Barclays PLC restated their hold rating on shares of TPG Specialty Lending Inc. (NYSE:TSLX) in a report released on Wednesday morning. Barclays PLC currently has a $18.00 price target on the stock.

Several other analysts also recently commented on the stock. National Securities reaffirmed a buy rating and set a $18.00 target price on shares of TPG Specialty Lending in a report on Friday, August 5th. TheStreet downgraded shares of TPG Specialty Lending from a buy rating to a hold rating in a report on Tuesday, September 20th. Zacks Investment Research downgraded shares of TPG Specialty Lending from a buy rating to a hold rating in a report on Thursday, October 6th. JMP Securities raised shares of TPG Specialty Lending from a market perform rating to an outperform rating and set a $18.50 price objective for the company in a report on Friday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of TPG Specialty Lending from $17.00 to $17.50 and gave the company a neutral rating in a report on Friday, August 5th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $18.57.

Analyst Recommendations for TPG Specialty Lending (NYSE:TSLX)

Shares of TPG Specialty Lending (NYSE:TSLX) opened at 17.92 on Wednesday. The stock’s 50 day moving average is $17.87 and its 200 day moving average is $17.36. TPG Specialty Lending has a 12-month low of $15.11 and a 12-month high of $18.79.

TPG Specialty Lending (NYSE:TSLX) last announced its earnings results on Monday, November 7th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.43 by $0.08. The business earned $53.92 million during the quarter, compared to the consensus estimate of $46.54 million. TPG Specialty Lending had a net margin of 53.66% and a return on equity of 11.50%. TPG Specialty Lending’s revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.48 EPS. On average, equities research analysts predict that TPG Specialty Lending will post $1.77 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Saturday, December 31st will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 8.71%. The ex-dividend date is Wednesday, December 28th. TPG Specialty Lending’s payout ratio is presently 91.77%.

Institutional investors have recently modified their holdings of the stock. GAM Holding AG purchased a new position in shares of TPG Specialty Lending during the third quarter valued at approximately $114,000. GSA Capital Partners LLP purchased a new position in shares of TPG Specialty Lending during the second quarter valued at approximately $185,000. Nomura Holdings Inc. purchased a new position in shares of TPG Specialty Lending during the second quarter valued at approximately $244,000. PineBridge Investments L.P. boosted its position in shares of TPG Specialty Lending by 188.7% in the second quarter. PineBridge Investments L.P. now owns 15,558 shares of the company’s stock valued at $258,000 after buying an additional 10,169 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of TPG Specialty Lending by 1,776.0% in the third quarter. Tower Research Capital LLC TRC now owns 16,884 shares of the company’s stock valued at $306,000 after buying an additional 15,984 shares during the last quarter. Institutional investors own 59.93% of the company’s stock.

About TPG Specialty Lending

TPG Specialty Lending, Inc (TSL) 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, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities.

5 Day Chart for NYSE:TSLX

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