TPG Specialty Lending Inc. (NYSE:TSLX) VP David Stiepleman purchased 5,535 shares of the stock in a transaction on Monday, November 14th. The stock was acquired at an average cost of $17.99 per share, with a total value of $99,574.65. Following the completion of the purchase, the vice president now directly owns 5,535 shares of the company’s stock, valued at $99,574.65. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of TPG Specialty Lending Inc. (NYSE:TSLX) traded up 2.16% during trading on Wednesday, hitting $18.44. 205,850 shares of the company traded hands. TPG Specialty Lending Inc. has a 52 week low of $15.11 and a 52 week high of $18.79. The company has a 50 day moving average price of $17.86 and a 200 day moving average price of $17.40.

TPG Specialty Lending (NYSE:TSLX) last posted its earnings results on Monday, November 7th. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.08. The company earned $53.92 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 15.3% on a year-over-year basis. During the same period last year, the company posted $0.48 earnings per share. On average, analysts anticipate that TPG Specialty Lending Inc. will post $1.79 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 31st. Shareholders of record on Saturday, December 31st will be paid a $0.39 dividend. The ex-dividend date is Wednesday, December 28th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.46%. TPG Specialty Lending’s payout ratio is currently 91.77%.

Several institutional investors have recently modified their holdings of the company. Boothbay Fund Management LLC boosted its position in shares of TPG Specialty Lending by 24.3% in the first quarter. Boothbay Fund Management LLC now owns 20,783 shares of the company’s stock worth $335,000 after buying an additional 4,066 shares during the last quarter. Delphi Financial Group Inc. boosted its position in shares of TPG Specialty Lending by 19.7% in the second quarter. Delphi Financial Group Inc. now owns 1,142,719 shares of the company’s stock worth $18,946,000 after buying an additional 188,397 shares during the last quarter. Strs Ohio boosted its position in shares of TPG Specialty Lending by 2.5% in the second quarter. Strs Ohio now owns 4,162,136 shares of the company’s stock worth $69,133,000 after buying an additional 101,452 shares during the last quarter. Confluence Investment Management LLC boosted its position in shares of TPG Specialty Lending by 11.9% in the second quarter. Confluence Investment Management LLC now owns 370,218 shares of the company’s stock worth $6,149,000 after buying an additional 39,490 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its position in shares of TPG Specialty Lending by 30.9% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 36,123 shares of the company’s stock worth $600,000 after buying an additional 8,523 shares during the last quarter. 59.93% of the stock is owned by institutional investors and hedge funds.

TSLX has been the subject of several recent research reports. National Securities reissued a “buy” rating and issued a $18.00 price target on shares of TPG Specialty Lending in a research note on Friday, August 5th. TheStreet downgraded shares of TPG Specialty Lending from a “buy” rating to a “hold” rating in a research note on Tuesday, September 20th. Zacks Investment Research raised shares of TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Thursday, November 10th. 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 research note on Friday, August 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of TPG Specialty Lending from $17.00 to $17.50 and gave the company a “neutral” rating in a research note on Friday, August 5th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. TPG Specialty Lending currently has a consensus rating of “Buy” and a consensus target price of $18.57.

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.

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