Mackenzie Financial Corp grew its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 14.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,840 shares of the financial services provider’s stock after acquiring an additional 8,711 shares during the period. Mackenzie Financial Corp’s holdings in Goldman Sachs BDC were worth $1,300,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. FinTrust Capital Advisors LLC bought a new position in shares of Goldman Sachs BDC during the second quarter valued at about $43,000. PNC Financial Services Group Inc. raised its stake in shares of Goldman Sachs BDC by 197.4% during the second quarter. PNC Financial Services Group Inc. now owns 2,974 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 1,974 shares during the last quarter. Spire Wealth Management raised its stake in shares of Goldman Sachs BDC by 57.1% during the third quarter. Spire Wealth Management now owns 5,413 shares of the financial services provider’s stock valued at $99,000 after acquiring an additional 1,968 shares during the last quarter. Signaturefd LLC raised its stake in shares of Goldman Sachs BDC by 50.0% during the third quarter. Signaturefd LLC now owns 5,890 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 1,964 shares during the last quarter. Finally, Wolff Wiese Magana LLC raised its stake in shares of Goldman Sachs BDC by 50.1% during the third quarter. Wolff Wiese Magana LLC now owns 8,835 shares of the financial services provider’s stock valued at $162,000 after acquiring an additional 2,947 shares during the last quarter. 26.63% of the stock is owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research downgraded shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research note on Monday, October 11th.
Goldman Sachs BDC (NYSE:GSBD) last released its quarterly earnings results on Thursday, November 4th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.48. Goldman Sachs BDC had a net margin of 70.76% and a return on equity of 13.20%. The company had revenue of $96.68 million during the quarter, compared to the consensus estimate of $85.71 million. During the same period in the prior year, the firm earned $0.45 earnings per share. On average, equities research analysts expect that Goldman Sachs BDC, Inc. will post 1.93 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 27th. Investors of record on Friday, December 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 9.11%. The ex-dividend date is Thursday, December 30th. Goldman Sachs BDC’s payout ratio is currently 73.47%.
About Goldman Sachs BDC
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.
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