Y Intercept Hong Kong Ltd Buys 59,653 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Y Intercept Hong Kong Ltd boosted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 137.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,034 shares of the financial services provider’s stock after acquiring an additional 59,653 shares during the period. Y Intercept Hong Kong Ltd owned 0.09% of Goldman Sachs BDC worth $1,418,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Van ECK Associates Corp increased its holdings in Goldman Sachs BDC by 10.4% in the 3rd quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider’s stock valued at $36,408,000 after buying an additional 255,458 shares during the period. Marshall Wace LLP bought a new position in Goldman Sachs BDC in the second quarter valued at approximately $18,533,000. Envestnet Asset Management Inc. raised its position in Goldman Sachs BDC by 17.9% during the second quarter. Envestnet Asset Management Inc. now owns 523,071 shares of the financial services provider’s stock valued at $7,862,000 after purchasing an additional 79,315 shares in the last quarter. Cetera Investment Advisers lifted its stake in Goldman Sachs BDC by 8.9% during the second quarter. Cetera Investment Advisers now owns 422,010 shares of the financial services provider’s stock worth $6,343,000 after purchasing an additional 34,631 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Goldman Sachs BDC by 3.3% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 418,871 shares of the financial services provider’s stock valued at $6,296,000 after purchasing an additional 13,319 shares in the last quarter. Institutional investors and hedge funds own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Performance

Shares of Goldman Sachs BDC stock opened at $12.94 on Wednesday. The company’s 50 day moving average price is $13.23 and its two-hundred day moving average price is $14.22. The firm has a market capitalization of $1.52 billion, a P/E ratio of 18.48 and a beta of 1.06. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. Goldman Sachs BDC, Inc. has a fifty-two week low of $12.67 and a fifty-two week high of $15.94.

Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $110.41 million for the quarter, compared to analyst estimates of $112.43 million. Goldman Sachs BDC had a return on equity of 15.72% and a net margin of 17.01%. During the same quarter in the previous year, the company posted $0.64 EPS. On average, equities analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, December 31st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 13.92%. Goldman Sachs BDC’s dividend payout ratio is presently 257.14%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, October 8th.

Goldman Sachs BDC Company Profile

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.