Privium Fund Management UK Ltd Acquires New Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Privium Fund Management UK Ltd acquired a new stake in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 100,000 shares of the financial services provider's stock, valued at approximately $1,216,000. Goldman Sachs BDC accounts for about 1.0% of Privium Fund Management UK Ltd's investment portfolio, making the stock its 6th largest holding. Privium Fund Management UK Ltd owned approximately 0.09% of Goldman Sachs BDC at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Raymond James Trust N.A. grew its holdings in shares of Goldman Sachs BDC by 12.1% during the 3rd quarter. Raymond James Trust N.A. now owns 32,141 shares of the financial services provider's stock worth $442,000 after purchasing an additional 3,461 shares in the last quarter. Centaurus Financial Inc. lifted its position in Goldman Sachs BDC by 21.8% during the third quarter. Centaurus Financial Inc. now owns 11,678 shares of the financial services provider's stock worth $161,000 after purchasing an additional 2,094 shares during the period. Principal Street Partners LLC acquired a new stake in Goldman Sachs BDC during the third quarter worth about $141,000. BNP Paribas Financial Markets increased its holdings in Goldman Sachs BDC by 493.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 35,311 shares of the financial services provider's stock valued at $486,000 after buying an additional 29,365 shares during the period. Finally, HighTower Advisors LLC raised its position in shares of Goldman Sachs BDC by 9.0% in the 3rd quarter. HighTower Advisors LLC now owns 315,949 shares of the financial services provider's stock valued at $4,347,000 after buying an additional 26,134 shares in the last quarter. Institutional investors and hedge funds own 28.72% of the company's stock.

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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 Sunday.

Goldman Sachs BDC Price Performance

Shares of GSBD stock traded down $0.02 on Friday, hitting $12.26. 774,184 shares of the company's stock were exchanged, compared to its average volume of 753,568. Goldman Sachs BDC, Inc. has a 12 month low of $11.72 and a 12 month high of $15.94. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. The company has a 50 day moving average of $12.61 and a 200 day moving average of $13.02. The stock has a market cap of $1.44 billion, a P/E ratio of 17.51 and a beta of 1.06.

Goldman Sachs BDC Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be paid a $0.16 dividend. This is an increase from Goldman Sachs BDC's previous quarterly dividend of $0.05. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Monday, March 31st. Goldman Sachs BDC's dividend payout ratio (DPR) 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.