Goldman Sachs BDC, Inc. $GSBD Shares Sold by Texas Yale Capital Corp.

Texas Yale Capital Corp. trimmed its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 15.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 45,135 shares of the financial services provider’s stock after selling 8,179 shares during the period. Texas Yale Capital Corp.’s holdings in Goldman Sachs BDC were worth $508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nicholas Hoffman & Company LLC. boosted its holdings in Goldman Sachs BDC by 5.1% in the first quarter. Nicholas Hoffman & Company LLC. now owns 19,291 shares of the financial services provider’s stock worth $224,000 after acquiring an additional 938 shares in the last quarter. Kraematon Investment Advisors Inc. increased its holdings in shares of Goldman Sachs BDC by 1.6% during the second quarter. Kraematon Investment Advisors Inc. now owns 61,331 shares of the financial services provider’s stock valued at $690,000 after acquiring an additional 969 shares in the last quarter. Garde Capital Inc. raised its position in shares of Goldman Sachs BDC by 1.0% in the 2nd quarter. Garde Capital Inc. now owns 100,500 shares of the financial services provider’s stock valued at $1,131,000 after purchasing an additional 1,000 shares during the last quarter. Aspiriant LLC boosted its stake in Goldman Sachs BDC by 9.5% in the 2nd quarter. Aspiriant LLC now owns 11,500 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its stake in Goldman Sachs BDC by 4.9% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 22,052 shares of the financial services provider’s stock worth $254,000 after purchasing an additional 1,022 shares in the last quarter. 28.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Goldman Sachs BDC

In related news, CEO Vivek Bantwal acquired 22,000 shares of Goldman Sachs BDC stock in a transaction on Friday, September 12th. The stock was acquired at an average price of $11.36 per share, for a total transaction of $249,920.00. Following the purchase, the chief executive officer owned 22,000 shares of the company’s stock, valued at approximately $249,920. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.12% of the company’s stock.

Goldman Sachs BDC Stock Performance

GSBD opened at $9.87 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC, Inc. has a 12-month low of $9.38 and a 12-month high of $13.44. The firm has a 50 day moving average of $10.45 and a two-hundred day moving average of $11.01. The firm has a market capitalization of $1.13 billion, a PE ratio of 7.83 and a beta of 0.75.

Goldman Sachs BDC (NYSE:GSBD) last released its quarterly earnings data on Thursday, November 6th. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. Goldman Sachs BDC had a net margin of 36.17% and a return on equity of 13.95%. The firm had revenue of $91.60 million for the quarter, compared to analyst estimates of $88.16 million. On average, analysts anticipate that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 27th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.28 annualized dividend and a yield of 13.0%. This is an increase from Goldman Sachs BDC’s previous quarterly dividend of $0.04. Goldman Sachs BDC’s payout ratio is 101.59%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Zacks Research lowered shares of Goldman Sachs BDC from a “hold” rating to a “strong sell” rating in a research note on Friday, August 15th. Weiss Ratings reissued a “hold (c-)” rating on shares of Goldman Sachs BDC in a report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Goldman Sachs BDC has a consensus rating of “Sell” and a consensus price target of $10.00.

Goldman Sachs BDC 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.