Delphi Financial Group Inc.出售了 TPG 专业贷款公司 (NYSE:TSLX) 的股票

Delphi Financial Group Inc. trimmed its holdings in shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLX - Free Report) by 35.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,106 shares of the financial services provider's stock after selling 25,000 shares during the period. Sixth Street Specialty Lending accounts for about 0.6% of Delphi Financial Group Inc.'s holdings, making the stock its 16th largest holding. Delphi Financial Group Inc.'s holdings in Sixth Street Specialty Lending were worth $1,009,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Janney Montgomery Scott LLC lifted its holdings in shares of Sixth Street Specialty Lending by 108.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 276,845 shares of the financial services provider's stock valued at $6,196,000 after purchasing an additional 144,096 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Sixth Street Specialty Lending by 8.1% during the first quarter. Cetera Investment Advisers now owns 448,898 shares of the financial services provider's stock worth $10,046,000 after buying an additional 33,818 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Sixth Street Specialty Lending by 15.3% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 435,607 shares of the financial services provider's stock worth $9,749,000 after buying an additional 57,962 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Sixth Street Specialty Lending in the 1st quarter valued at about $201,000. Finally, Magnus Financial Group LLC purchased a new stake in Sixth Street Specialty Lending during the 1st quarter valued at approximately $322,000. 70.25% of the stock is owned by institutional investors and hedge funds.

Sixth Street Specialty Lending Stock Down 1.0%

Shares of NYSE TSLX opened at $23.77 on Friday. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 11.83 and a beta of 0.84. Sixth Street Specialty Lending, Inc. has a 52 week low of $18.58 and a 52 week high of $25.17. The firm has a 50-day moving average price of $23.79 and a 200 day moving average price of $22.54. The company has a quick ratio of 3.79, a current ratio of 3.79 and a debt-to-equity ratio of 1.07.

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.03. The business had revenue of $115.00 million for the quarter, compared to analysts' expectations of $110.42 million. Sixth Street Specialty Lending had a return on equity of 13.47% and a net margin of 39.56%. During the same quarter in the prior year, the firm posted $0.58 EPS. Equities research analysts anticipate that Sixth Street Specialty Lending, Inc. will post 2.19 EPS for the current fiscal year.

Sixth Street Specialty Lending Increases Dividend

The firm also recently disclosed a -- dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.46 dividend. This represents a yield of 770.0%. The ex-dividend date of this dividend is Monday, September 15th. This is a positive change from Sixth Street Specialty Lending's previous -- dividend of $0.06. Sixth Street Specialty Lending's dividend payout ratio is currently 91.54%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their target price on Sixth Street Specialty Lending from $23.00 to $21.50 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Wells Fargo & Company lifted their price objective on shares of Sixth Street Specialty Lending from $21.00 to $24.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. JMP Securities boosted their price objective on shares of Sixth Street Specialty Lending from $24.00 to $25.00 and gave the company a "market outperform" rating in a research note on Wednesday. Raymond James Financial cut their price objective on shares of Sixth Street Specialty Lending from $24.00 to $23.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Finally, B. Riley started coverage on shares of Sixth Street Specialty Lending in a research note on Tuesday, May 13th. They issued a "buy" rating and a $23.00 target price for the company. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $23.28.

Read Our Latest Research Report on TSLX

About Sixth Street Specialty Lending

Sixth Street Specialty Lending, Inc NYSE: TSLX is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.

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