Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Acquired by PFG Investments LLC

PFG Investments LLC increased its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 39.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,250 shares of the financial services provider’s stock after purchasing an additional 15,610 shares during the quarter. PFG Investments LLC’s holdings in Goldman Sachs BDC were worth $669,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of GSBD. ProShare Advisors LLC boosted its position in shares of Goldman Sachs BDC by 11.2% in the second quarter. ProShare Advisors LLC now owns 17,113 shares of the financial services provider’s stock worth $257,000 after buying an additional 1,723 shares during the period. B. Riley Wealth Advisors Inc. boosted its holdings in Goldman Sachs BDC by 11.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 11,500 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 1,146 shares during the period. Cetera Investment Advisers grew its position in Goldman Sachs BDC by 8.9% in the second quarter. Cetera Investment Advisers now owns 422,010 shares of the financial services provider’s stock valued at $6,343,000 after acquiring an additional 34,631 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Goldman Sachs BDC during the second quarter valued at approximately $917,000. Finally, Centaurus Financial Inc. lifted its position in shares of Goldman Sachs BDC by 15.9% during the second quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider’s stock worth $144,000 after purchasing an additional 1,316 shares in the last quarter. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Price Performance

Shares of NYSE GSBD opened at $12.61 on Thursday. The business has a 50 day moving average price of $12.62 and a two-hundred day moving average price of $13.49. Goldman Sachs BDC, Inc. has a fifty-two week low of $11.72 and a fifty-two week high of $15.94. The firm has a market cap of $1.48 billion, a PE ratio of 18.01 and a beta of 1.06. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19.

Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings results 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 business had revenue of $110.41 million during the quarter, compared to analyst estimates of $112.43 million. Goldman Sachs BDC had a net margin of 17.01% and a return on equity of 15.72%. During the same quarter in the previous year, the firm earned $0.64 earnings per share. 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 disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, December 31st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 14.28%. The ex-dividend date was Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio is currently 257.15%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th.

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.