Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Sold by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,829 shares of the financial services provider’s stock after selling 763 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Goldman Sachs BDC were worth $261,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. acquired a new stake in Goldman Sachs BDC during the 3rd quarter valued at approximately $4,285,000. Raymond James Financial Services Advisors Inc. grew its stake in Goldman Sachs BDC by 6.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,107,581 shares of the financial services provider’s stock valued at $16,226,000 after purchasing an additional 67,482 shares in the last quarter. Callodine Capital Management LP grew its stake in Goldman Sachs BDC by 50.0% during the 3rd quarter. Callodine Capital Management LP now owns 450,000 shares of the financial services provider’s stock valued at $6,552,000 after purchasing an additional 150,000 shares in the last quarter. SeaCrest Wealth Management LLC grew its stake in Goldman Sachs BDC by 38.9% during the 4th quarter. SeaCrest Wealth Management LLC now owns 25,249 shares of the financial services provider’s stock valued at $374,000 after purchasing an additional 7,074 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Goldman Sachs BDC during the 3rd quarter valued at approximately $111,000. 28.72% of the stock is currently owned by hedge funds and other institutional investors.

Goldman Sachs BDC Trading Up 0.2 %

NYSE:GSBD opened at $14.97 on Wednesday. Goldman Sachs BDC, Inc. has a 12-month low of $12.75 and a 12-month high of $15.65. The firm has a market capitalization of $1.68 billion, a P/E ratio of 8.31 and a beta of 1.13. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.13 and a quick ratio of 1.13. The business has a 50 day simple moving average of $15.16 and a 200 day simple moving average of $14.83.

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

Goldman Sachs BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 12.03%. The ex-dividend date of this dividend is Wednesday, March 27th. Goldman Sachs BDC’s payout ratio is currently 100.00%.

Analyst Ratings Changes

A number of brokerages have weighed in on GSBD. Wells Fargo & Company raised their price objective on Goldman Sachs BDC from $14.50 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. StockNews.com lowered Goldman Sachs BDC from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th.

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.