Goldman Sachs BDC, Inc. (NYSE:GSBD) Stock Position Increased by MAS Advisors LLC

MAS Advisors LLC increased its position in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 13.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,204 shares of the financial services provider’s stock after acquiring an additional 2,005 shares during the period. MAS Advisors LLC’s holdings in Goldman Sachs BDC were worth $208,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. grew its position in Goldman Sachs BDC by 11.1% in the second quarter. B. Riley Wealth Advisors Inc. now owns 11,500 shares of the financial services provider’s stock worth $178,000 after buying an additional 1,146 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Goldman Sachs BDC by 8.9% during the 2nd quarter. Cetera Investment Advisers now owns 422,010 shares of the financial services provider’s stock worth $6,343,000 after acquiring an additional 34,631 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Goldman Sachs BDC in the 2nd quarter worth $917,000. Strategic Wealth Partners Ltd. raised its position in shares of Goldman Sachs BDC by 6.3% during the third quarter. Strategic Wealth Partners Ltd. now owns 16,985 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 1,000 shares during the period. Finally, Redhawk Wealth Advisors Inc. raised its position in shares of Goldman Sachs BDC by 9.4% during the third quarter. Redhawk Wealth Advisors Inc. now owns 39,100 shares of the financial services provider’s stock worth $538,000 after purchasing an additional 3,364 shares during the period. Institutional investors own 28.72% of the company’s stock.

Analysts Set New Price Targets

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

Goldman Sachs BDC Stock Up 0.4 %

Shares of NYSE:GSBD opened at $12.89 on Wednesday. Goldman Sachs BDC, Inc. has a 52 week low of $11.72 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 company has a market cap of $1.51 billion, a PE ratio of 18.42 and a beta of 1.06. The firm has a 50 day simple moving average of $12.61 and a 200 day simple moving average of $13.41.

Goldman Sachs BDC (NYSE:GSBD) last released its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Goldman Sachs BDC had a return on equity of 15.72% and a net margin of 17.01%. The company had revenue of $110.41 million during the quarter, compared to analyst estimates of $112.43 million. During the same quarter in the prior year, the company earned $0.64 earnings per share. As a group, research analysts expect that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current year.

Goldman Sachs BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 13.96%. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 257.15%.

Goldman Sachs BDC Company 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.