Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Bought by Capital Market Strategies LLC

Capital Market Strategies LLC lifted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 137,993 shares of the financial services provider’s stock after purchasing an additional 21,968 shares during the quarter. Goldman Sachs BDC comprises about 1.0% of Capital Market Strategies LLC’s investment portfolio, making the stock its 21st largest position. Capital Market Strategies LLC owned approximately 0.12% of Goldman Sachs BDC worth $1,670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GSBD. Van ECK Associates Corp boosted its stake in shares of Goldman Sachs BDC by 10.4% during the 3rd quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider’s stock worth $36,408,000 after acquiring an additional 255,458 shares in the last quarter. Marshall Wace LLP acquired a new position in Goldman Sachs BDC during the second quarter worth $18,533,000. J.W. Cole Advisors Inc. purchased a new stake in Goldman Sachs BDC during the third quarter worth $526,000. Stifel Financial Corp grew its holdings in Goldman Sachs BDC by 46.6% in the third quarter. Stifel Financial Corp now owns 21,910 shares of the financial services provider’s stock valued at $301,000 after purchasing an additional 6,963 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Goldman Sachs BDC by 143.4% in the fourth quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider’s stock valued at $161,000 after buying an additional 7,854 shares in the last quarter. Institutional investors and hedge funds own 28.72% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Goldman Sachs BDC Trading Down 0.4 %

NYSE:GSBD traded down $0.05 on Monday, hitting $12.16. 691,827 shares of the stock were exchanged, compared to its average volume of 855,093. The stock has a market cap of $1.43 billion, a PE ratio of 17.37 and a beta of 1.06. Goldman Sachs BDC, Inc. has a fifty-two week low of $11.87 and a fifty-two week high of $15.94. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. The stock has a fifty day moving average of $12.88 and a 200-day moving average of $13.88.

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

Goldman Sachs BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 14.80%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s payout ratio is 257.14%.

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.