<div id="readability-page-1"><p>Shares of Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report) have earned a consensus recommendation of &#34;Moderate Buy&#34; from the six brokerages that are currently  covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned  a buy recommendation to  the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $31.3750.</p><ul><li>Top 3 Business Development Companies for Double-Digit Dividends</li></ul><p>Several equities analysts recently issued reports on BXSL shares. Wells Fargo &amp; Company raised their price objective on Blackstone Secured Lending Fund from $27.00 to $28.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Thursday, August 7th. Royal Bank Of Canada reduced their price target on shares of Blackstone Secured Lending Fund from $33.00 to $32.00 and set an &#34;outperform&#34; rating on the stock in a research report on Thursday.</p><p><b>Check Out Our Latest Research Report on Blackstone Secured Lending Fund</b></p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently added to or reduced their stakes in BXSL. Bank of America Corp DE lifted its stake in  Blackstone Secured Lending Fund by 11.9% in the second quarter. Bank of America Corp DE now owns 7,820,346 shares of the company's stock valued at $240,476,000 after buying an additional 832,179 shares during the last quarter.  Ensign Peak Advisors Inc increased its holdings in shares of  Blackstone Secured Lending Fund by 1.6% in the 4th quarter. Ensign Peak Advisors Inc now owns 4,953,039 shares of the company's stock worth $160,033,000 after acquiring an additional 78,054 shares during the period.  Nomura Asset Management Co. Ltd. lifted its position in  Blackstone Secured Lending Fund by 3.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 4,260,951 shares of the company's stock valued at $131,024,000 after purchasing an additional 156,680 shares during the last quarter.  Northeast Financial Consultants Inc boosted its stake in  Blackstone Secured Lending Fund by 6.9% during the 2nd quarter. Northeast Financial Consultants Inc now owns 3,359,523 shares of the company's stock valued at $103,305,000 after purchasing an additional 216,835 shares during the period.  Finally, CCLA Investment Management boosted its stake in  Blackstone Secured Lending Fund by 54.1% during the 1st quarter. CCLA Investment Management now owns 3,214,583 shares of the company's stock valued at $104,023,000 after purchasing an additional 1,128,986 shares during the period. 36.49% of the stock is currently owned by institutional investors. </p><h2>Blackstone Secured Lending Fund Stock Performance</h2><p>Shares of Blackstone Secured Lending Fund stock traded up $0.01 during trading on Thursday, reaching $29.41. The company had a trading volume of 286,534 shares, compared to its average volume of 1,084,556. Blackstone Secured Lending Fund has a fifty-two week low of $25.89 and a fifty-two week high of $34.64. The firm's fifty day moving average is $30.92 and its 200-day moving average is $31.15. The company has a market cap of $6.77 billion, a price-to-earnings ratio of 10.35 and a beta of 0.45. </p><p>Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.04). Blackstone Secured Lending Fund had a net margin of 44.25% and a return on equity of 12.07%. The firm had revenue of $344.80 million for the quarter, compared to analyst estimates of $353.55 million.  On average, research analysts anticipate that  Blackstone Secured Lending Fund will post 3.54 EPS for the current fiscal year. </p><h2>Blackstone Secured Lending Fund Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Tuesday, September 30th. Blackstone Secured Lending Fund's dividend payout ratio  is presently 108.45%. </p><h2>Blackstone Secured Lending Fund Company Profile</h2> (Get Free Report)<p>Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act).</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Blackstone Secured Lending Fund</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>Dollar Tree Plunges Into Buy-Zone: A Robust Rebound Is Expected</li><li>How Investors Can Identify and Successfully Trade Gap-Down Stocks</li><li>3 Explosive Growth Stocks Hiding in Plain Sight</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>Ambarella's Earnings Prove Its Edge AI Strategy Is a Winner</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJYU0w?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJYU0w"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Blackstone Secured Lending Fund Right Now?</h2><p>Before you consider Blackstone Secured Lending Fund, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blackstone Secured Lending Fund wasn't on the list.</p><p>While Blackstone Secured Lending Fund currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Blackstone Secured Lending Fund (NYSE:BXSL) has received a consensus recommendation of "Moderate Buy" from six brokerages. Analysts have set an average twelve-month price target of $31.3750. Recent reports show Wells Fargo raised its price target to $28.00, while Royal Bank of Canada lowered it to $32.00. The fund recently declared a quarterly dividend of $0.77 per share, with a yield of 10.5%. The company reported $0.77 EPS for the last quarter, missing estimates, and has a market cap of $6.77 billion.</p>

Blackstone Secured Lending Fund (NYSE:BXSL) Receives Consensus Recommendation of "Moderate Buy" from Analysts