2,700 Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD) Acquired by Signaturefd LLC

Signaturefd LLC acquired a new position in Goldman Sachs BDC, Inc. (NYSE:GSBD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,700 shares of the financial services provider’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp grew its stake in Goldman Sachs BDC by 5.5% in the third quarter. Van ECK Associates Corp now owns 1,707,323 shares of the financial services provider’s stock worth $24,859,000 after purchasing an additional 89,227 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Goldman Sachs BDC by 6.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,107,581 shares of the financial services provider’s stock worth $16,226,000 after buying an additional 67,482 shares during the period. Invesco Ltd. lifted its holdings in Goldman Sachs BDC by 3.3% during the third quarter. Invesco Ltd. now owns 862,743 shares of the financial services provider’s stock worth $12,562,000 after buying an additional 27,451 shares during the period. Advisors Capital Management LLC lifted its holdings in Goldman Sachs BDC by 2.6% during the third quarter. Advisors Capital Management LLC now owns 651,264 shares of the financial services provider’s stock worth $9,482,000 after buying an additional 16,512 shares during the period. Finally, Callodine Capital Management LP lifted its holdings in Goldman Sachs BDC by 50.0% during the third quarter. Callodine Capital Management LP now owns 450,000 shares of the financial services provider’s stock worth $6,552,000 after buying an additional 150,000 shares during the period. Institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Performance

Shares of GSBD opened at $15.43 on Friday. Goldman Sachs BDC, Inc. has a 12 month low of $12.75 and a 12 month high of $15.80. The stock has a fifty day moving average price of $15.23 and a 200-day moving average price of $14.93. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.14. The firm has a market cap of $1.73 billion, a PE ratio of 8.57 and a beta of 1.10.

Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings data on Wednesday, February 28th. The financial services provider reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). Goldman Sachs BDC had a net margin of 43.06% and a return on equity of 15.05%. The business had revenue of $115.40 million for the quarter, compared to analysts’ expectations of $117.09 million. Equities research analysts predict that Goldman Sachs BDC, Inc. will post 2.18 earnings per share for the current fiscal year.

Goldman Sachs BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.80 annualized dividend and a dividend yield of 11.67%. Goldman Sachs BDC’s dividend payout ratio is presently 100.00%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GSBD. StockNews.com upgraded Goldman Sachs BDC from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Wells Fargo & Company upped their target price on Goldman Sachs BDC from $14.50 to $15.00 and gave the stock an “equal weight” rating in a report on Monday, January 29th.

About Goldman Sachs BDC

Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.