Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Bought by Adams Asset Advisors LLC

Adams Asset Advisors LLC raised its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 41.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 262,334 shares of the financial services provider's stock after acquiring an additional 76,257 shares during the quarter. Adams Asset Advisors LLC owned approximately 0.22% of Goldman Sachs BDC worth $3,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of GSBD. Farther Finance Advisors LLC raised its holdings in Goldman Sachs BDC by 4,607.0% during the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 1,981 shares during the period. Nomura Asset Management Co. Ltd. increased 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 during the last quarter. WFA Asset Management Corp purchased a new stake in Goldman Sachs BDC during the 3rd quarter valued at $33,000. Zions Bancorporation N.A. purchased a new stake in shares of Goldman Sachs BDC in the second quarter valued at $128,000. Finally, Principal Street Partners LLC purchased a new position in shares of Goldman Sachs BDC during the third quarter valued at approximately $141,000. 28.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Goldman Sachs BDC from a "sell" rating to a "hold" rating in a report on Tuesday, October 8th.

Goldman Sachs BDC Price Performance

Shares of Goldman Sachs BDC stock traded down $0.01 on Monday, hitting $11.92. The company's stock had a trading volume of 1,143,902 shares, compared to its average volume of 1,096,869. 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 1 year low of $11.72 and a 1 year high of $15.94. The firm has a fifty day moving average price of $12.74 and a 200-day moving average price of $13.75. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 17.03 and a beta of 1.06.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last released its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $110.41 million for the quarter, compared to the consensus estimate of $112.43 million. Goldman Sachs BDC had a return on equity of 15.72% and a net margin of 17.01%. During the same quarter last year, the business posted $0.64 earnings per share. As a group, sell-side analysts anticipate that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 15.10%. The ex-dividend date of this dividend is Tuesday, December 31st. Goldman Sachs BDC's dividend payout ratio (DPR) is presently 257.14%.

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.