24,955 Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD) Acquired by PFG Investments LLC

PFG Investments LLC bought a new position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,955 shares of the financial services provider’s stock, valued at approximately $374,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC increased its holdings in shares of Goldman Sachs BDC by 10.4% in the third quarter. AE Wealth Management LLC now owns 22,441 shares of the financial services provider’s stock valued at $327,000 after buying an additional 2,111 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Goldman Sachs BDC in the third quarter valued at $383,000. Hexagon Capital Partners LLC increased its holdings in shares of Goldman Sachs BDC by 5.3% in the third quarter. Hexagon Capital Partners LLC now owns 22,024 shares of the financial services provider’s stock valued at $321,000 after buying an additional 1,101 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Goldman Sachs BDC by 4.9% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 30,484 shares of the financial services provider’s stock valued at $444,000 after buying an additional 1,424 shares in the last quarter. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Goldman Sachs BDC in the third quarter valued at $171,000. Institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Trading Down 1.5 %

NYSE GSBD traded down $0.23 on Tuesday, hitting $15.54. 397,632 shares of the stock were exchanged, compared to its average volume of 582,152. Goldman Sachs BDC, Inc. has a 52-week low of $12.75 and a 52-week high of $15.80. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 8.63 and a beta of 1.13. The company’s 50-day moving average price is $15.22 and its two-hundred day moving average price is $14.92.

Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings data on Wednesday, February 28th. The financial services provider reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). Goldman Sachs BDC had a return on equity of 15.05% and a net margin of 43.06%. The firm had revenue of $115.40 million for the quarter, compared to analysts’ expectations of $117.09 million. Research analysts predict that Goldman Sachs BDC, Inc. will post 2.18 EPS for the current year.

Goldman Sachs BDC Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 26th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 11.59%. The ex-dividend date of this dividend was Wednesday, March 27th. Goldman Sachs BDC’s dividend payout ratio is currently 100.00%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. StockNews.com raised Goldman Sachs BDC from a “hold” rating to a “buy” rating in a report on Friday. Wells Fargo & Company lifted their price objective on shares of Goldman Sachs BDC from $14.50 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, January 29th.

Goldman Sachs BDC Company 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.