Blackstone Secured Lending Fund (NYSE: BXSL) is 6.22% higher on its value in year-to-date trading and has touched a low of $25.89 and a high of $34.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BXSL stock was last observed hovering at around $32.55 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $32.44, the stock is 2.49% and 2.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -0.34% at the moment leaves the stock 2.63% off its SMA200. BXSL registered 0.40% gain for a year compared to 6-month loss of -0.12%. The firm has a 50-day simple moving average (SMA 50) of $31.604 and a 200-day simple moving average (SMA200) of $31.6102.
The stock witnessed a 3.51% gain in the last 1 month and extending the period to 3 months gives it a 11.25%, and is -0.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.36% over the week and 1.31% over the month.
Current P/E ratio is 10.30 and Fwd P/E is 10.71. Distance from 52-week low is 25.30% and -6.35% from its 52-week high.
The EPS is expected to shrink by -8.69% this year
407.0 institutions hold shares in Blackstone Secured Lending Fund (BXSL), with institutional investors hold 46.08% of the company’s shares. The shares outstanding are 229.68M, and float is at 205.53M with Short Float at 1.86%. Institutions hold 42.04% of the Float.
The top institutional shareholder in the company is BANK OF AMERICA CORP /DE/ with over 6.65 million shares valued at $203.65 million. The investor’s holdings represent 3.4299 of the BXSL Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 6.38 million shares valued at $195.22 million to account for 3.2879 of the shares outstanding. The other top investors are ENSIGN PEAK ADVISORS, INC which holds 5.04 million shares representing 2.5966 and valued at over $154.17 million, while NOMURA ASSET MANAGEMENT CO LTD holds 2.2194 of the shares totaling 4.3 million with a market value of $131.78 million.
Blackstone Secured Lending Fund (BXSL) Insider Activity
The most recent transaction is an insider purchase by Bass Robert J, the company’s Trustee. SEC filings show that Bass Robert J bought 1,626 shares of the company’s common stock on May 13 ’25 at a price of $30.78 per share for a total of $50048.0. Following the purchase, the insider now owns 17403.0 shares.
