Stiles Financial Services Inc Acquires New Stake in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Stiles Financial Services Inc purchased a new stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 31,677 shares of the financial services provider's stock, valued at approximately $383,000.

Other hedge funds have also added to or reduced their stakes in the company. Stephens Inc. AR boosted its stake in shares of Goldman Sachs BDC by 2.7% in the 4th quarter. Stephens Inc. AR now owns 30,166 shares of the financial services provider's stock worth $365,000 after buying an additional 785 shares during the last quarter. Entropy Technologies LP purchased a new position in shares of Goldman Sachs BDC in the 4th quarter worth approximately $142,000. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Goldman Sachs BDC by 1.1% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 387,898 shares of the financial services provider's stock worth $4,694,000 after buying an additional 4,313 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Goldman Sachs BDC by 17.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 263,931 shares of the financial services provider's stock worth $3,194,000 after buying an additional 39,993 shares during the last quarter. Finally, MAS Advisors LLC boosted its stake in shares of Goldman Sachs BDC by 13.2% in the 4th quarter. MAS Advisors LLC now owns 17,204 shares of the financial services provider's stock worth $208,000 after buying an additional 2,005 shares during the last quarter. Institutional investors and hedge funds own 28.72% of the company's stock.

Goldman Sachs BDC Stock Performance

Shares of NYSE GSBD traded up $0.03 during midday trading on Thursday, reaching $12.87. The company's stock had a trading volume of 475,555 shares, compared to its average volume of 891,388. Goldman Sachs BDC, Inc. has a 12-month low of $11.72 and a 12-month high of $15.94. The firm has a 50 day moving average price of $12.58 and a 200-day moving average price of $13.32. The stock has a market capitalization of $1.51 billion, a P/E ratio of 18.38 and a beta of 1.06. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26.

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.