Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Sold by Texas Yale Capital Corp.

Texas Yale Capital Corp. trimmed its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 70.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,334 shares of the financial services provider's stock after selling 71,806 shares during the quarter. Texas Yale Capital Corp.'s holdings in Goldman Sachs BDC were worth $367,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in GSBD. Van ECK Associates Corp boosted its position in Goldman Sachs BDC by 1.0% during 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 during the last quarter. Invesco Ltd. boosted its stake in Goldman Sachs BDC by 11.9% during the fourth quarter. Invesco Ltd. now owns 1,095,489 shares of the financial services provider's stock worth $13,255,000 after buying an additional 116,154 shares during the last quarter. Generali Asset Management SPA SGR purchased a new stake in Goldman Sachs BDC in the 4th quarter valued at $12,879,000. Raymond James Financial Inc. acquired a new stake in shares of Goldman Sachs BDC in the 4th quarter worth $8,114,000. Finally, Shikiar Asset Management Inc. raised its holdings 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 worth $5,446,000 after acquiring an additional 28,100 shares during the period. 28.72% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Goldman Sachs BDC Trading Up 2.5 %

NYSE:GSBD traded up $0.25 on Tuesday, reaching $10.45. The company's stock had a trading volume of 263,148 shares, compared to its average volume of 792,487. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 14.93 and a beta of 0.87. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC, Inc. has a 12-month low of $9.51 and a 12-month high of $15.94. The stock has a 50 day moving average price of $12.08 and a 200 day moving average price of $12.63.

Goldman Sachs BDC Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be given a $0.16 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.64 dividend on an annualized basis and a yield of 6.12%. This is a boost from Goldman Sachs BDC's previous quarterly dividend of $0.05. Goldman Sachs BDC's dividend payout ratio is presently 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.