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $21.33.

Several research analysts have commented on TSLX shares. National Securities raised their price objective on TPG Specialty Lending from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Monday, November 13th. Zacks Investment Research downgraded TPG Specialty Lending from a “buy” rating to a “hold” rating in a report on Saturday, November 11th. BidaskClub downgraded TPG Specialty Lending from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $22.00 price target on shares of TPG Specialty Lending in a report on Friday, November 10th.

Shares of TPG Specialty Lending (NYSE:TSLX) opened at $19.95 on Wednesday. TPG Specialty Lending has a one year low of $18.20 and a one year high of $21.74. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $1,200.00, a P/E ratio of 10.18, a PEG ratio of 3.71 and a beta of 0.67.

TPG Specialty Lending (NYSE:TSLX) last issued its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.08. TPG Specialty Lending had a return on equity of 12.63% and a net margin of 56.43%. The firm had revenue of $48.86 million during the quarter, compared to analyst estimates of $48.58 million. During the same period last year, the company earned $0.51 EPS. sell-side analysts predict that TPG Specialty Lending will post 2.01 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, December 14th. This represents a $1.56 dividend on an annualized basis and a yield of 7.82%. TPG Specialty Lending’s dividend payout ratio is currently 79.59%.

A number of institutional investors and hedge funds have recently modified their holdings of TSLX. Greenwich Investment Management Inc. acquired a new stake in TPG Specialty Lending during the 2nd quarter worth about $2,305,000. Atlantic Trust Group LLC acquired a new stake in TPG Specialty Lending during the 3rd quarter worth about $2,100,000. OxFORD Asset Management LLP lifted its position in TPG Specialty Lending by 767.3% during the 3rd quarter. OxFORD Asset Management LLP now owns 106,007 shares of the financial services provider’s stock worth $2,203,000 after acquiring an additional 93,784 shares during the period. Strs Ohio lifted its position in TPG Specialty Lending by 2.0% during the 3rd quarter. Strs Ohio now owns 4,642,465 shares of the financial services provider’s stock worth $97,306,000 after acquiring an additional 90,656 shares during the period. Finally, LSV Asset Management lifted its position in TPG Specialty Lending by 198.8% during the 2nd quarter. LSV Asset Management now owns 124,600 shares of the financial services provider’s stock worth $2,548,000 after acquiring an additional 82,900 shares during the period. 62.92% of the stock is owned by institutional investors.

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TPG Specialty Lending Company Profile

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.

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