221,483 Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD) Bought by First National Trust Co

First National Trust Co acquired a new stake in 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 firm acquired 221,483 shares of the financial services provider's stock, valued at approximately $2,680,000. First National Trust Co owned about 0.19% of Goldman Sachs BDC at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Vision Financial Markets LLC acquired a new stake in Goldman Sachs BDC during the 4th quarter valued at approximately $27,000. Farther Finance Advisors LLC increased its position in 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 valued at $28,000 after purchasing an additional 1,981 shares during the period. Nomura Asset Management Co. Ltd. increased its position in Goldman Sachs BDC by 149.1% during the 3rd 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. Chicago Partners Investment Group LLC acquired a new stake in Goldman Sachs BDC during the 4th quarter valued at approximately $128,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Goldman Sachs BDC during the 4th quarter valued at approximately $135,000. Institutional investors own 28.72% of the company's stock.

Goldman Sachs BDC Trading Down 1.3 %

Shares of GSBD stock traded down $0.17 during trading hours on Wednesday, hitting $12.21. 616,377 shares of the company were exchanged, compared to its average volume of 753,462. The firm has a market cap of $1.43 billion, a P/E ratio of 17.44 and a beta of 1.06. Goldman Sachs BDC, Inc. has a fifty-two week low of $11.72 and a fifty-two 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 50 day simple moving average of $12.59 and a two-hundred day simple moving average of $13.06.

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Goldman Sachs BDC Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be issued a $0.16 dividend. This is a boost from Goldman Sachs BDC's previous quarterly dividend of $0.05. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Monday, March 31st. Goldman Sachs BDC's dividend payout ratio (DPR) is currently 224.56%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Goldman Sachs BDC from a "hold" rating to a "sell" rating in a research report on Saturday.

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.