Certior Financial Group LLC Takes $299,000 Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Certior Financial Group LLC acquired a new stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,752 shares of the financial services provider's stock, valued at approximately $299,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Van ECK Associates Corp grew its position in Goldman Sachs BDC by 1.0% in the fourth quarter. Van ECK Associates Corp now owns 2,732,785 shares of the financial services provider's stock worth $33,066,000 after acquiring an additional 25,888 shares in the last quarter. Generali Asset Management SPA SGR purchased a new position in shares of Goldman Sachs BDC in the 4th quarter worth approximately $12,879,000. Raymond James Financial Inc. purchased a new position in shares of Goldman Sachs BDC in the 4th quarter worth approximately $8,114,000. Shikiar Asset Management Inc. increased its position in shares of Goldman Sachs BDC by 6.7% during the 4th quarter. Shikiar Asset Management Inc. now owns 450,090 shares of the financial services provider's stock valued at $5,446,000 after purchasing an additional 28,100 shares during the last quarter. Finally, Arcus Capital Partners LLC raised its holdings in Goldman Sachs BDC by 0.7% during the 4th quarter. Arcus Capital Partners LLC now owns 401,369 shares of the financial services provider's stock valued at $4,857,000 after buying an additional 2,958 shares during the period. 28.72% of the stock is owned by hedge funds and other institutional investors.

Goldman Sachs BDC Trading Down 1.2 %

Shares of GSBD stock traded down $0.12 on Friday, reaching $10.08. 1,491,731 shares of the company's stock were exchanged, compared to its average volume of 791,916. The company's fifty day simple moving average is $12.14 and its 200 day simple moving average is $12.67. Goldman Sachs BDC, Inc. has a 52 week low of $9.51 and a 52 week high of $15.94. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $1.18 billion, a PE ratio of 14.39 and a beta of 0.87.

Goldman Sachs BDC Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 6.35%. This is an increase from Goldman Sachs BDC's previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Monday, March 31st. Goldman Sachs BDC's dividend payout ratio (DPR) is 224.56%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report on Sunday, March 23rd.

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.