Perigon Wealth Management LLC Reduces Stock Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Perigon Wealth Management LLC reduced its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 66.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,070 shares of the financial services provider's stock after selling 23,872 shares during the period. Perigon Wealth Management LLC's holdings in Goldman Sachs BDC were worth $150,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Wealth Partners Ltd. lifted its position in Goldman Sachs BDC by 6.3% in the third quarter. Strategic Wealth Partners Ltd. now owns 16,985 shares of the financial services provider's stock valued at $234,000 after buying an additional 1,000 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its stake in shares of Goldman Sachs BDC by 11.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 11,500 shares of the financial services provider's stock valued at $178,000 after acquiring an additional 1,146 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Goldman Sachs BDC by 149.1% in the 3rd 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. Centaurus Financial Inc. boosted its position in shares of Goldman Sachs BDC by 15.9% during the 2nd quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider's stock worth $144,000 after purchasing an additional 1,316 shares during the period. Finally, Mandatum Life Insurance Co Ltd increased its holdings in Goldman Sachs BDC by 3.3% in the 4th quarter. Mandatum Life Insurance Co Ltd now owns 41,675 shares of the financial services provider's stock valued at $504,000 after purchasing an additional 1,327 shares during the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Trading Down 0.6 %

NYSE:GSBD traded down $0.08 during trading hours on Thursday, reaching $12.87. 790,918 shares of the stock were exchanged, compared to its average volume of 947,468. Goldman Sachs BDC, Inc. has a twelve month low of $11.72 and a twelve month high of $15.94. The business has a 50-day moving average of $12.61 and a two-hundred day moving average of $13.40. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 18.38 and a beta of 1.06. 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 announced 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. The company had revenue of $110.41 million during the quarter, compared to analysts' expectations 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 period last year, the business posted $0.64 EPS. On average, equities analysts predict that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

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.