Shikiar Asset Management Inc. Has $5.45 Million Stock Holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Shikiar Asset Management Inc. boosted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 6.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 450,090 shares of the financial services provider's stock after purchasing an additional 28,100 shares during the quarter. Goldman Sachs BDC makes up approximately 1.4% of Shikiar Asset Management Inc.'s holdings, making the stock its 26th largest position. Shikiar Asset Management Inc. owned approximately 0.38% of Goldman Sachs BDC worth $5,446,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in GSBD. Farther Finance Advisors LLC raised its stake in shares of Goldman Sachs BDC by 4,607.0% during the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 1,981 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Goldman Sachs BDC by 149.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider's stock valued at $29,000 after buying an additional 1,275 shares during the period. WFA Asset Management Corp bought a new stake in shares of Goldman Sachs BDC during the 3rd quarter worth about $33,000. Centaurus Financial Inc. lifted its stake in shares of Goldman Sachs BDC by 15.9% in the 2nd 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 bought a new position in shares of Goldman Sachs BDC in the third quarter valued at approximately $141,000. 28.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Goldman Sachs BDC Trading Down 1.1 %

NYSE GSBD traded down $0.13 on Friday, hitting $12.27. 1,091,316 shares of the company were exchanged, compared to its average volume of 1,108,442. 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 twelve month low of $11.72 and a twelve month high of $15.94. The firm has a market capitalization of $1.44 billion, a P/E ratio of 17.53 and a beta of 1.06. The company's 50 day moving average price is $12.66 and its 200-day moving average price is $13.65.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 previous year, the business earned $0.64 earnings per share. Analysts predict that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

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 $0.45 dividend. The ex-dividend date 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 presently 257.15%.

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.