Kraematon Investment Advisors Inc. Has $812,000 Stake in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Kraematon Investment Advisors Inc. trimmed its position in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 26.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,148 shares of the financial services provider's stock after selling 24,505 shares during the quarter. Kraematon Investment Advisors Inc. owned about 0.06% of Goldman Sachs BDC worth $812,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC grew its holdings in Goldman Sachs BDC by 4,607.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider's stock valued at $28,000 after buying an additional 1,981 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its stake in shares of Goldman Sachs BDC by 149.1% in 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 acquired a new stake in shares of Goldman Sachs BDC in the third quarter worth $33,000. Centaurus Financial Inc. increased its position in Goldman Sachs BDC by 15.9% during the second quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider's stock worth $144,000 after acquiring an additional 1,316 shares during the period. Finally, Principal Street Partners LLC acquired a new position in Goldman Sachs BDC during the 3rd quarter valued at $141,000. 28.72% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Goldman Sachs BDC Stock Performance

Shares of GSBD stock traded down $0.13 during mid-day trading on Friday, reaching $12.27. The stock had a trading volume of 1,091,316 shares, compared to its average volume of 1,013,720. Goldman Sachs BDC, Inc. has a one year low of $11.72 and a one year high of $15.94. The firm has a market cap of $1.44 billion, a PE ratio of 17.53 and a beta of 1.06. The firm's 50 day simple moving average is $12.66 and its 200 day simple moving average is $13.67. 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 (NYSE:GSBD - Get Free Report) last issued its earnings results on Thursday, November 7th. The financial services provider reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. Goldman Sachs BDC had a return on equity of 15.72% and a net margin of 17.01%. The business had revenue of $110.41 million during the quarter, compared to analyst estimates of $112.43 million. During the same period in the prior year, the company posted $0.64 earnings per share. On average, analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Announces Dividend

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

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.