Centaurus Financial Inc. Has $161,000 Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Centaurus Financial Inc. lifted its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 21.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 11,678 shares of the financial services provider’s stock after buying an additional 2,094 shares during the quarter. Centaurus Financial Inc.’s holdings in Goldman Sachs BDC were worth $161,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Farther Finance Advisors LLC boosted its holdings in shares of Goldman Sachs BDC by 4,607.0% in the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock valued at $28,000 after buying an additional 1,981 shares during the period. WFA Asset Management Corp bought a new position in Goldman Sachs BDC during the 3rd quarter worth about $33,000. Rothschild Investment LLC acquired a new stake in shares of Goldman Sachs BDC in the 2nd quarter valued at about $113,000. Zions Bancorporation N.A. bought a new stake in shares of Goldman Sachs BDC in the second quarter valued at about $128,000. Finally, Accel Wealth Management acquired a new position in shares of Goldman Sachs BDC during the second quarter worth about $150,000. 28.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Truist Financial dropped their target price on Goldman Sachs BDC from $16.00 to $14.00 and set a “hold” rating on the stock in a research report on Monday, August 12th. StockNews.com raised shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, October 8th. Finally, Wells Fargo & Company raised shares of Goldman Sachs BDC from an “underweight” rating to an “equal weight” rating and decreased their target price for the company from $14.00 to $12.00 in a research report on Monday, August 12th.

Goldman Sachs BDC Stock Performance

GSBD opened at $13.06 on Thursday. The business’s 50-day simple moving average is $13.47 and its 200 day simple moving average is $14.39. Goldman Sachs BDC, Inc. has a 52-week low of $12.67 and a 52-week high of $15.94. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market capitalization of $1.53 billion, a PE ratio of 18.66 and a beta of 1.07.

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

Goldman Sachs BDC Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 13.78%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio is currently 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.