Hennion & Walsh Asset Management Inc. Has $3.43 Million Holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Hennion & Walsh Asset Management Inc. trimmed its position in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 283,492 shares of the financial services provider's stock after selling 25,982 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.24% of Goldman Sachs BDC worth $3,430,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Van ECK Associates Corp lifted its stake in shares of Goldman Sachs BDC by 10.4% in the third quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider's stock worth $36,408,000 after buying an additional 255,458 shares during the last quarter. Marshall Wace LLP acquired a new position in Goldman Sachs BDC during the 2nd quarter valued at $18,533,000. J.W. Cole Advisors Inc. acquired a new position in Goldman Sachs BDC during the 3rd quarter valued at $526,000. Versant Capital Management Inc raised its stake in Goldman Sachs BDC by 143.4% during the 4th quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider's stock valued at $161,000 after purchasing an additional 7,854 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Goldman Sachs BDC by 46.6% during the 3rd quarter. Stifel Financial Corp now owns 21,910 shares of the financial services provider's stock valued at $301,000 after purchasing an additional 6,963 shares during the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Price Performance

Shares of GSBD traded down $0.13 during trading hours on Friday, hitting $12.27. The stock had a trading volume of 1,091,294 shares, compared to its average volume of 1,013,715. The company's fifty day moving average is $12.67 and its two-hundred day moving average is $13.69. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. Goldman Sachs BDC, Inc. has a 52 week low of $11.72 and a 52 week high of $15.94. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 17.53 and a beta of 1.06.

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

Goldman Sachs BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 14.67%. The ex-dividend date of this dividend is Tuesday, December 31st. Goldman Sachs BDC's payout ratio is 257.14%.

Analyst Upgrades and Downgrades

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

Goldman Sachs BDC Company 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.