LSV Asset Management Acquires 230,447 Shares of TPG Specialty Lending Inc (TSLX)

LSV Asset Management boosted its holdings in TPG Specialty Lending Inc (NYSE:TSLX) by 90.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 485,627 shares of the financial services provider’s stock after purchasing an additional 230,447 shares during the period. LSV Asset Management owned approximately 0.81% of TPG Specialty Lending worth $9,615,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of TSLX. Steward Partners Investment Advisory LLC bought a new position in shares of TPG Specialty Lending during the fourth quarter valued at about $104,000. Global X MANAGEMENT CO LLC raised its stake in shares of TPG Specialty Lending by 37.9% during the third quarter. Global X MANAGEMENT CO LLC now owns 9,454 shares of the financial services provider’s stock valued at $198,000 after acquiring an additional 2,600 shares during the last quarter. IFG Advisory LLC bought a new position in shares of TPG Specialty Lending during the fourth quarter valued at about $209,000. Nationwide Fund Advisors bought a new position in shares of TPG Specialty Lending during the third quarter valued at about $256,000. Finally, Koshinski Asset Management Inc. raised its stake in shares of TPG Specialty Lending by 21.9% during the fourth quarter. Koshinski Asset Management Inc. now owns 16,400 shares of the financial services provider’s stock valued at $325,000 after acquiring an additional 2,950 shares during the last quarter. 63.63% of the stock is owned by institutional investors and hedge funds.

Shares of TPG Specialty Lending Inc (NYSE TSLX) traded up $0.05 during midday trading on Friday, hitting $18.36. 203,935 shares of the company traded hands, compared to its average volume of 292,626. TPG Specialty Lending Inc has a one year low of $17.76 and a one year high of $21.74. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of $1,105.73, a PE ratio of 9.37, a P/E/G ratio of 3.40 and a beta of 0.57.

TSLX has been the subject of several recent analyst reports. BidaskClub downgraded shares of TPG Specialty Lending from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 9th. Zacks Investment Research raised shares of TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Friday, November 10th. SunTrust Banks reiterated a “buy” rating and set a $22.00 price target on shares of TPG Specialty Lending in a research report on Friday, November 10th. Finally, National Securities boosted their price target on shares of TPG Specialty Lending from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $21.75.

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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.

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

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