Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Bought by Founders Financial Alliance LLC

Founders Financial Alliance LLC grew its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,315 shares of the financial services provider’s stock after purchasing an additional 990 shares during the period. Founders Financial Alliance LLC’s holdings in Goldman Sachs BDC were worth $356,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd acquired a new position in Goldman Sachs BDC during the fourth quarter worth $1,202,000. Janney Montgomery Scott LLC increased its position in shares of Goldman Sachs BDC by 4.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 60,317 shares of the financial services provider’s stock worth $884,000 after acquiring an additional 2,400 shares during the period. Jump Financial LLC increased its position in shares of Goldman Sachs BDC by 97.2% during the fourth quarter. Jump Financial LLC now owns 91,400 shares of the financial services provider’s stock worth $1,339,000 after acquiring an additional 45,062 shares during the period. Sage Rhino Capital LLC increased its position in shares of Goldman Sachs BDC by 92.9% during the fourth quarter. Sage Rhino Capital LLC now owns 168,570 shares of the financial services provider’s stock worth $2,470,000 after acquiring an additional 81,172 shares during the period. Finally, Van ECK Associates Corp increased its position in shares of Goldman Sachs BDC by 10.6% during the fourth quarter. Van ECK Associates Corp now owns 1,888,203 shares of the financial services provider’s stock worth $27,662,000 after acquiring an additional 180,880 shares during the period. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Stock Up 0.1 %

NYSE:GSBD traded up $0.01 during trading hours on Friday, hitting $15.19. The company’s stock had a trading volume of 499,558 shares, compared to its average volume of 735,829. The stock has a market capitalization of $1.70 billion, a P/E ratio of 7.91 and a beta of 1.11. The stock has a fifty day moving average of $15.29 and a 200-day moving average of $15.12. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.12. Goldman Sachs BDC, Inc. has a 52-week low of $12.96 and a 52-week high of $15.94.

Goldman Sachs BDC (NYSE:GSBD) last posted its earnings results on Wednesday, February 28th. The financial services provider reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). The business had revenue of $115.40 million during the quarter, compared to analysts’ expectations of $117.09 million. Goldman Sachs BDC had a net margin of 45.80% and a return on equity of 15.68%. On average, equities analysts forecast that Goldman Sachs BDC, Inc. will post 2.14 earnings per share for the current year.

Goldman Sachs BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 26th. Investors of record on Friday, June 28th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 11.85%. The ex-dividend date of this dividend is Thursday, June 27th. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 93.75%.

Analyst Ratings Changes

A number of analysts have recently weighed in on GSBD shares. StockNews.com lowered Goldman Sachs BDC from a “buy” rating to a “hold” rating in a research report on Monday, May 20th. Wells Fargo & Company upped their price objective on Goldman Sachs BDC from $14.50 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, January 29th.

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.