Fintel reported by B. Riley Securities on June 16, 2023. started Scope of Sixth Street Specialty Lending (New York Stock Exchange: TSLX) with buy recommendation.
Analyst Price Expectations Suggest 13.29% Gains
1 year average as of June 2, 2023 target price 21.20 for Sixth Street Specialty Lending. Expectations range from a low of $19.44 to a high of $23.10. The average target price is up 13.29% from the latest reported closing price of 18.71%.
see our corporate leaderboard The target price has the most upside potential.
Sixth Street Specialty Lending annual revenue is expected to grow 18.17% to 400 million.Non-GAAP Annual Forecast EPS is 2.22.
Sixth Street Specialty Lending Declares Dividend of $0.46
On May 8, 2023, the company declared: Quarterly regular dividend $0.46 per share ($1.84 per annum). Shareholders of record as of June 15, 2023 will receive payment on June 30, 2023. Previously, the company paid $0.46 per share.
At the current stock price of $18.71/share, the dividend yield is 9.83%.
Looking back over the past five years and taking a weekly sample, the average dividend yield was 10.31%, with a low of 7.67% and a high of 15.49%. The standard deviation of yield is 1.95 (n=196).
The current dividend yield is 0.24 standard deviations below the historical average.
The company’s three-year dividend growth rate is -0.01%.
What is Fund Sentiment?
there is 218 foundations or institutions reporting positions At 6th Street Specialty Lending. That’s down 5 owners or 2.24% from the last quarter.Portfolio average weight out of all funds TSLX dedicated was 0.37%, an increase of 16.23%. Total shares owned by institutional investors fell by 5.35% over the past three months to 35,839,000 shares. of put/call ratio TSLX is at 0.56, indicating a bullish outlook.
What are other shareholders doing?
Stolls, Ohio It holds 2,894,000 shares. Earlier filings reported that the company owned 2,805,000 shares. will increase 3.09%.office increased The portfolio allocation to TSLX increased by 121,150.56% quarter-on-quarter.
Sixth Street Partners Management Company It holds 2,714,000 shares. There was no change in the last quarter.
FMCSX – Fidelity Mid Cap Fund holds 1,971,000 shares. Earlier filings reported that the company owned 1,963,000 shares. will increase 0.40%.office Diminished Portfolio allocations to TSLX increased 3.46% quarter-on-quarter.
sound profit strategy holds 1,712,000 shares. Earlier filings reported that the company owned 1,720,000 shares. Decrease 0.46%.office Diminished Portfolio allocations to TSLX increased 5.11% quarter-on-quarter.
offspring 3 holds 1,712,000 shares. Earlier filings reported that the company owned 1,658,000 shares. will increase 3.12%.office increased Portfolio allocations to TSLX increased 3.60% QoQ.
6th Street Specialty Lending Background Information
(This description was provided by us.)
Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to mid-market companies. The Company seeks to generate recurring income through direct senior secured loan originations and, to a lesser extent, mezzanine and unsecured loan originations, and investments in corporate bonds and equity, primarily in mid-market companies based in the United States. ing. The Company has elected to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder. TSLX is externally managed by Sixth Street Specialty Advisers, LLC, an affiliate of Sixth Street and his SEC-registered investment advisor. TSLX leverages the extensive investment, sector and operational resources of Sixth Street Partners, LLC, a global investment firm with over $50 billion in assets under management.
Main filings of this company:
This story was originally Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
Summarize this content to 100 words
Fintel reported by B. Riley Securities on June 16, 2023. started Scope of Sixth Street Specialty Lending (New York Stock Exchange: TSLX) with buy recommendation. Analyst Price Expectations Suggest 13.29% Gains 1 year average as of June 2, 2023 target price 21.20 for Sixth Street Specialty Lending. Expectations range from a low of $19.44 to a high of $23.10. The average target price is up 13.29% from the latest reported closing price of 18.71%.
see our corporate leaderboard The target price has the most upside potential. Sixth Street Specialty Lending annual revenue is expected to grow 18.17% to 400 million.Non-GAAP Annual Forecast EPS is 2.22. Sixth Street Specialty Lending Declares Dividend of $0.46 On May 8, 2023, the company declared: Quarterly regular dividend $0.46 per share ($1.84 per annum). Shareholders of record as of June 15, 2023 will receive payment on June 30, 2023. Previously, the company paid $0.46 per share. At the current stock price of $18.71/share, the dividend yield is 9.83%. Looking back over the past five years and taking a weekly sample, the average dividend yield was 10.31%, with a low of 7.67% and a high of 15.49%. The standard deviation of yield is 1.95 (n=196).
The current dividend yield is 0.24 standard deviations below the historical average. The company’s three-year dividend growth rate is -0.01%. What is Fund Sentiment? there is 218 foundations or institutions reporting positions At 6th Street Specialty Lending. That’s down 5 owners or 2.24% from the last quarter.Portfolio average weight out of all funds TSLX dedicated was 0.37%, an increase of 16.23%. Total shares owned by institutional investors fell by 5.35% over the past three months to 35,839,000 shares. of put/call ratio TSLX is at 0.56, indicating a bullish outlook. What are other shareholders doing? Stolls, Ohio It holds 2,894,000 shares. Earlier filings reported that the company owned 2,805,000 shares. will increase 3.09%.office increased The portfolio allocation to TSLX increased by 121,150.56% quarter-on-quarter. Sixth Street Partners Management Company It holds 2,714,000 shares. There was no change in the last quarter. FMCSX – Fidelity Mid Cap Fund holds 1,971,000 shares. Earlier filings reported that the company owned 1,963,000 shares. will increase 0.40%.office Diminished Portfolio allocations to TSLX increased 3.46% quarter-on-quarter.
sound profit strategy holds 1,712,000 shares. Earlier filings reported that the company owned 1,720,000 shares. Decrease 0.46%.office Diminished Portfolio allocations to TSLX increased 5.11% quarter-on-quarter. offspring 3 holds 1,712,000 shares. Earlier filings reported that the company owned 1,658,000 shares. will increase 3.12%.office increased Portfolio allocations to TSLX increased 3.60% QoQ. 6th Street Specialty Lending Background Information(This description was provided by us.) Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to mid-market companies. The Company seeks to generate recurring income through direct senior secured loan originations and, to a lesser extent, mezzanine and unsecured loan originations, and investments in corporate bonds and equity, primarily in mid-market companies based in the United States. ing. The Company has elected to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder. TSLX is externally managed by Sixth Street Specialty Advisers, LLC, an affiliate of Sixth Street and his SEC-registered investment advisor. TSLX leverages the extensive investment, sector and operational resources of Sixth Street Partners, LLC, a global investment firm with over $50 billion in assets under management.
Main filings of this company: This story was originally Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/b.-riley-securities-initiates-coverage-of-sixth-street-specialty-lending-tslx-with-buy B. Riley Securities Launches Six Street Specialty Lending (TSLX) Coverage with Buy Recommendations