Whipplewood Advisors LLC acquired a new position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 37,227 shares of the financial services provider's stock, valued at approximately $450,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC increased 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 valued at $28,000 after purchasing an additional 1,981 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of Goldman Sachs BDC by 149.1% in the third quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 1,275 shares during the period. WFA Asset Management Corp acquired a new stake in shares of Goldman Sachs BDC in the third quarter valued at approximately $33,000. Chicago Partners Investment Group LLC acquired a new stake in shares of Goldman Sachs BDC in the fourth quarter valued at approximately $128,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Goldman Sachs BDC in the fourth quarter valued at approximately $135,000. Institutional investors and hedge funds own 28.72% of the company's stock.
Goldman Sachs BDC Stock Performance
Shares of NYSE:GSBD traded up $0.19 during trading hours on Friday, hitting $13.03. The stock had a trading volume of 2,110,764 shares, compared to its average volume of 861,120. The stock's fifty day simple moving average is $12.63 and its 200 day simple moving average is $13.21. Goldman Sachs BDC, Inc. has a 1-year low of $11.72 and a 1-year high of $15.94. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 18.61 and a beta of 1.06. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26.
Goldman Sachs BDC Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date is Monday, March 31st. This is a positive change from Goldman Sachs BDC's previous quarterly dividend of $0.05. Goldman Sachs BDC's dividend payout ratio (DPR) is currently 315.79%.
About Goldman Sachs BDC
(
Free Report)
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.
See Also
Before you consider Goldman Sachs BDC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Goldman Sachs BDC wasn't on the list.
While Goldman Sachs BDC currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
