48,795 Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD) Acquired by CF Capital LLC

CF Capital LLC acquired a new position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 48,795 shares of the financial services provider's stock, valued at approximately $590,000.

Other institutional investors have also made changes to their positions in the company. Balyasny Asset Management L.P. acquired a new position in shares of Goldman Sachs BDC in the 4th quarter valued at $370,000. Bayesian Capital Management LP bought a new stake in Goldman Sachs BDC during the 4th quarter worth about $174,000. BNP Paribas Financial Markets raised its position in Goldman Sachs BDC by 198.6% in the 4th quarter. BNP Paribas Financial Markets now owns 105,442 shares of the financial services provider's stock worth $1,276,000 after purchasing an additional 70,131 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Goldman Sachs BDC by 25.6% in the fourth quarter. Ameriprise Financial Inc. now owns 125,016 shares of the financial services provider's stock valued at $1,477,000 after acquiring an additional 25,491 shares during the last quarter. Finally, AXA S.A. acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter worth approximately $125,000. 28.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GSBD has been the topic of a number of research analyst reports. StockNews.com raised Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report on Sunday, March 23rd. Wells Fargo & Company decreased their target price on shares of Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating for the company in a research note on Monday, April 28th.

Goldman Sachs BDC Trading Down 0.7 %

Shares of NYSE GSBD traded down $0.08 during midday trading on Wednesday, reaching $10.47. The stock had a trading volume of 658,894 shares, compared to its average volume of 802,668. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 14.95 and a beta of 0.71. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. Goldman Sachs BDC, Inc. has a twelve month low of $9.51 and a twelve month high of $15.94. The company's 50 day moving average price is $11.27 and its 200 day moving average price is $12.29.

Goldman Sachs BDC Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Shareholders of record on Monday, March 31st were issued a dividend of $0.16 per share. This is an increase from Goldman Sachs BDC's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.64 annualized dividend and a yield of 6.12%. Goldman Sachs BDC's dividend payout ratio is presently 224.56%.

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.