Trexquant Investment LP grew its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 300.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 349,927 shares of the financial services provider's stock after buying an additional 262,488 shares during the period. Trexquant Investment LP owned 0.30% of Goldman Sachs BDC worth $4,234,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of GSBD. Generali Asset Management SPA SGR acquired a new stake in shares of Goldman Sachs BDC in the fourth quarter valued at approximately $12,879,000. Raymond James Financial Inc. acquired a new stake in Goldman Sachs BDC during the fourth quarter worth about $8,114,000. First National Trust Co purchased a new position in Goldman Sachs BDC during the fourth quarter worth about $2,680,000. JPMorgan Chase & Co. increased its holdings in shares of Goldman Sachs BDC by 221.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider's stock worth $3,061,000 after buying an additional 153,316 shares during the last quarter. Finally, Privium Fund Management UK Ltd purchased a new stake in shares of Goldman Sachs BDC during the 4th quarter valued at approximately $1,216,000. 28.72% of the stock is currently owned by institutional investors and hedge funds.
Goldman Sachs BDC Stock Down 4.2 %
Shares of NYSE:GSBD traded down $0.45 during trading on Thursday, hitting $10.10. 427,735 shares of the company were exchanged, compared to its average volume of 782,147. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. The firm's 50 day moving average price is $12.25 and its 200-day moving average price is $12.73. The stock has a market capitalization of $1.18 billion, a P/E ratio of 14.43 and a beta of 0.87. Goldman Sachs BDC, Inc. has a 12-month low of $9.51 and a 12-month high of $15.94.
Goldman Sachs BDC Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be given a $0.16 dividend. 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. This represents a $0.64 annualized dividend and a yield of 6.34%. Goldman Sachs BDC's dividend payout ratio is 224.56%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research note on Sunday, March 23rd.
Read Our Latest Stock Report on GSBD
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.
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