United Advisor Group LLC Acquires 3,980 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

United Advisor Group LLC boosted its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 3.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 132,377 shares of the financial services provider’s stock after acquiring an additional 3,980 shares during the period. United Advisor Group LLC’s holdings in Goldman Sachs BDC were worth $1,822,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC grew its stake 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 worth $28,000 after acquiring an additional 1,981 shares during the period. WFA Asset Management Corp purchased a new stake in Goldman Sachs BDC in the third quarter worth approximately $33,000. Rothschild Investment LLC bought a new stake in Goldman Sachs BDC in the 2nd quarter worth approximately $113,000. Zions Bancorporation N.A. purchased a new stake in Goldman Sachs BDC during the 2nd quarter valued at $128,000. Finally, Centaurus Financial Inc. lifted its holdings in shares of Goldman Sachs BDC by 15.9% during the 2nd quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider’s stock valued at $144,000 after buying an additional 1,316 shares during the period. Institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Performance

NYSE:GSBD opened at $12.91 on Tuesday. Goldman Sachs BDC, Inc. has a 52-week low of $12.90 and a 52-week high of $15.94. The firm has a market capitalization of $1.51 billion, a PE ratio of 15.19 and a beta of 1.07. The stock has a 50-day simple moving average of $13.85 and a two-hundred day simple moving average of $14.69. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.22 and a current ratio of 1.22.

Goldman Sachs BDC (NYSE:GSBD) last released its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. Goldman Sachs BDC had a return on equity of 15.79% and a net margin of 19.84%. The firm had revenue of $108.62 million during the quarter, compared to analyst estimates of $112.07 million. Analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, September 30th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 13.94%. The ex-dividend date was Monday, September 30th. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 211.76%.

Analyst Ratings Changes

GSBD has been the topic of a number of research reports. Wells Fargo & Company upgraded Goldman Sachs BDC from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $14.00 to $12.00 in a research note on Monday, August 12th. 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. Finally, StockNews.com raised shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, October 8th.

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.