Union Bancaire Privee UBP SA Invests $353,000 in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Union Bancaire Privee UBP SA bought a new position in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 29,194 shares of the financial services provider's stock, valued at approximately $353,000.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position 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 worth $28,000 after purchasing an additional 1,981 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Goldman Sachs BDC by 149.1% during 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 position in shares of Goldman Sachs BDC during the third quarter valued at $33,000. Wealthcare Advisory Partners LLC bought a new position in Goldman Sachs BDC in the fourth quarter valued at about $135,000. Finally, Principal Street Partners LLC acquired a new stake in Goldman Sachs BDC in the third quarter worth about $141,000. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Trading Up 1.0 %

Shares of Goldman Sachs BDC stock traded up $0.13 on Friday, hitting $12.85. 846,991 shares of the company's stock traded hands, compared to its average volume of 857,414. The firm's 50-day moving average price is $12.62 and its two-hundred day moving average price is $13.45. 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 stock has a market capitalization of $1.51 billion, a PE ratio of 18.35 and a beta of 1.06. Goldman Sachs BDC, Inc. has a one year low of $11.72 and a one year high of $15.94.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last released its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share 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 analyst estimates 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 quarter in the prior year, the firm posted $0.64 earnings per share. On average, research analysts expect that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, December 31st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 14.01%. The ex-dividend date of this dividend was Tuesday, December 31st. Goldman Sachs BDC's dividend payout ratio is currently 257.15%.

Analyst Ratings Changes

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 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.