Standard Life Aberdeen plc lessened its holdings in TPG Specialty Lending Inc (NYSE:TSLX) by 27.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,000 shares of the financial services provider’s stock after selling 13,000 shares during the quarter. Standard Life Aberdeen plc owned 0.05% of TPG Specialty Lending worth $714,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Janney Montgomery Scott LLC raised its position in TPG Specialty Lending by 5.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 59,071 shares of the financial services provider’s stock worth $1,204,000 after purchasing an additional 3,117 shares during the period. Tower Research Capital LLC TRC grew its holdings in TPG Specialty Lending by 310.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,481 shares of the financial services provider’s stock worth $134,000 after acquiring an additional 5,660 shares during the last quarter. First Republic Investment Management Inc. grew its holdings in TPG Specialty Lending by 6.6% in the 2nd quarter. First Republic Investment Management Inc. now owns 106,558 shares of the financial services provider’s stock worth $1,911,000 after acquiring an additional 6,557 shares during the last quarter. LGT Capital Partners LTD. grew its holdings in TPG Specialty Lending by 1.7% in the 3rd quarter. LGT Capital Partners LTD. now owns 410,000 shares of the financial services provider’s stock worth $8,360,000 after acquiring an additional 6,850 shares during the last quarter. Finally, California Public Employees Retirement System grew its holdings in TPG Specialty Lending by 53.0% in the 2nd quarter. California Public Employees Retirement System now owns 25,400 shares of the financial services provider’s stock worth $456,000 after acquiring an additional 8,800 shares during the last quarter. Institutional investors own 59.99% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of TPG Specialty Lending from a “buy” rating to a “hold” rating in a report on Tuesday. National Securities raised their price target on shares of TPG Specialty Lending from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 12th. Bank of America raised their price target on shares of TPG Specialty Lending from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, November 9th. Finally, ValuEngine lowered shares of TPG Specialty Lending from a “hold” rating to a “sell” rating in a report on Monday, October 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $21.71.

Shares of TPG Specialty Lending stock opened at $19.42 on Wednesday. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 4.77 and a beta of 0.69. TPG Specialty Lending Inc has a 12-month low of $17.00 and a 12-month high of $21.24. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.60 and a current ratio of 0.60.

TPG Specialty Lending (NYSE:TSLX) last announced its earnings results on Tuesday, November 6th. The financial services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. The firm had revenue of $63.00 million for the quarter, compared to analyst estimates of $58.77 million. TPG Specialty Lending had a net margin of 55.73% and a return on equity of 12.21%. During the same quarter in the previous year, the firm posted $0.41 EPS. Research analysts expect that TPG Specialty Lending Inc will post 2.1 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of record on Friday, December 14th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date of this dividend was Thursday, December 13th. TPG Specialty Lending’s payout ratio is 78.00%.

TRADEMARK VIOLATION WARNING: “Standard Life Aberdeen plc Has $714,000 Position in TPG Specialty Lending Inc (TSLX)” was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.watchlistnews.com/standard-life-aberdeen-plc-has-714000-position-in-tpg-specialty-lending-inc-tslx/2749451.html.

TPG Specialty Lending Profile

TPG Specialty Lending, Inc is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), mezzanine debt, 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.

Featured Story: What is the Bid-Ask Spread?

Want to see what other hedge funds are holding TSLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TPG Specialty Lending Inc (NYSE:TSLX).

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

Receive News & Ratings for TPG Specialty Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG Specialty Lending and related companies with MarketBeat.com's FREE daily email newsletter.