International Assets Investment Management LLC Sells 309,580 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

International Assets Investment Management LLC trimmed its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 94.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,620 shares of the financial services provider's stock after selling 309,580 shares during the quarter. International Assets Investment Management LLC's holdings in Goldman Sachs BDC were worth $239,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of GSBD. Van ECK Associates Corp grew its holdings in shares of Goldman Sachs BDC by 10.4% during 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 in the last quarter. Marshall Wace LLP bought a new position in shares of Goldman Sachs BDC during the 2nd quarter worth approximately $18,533,000. J.W. Cole Advisors Inc. bought a new stake in shares of Goldman Sachs BDC in the third quarter worth $526,000. Versant Capital Management Inc grew its position in Goldman Sachs BDC by 143.4% in the fourth 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 in the last quarter. Finally, Stifel Financial Corp lifted its position 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 worth $301,000 after buying an additional 6,963 shares in the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Stock Performance

Goldman Sachs BDC stock traded up $0.25 during midday trading on Tuesday, reaching $12.17. 907,083 shares of the company's stock were exchanged, compared to its average volume of 1,073,285. 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 stock's 50-day simple moving average is $12.72 and its 200 day simple moving average is $13.73. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 17.39 and a beta of 1.06. Goldman Sachs BDC, Inc. has a 52 week low of $11.72 and a 52 week high of $15.94.

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

Goldman Sachs BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, December 31st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 14.79%. Goldman Sachs BDC's dividend payout ratio (DPR) is presently 257.14%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report 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.