Advisory Research Inc. Sells 58,598 Shares of TPG Specialty Lending Inc (TSLX)

Advisory Research Inc. decreased its holdings in shares of TPG Specialty Lending Inc (NYSE:TSLX) by 15.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 320,768 shares of the financial services provider’s stock after selling 58,598 shares during the quarter. Advisory Research Inc. owned about 0.53% of TPG Specialty Lending worth $6,351,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TSLX. LSV Asset Management raised its stake in TPG Specialty Lending by 90.3% during the fourth quarter. LSV Asset Management now owns 485,627 shares of the financial services provider’s stock valued at $9,615,000 after purchasing an additional 230,447 shares in the last quarter. Strs Ohio raised its stake in shares of TPG Specialty Lending by 2.8% in the fourth quarter. Strs Ohio now owns 4,770,420 shares of the financial services provider’s stock valued at $94,454,000 after acquiring an additional 127,955 shares during the period. First Trust Advisors LP purchased a new stake in shares of TPG Specialty Lending in the fourth quarter valued at $2,167,000. Atlantic Trust Group LLC purchased a new stake in shares of TPG Specialty Lending in the third quarter valued at $2,100,000. Finally, OxFORD Asset Management LLP raised its stake in shares of TPG Specialty Lending by 767.3% in the third quarter. OxFORD Asset Management LLP now owns 106,007 shares of the financial services provider’s stock valued at $2,203,000 after acquiring an additional 93,784 shares during the period. 63.63% of the stock is currently owned by institutional investors.

Shares of TPG Specialty Lending Inc (NYSE TSLX) opened at $18.31 on Friday. TPG Specialty Lending Inc has a 12 month low of $17.76 and a 12 month high of $21.74. The firm has a market cap of $1,110.55, a price-to-earnings ratio of 9.34, a PEG ratio of 3.42 and a beta of 0.57. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.58.

Several brokerages have recently weighed in on TSLX. Zacks Investment Research raised shares of TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Friday, November 10th. SunTrust Banks reissued a “buy” rating and issued a $22.00 target price on shares of TPG Specialty Lending in a research note on Friday, November 10th. BidaskClub downgraded shares of TPG Specialty Lending from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 9th. Finally, National Securities increased their target price on shares of TPG Specialty Lending from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, November 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $21.75.

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TPG Specialty Lending 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.

Institutional Ownership by Quarter for TPG Specialty Lending (NYSE:TSLX)

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