Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Sold by Centaurus Financial Inc.

Centaurus Financial Inc. trimmed its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD – Get Rating) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,165 shares of the financial services provider’s stock after selling 907 shares during the quarter. Centaurus Financial Inc. owned about 0.06% of Goldman Sachs BDC worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in GSBD. BlackRock Inc. lifted its position in Goldman Sachs BDC by 139.2% during the 1st quarter. BlackRock Inc. now owns 676,501 shares of the financial services provider’s stock worth $13,266,000 after acquiring an additional 393,739 shares during the period. Azimuth Capital Investment Management LLC acquired a new stake in shares of Goldman Sachs BDC in the 2nd quarter valued at approximately $4,445,000. Raymond James & Associates lifted its holdings in shares of Goldman Sachs BDC by 13.4% in the 3rd quarter. Raymond James & Associates now owns 1,391,114 shares of the financial services provider’s stock valued at $20,102,000 after buying an additional 164,282 shares during the period. Great West Life Assurance Co. Can acquired a new stake in shares of Goldman Sachs BDC in the 3rd quarter valued at approximately $1,743,000. Finally, Captrust Financial Advisors lifted its holdings in shares of Goldman Sachs BDC by 846.5% in the 3rd quarter. Captrust Financial Advisors now owns 111,918 shares of the financial services provider’s stock valued at $1,617,000 after buying an additional 100,094 shares during the period. 28.35% of the stock is owned by institutional investors and hedge funds.

Goldman Sachs BDC Stock Performance

Shares of GSBD stock opened at $13.83 on Friday. The stock has a fifty day moving average price of $15.25 and a 200 day moving average price of $15.34. The stock has a market cap of $1.42 billion, a PE ratio of 25.89 and a beta of 1.20. Goldman Sachs BDC, Inc. has a 1 year low of $13.28 and a 1 year high of $20.50. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.10 and a current ratio of 1.10.

Goldman Sachs BDC (NYSE:GSBD – Get Rating) last issued its quarterly earnings data on Thursday, February 23rd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.14. The firm had revenue of $106.50 million during the quarter, compared to analysts’ expectations of $102.02 million. Goldman Sachs BDC had a return on equity of 14.31% and a net margin of 15.17%. Sell-side analysts forecast that Goldman Sachs BDC, Inc. will post 2.14 earnings per share for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 27th. Shareholders of record on Friday, March 31st will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 13.02%. The ex-dividend date is Thursday, March 30th. Goldman Sachs BDC’s payout ratio is 339.63%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. StockNews.com assumed coverage on Goldman Sachs BDC in a report on Thursday. They issued a “hold” rating for the company. Wells Fargo & Company reduced their price target on Goldman Sachs BDC from $15.00 to $14.50 and set an “equal weight” rating for the company in a report on Monday, February 27th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Goldman Sachs BDC has a consensus rating of “Hold” and a consensus target price of $16.25.

Goldman Sachs BDC Company Profile

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Goldman Sachs BDC, Inc invests in middle market companies located in the US. The fund targets companies operating in the fields software, health technology information technology, commercial services and textiles with an investment size of $25 to $75 million and an EBITDA of $5 to $75 million. It provides financing in the form of senior secured debt, unitranche debt, junior secured, mezzanine debt and equity for acquisitions, refinancing, growth, LBOs, dividend recapitalization and restructuring transactions.