Bravias Capital Group LLC Takes $713,000 Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Bravias Capital Group LLC bought a new position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 55,568 shares of the financial services provider's stock, valued at approximately $713,000.

Several other hedge funds and other institutional investors have also bought and sold shares of GSBD. Farther Finance Advisors LLC grew its position in shares of Goldman Sachs BDC by 4,607.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider's stock worth $28,000 after buying an additional 1,981 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in Goldman Sachs BDC by 149.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider's stock worth $29,000 after acquiring an additional 1,275 shares in the last quarter. WFA Asset Management Corp acquired a new stake in Goldman Sachs BDC in the third quarter worth $33,000. Chicago Partners Investment Group LLC bought a new stake in Goldman Sachs BDC in the fourth quarter valued at $128,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of Goldman Sachs BDC during the fourth quarter valued at about $135,000. Institutional investors and hedge funds own 28.72% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered Goldman Sachs BDC from a "hold" rating to a "sell" rating in a research report on Tuesday.

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Goldman Sachs BDC Stock Down 1.1 %

Shares of Goldman Sachs BDC stock traded down $0.14 during trading hours on Thursday, reaching $12.32. The company's stock had a trading volume of 735,215 shares, compared to its average volume of 759,354. 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, Inc. has a one year low of $11.72 and a one year high of $15.94. The company has a market capitalization of $1.45 billion, a P/E ratio of 17.61 and a beta of 1.06. The stock's fifty day simple moving average is $12.62 and its two-hundred day simple moving average is $13.18.

Goldman Sachs BDC Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.19%. 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 224.56%.

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.