Ameriprise Financial Inc. Buys 25,491 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Ameriprise Financial Inc. raised its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 25.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 125,016 shares of the financial services provider's stock after purchasing an additional 25,491 shares during the period. Ameriprise Financial Inc. owned 0.11% of Goldman Sachs BDC worth $1,477,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of GSBD. AXA S.A. bought a new position in shares of Goldman Sachs BDC during the 4th quarter worth about $125,000. Jane Street Group LLC raised its stake in Goldman Sachs BDC by 924.4% during the 4th quarter. Jane Street Group LLC now owns 132,152 shares of the financial services provider's stock worth $1,599,000 after buying an additional 119,252 shares during the period. Lido Advisors LLC grew its stake in Goldman Sachs BDC by 111.7% in the fourth quarter. Lido Advisors LLC now owns 154,416 shares of the financial services provider's stock valued at $1,938,000 after acquiring an additional 81,479 shares during the period. Northern Trust Corp increased its holdings in shares of Goldman Sachs BDC by 18.1% during the fourth quarter. Northern Trust Corp now owns 72,283 shares of the financial services provider's stock valued at $875,000 after acquiring an additional 11,054 shares in the last quarter. Finally, Quarry LP bought a new stake in shares of Goldman Sachs BDC during the fourth quarter valued at approximately $33,000. 28.72% of the stock is owned by institutional investors.

Goldman Sachs BDC Stock Performance

GSBD traded down $0.01 on Wednesday, hitting $11.36. The company's stock had a trading volume of 80,668 shares, compared to its average volume of 787,259. The company's 50 day simple moving average is $10.85 and its 200-day simple moving average is $12.01. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC, Inc. has a 12 month low of $9.51 and a 12 month high of $15.81. The firm has a market cap of $1.33 billion, a P/E ratio of 16.25 and a beta of 0.71.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last posted its earnings results on Thursday, May 8th. The financial services provider reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.02). The firm had revenue of $96.94 million for the quarter, compared to the consensus estimate of $101.12 million. Goldman Sachs BDC had a return on equity of 15.72% and a net margin of 17.01%. Analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.05 per share. This represents a dividend yield of 17.09%. The ex-dividend date is Friday, May 30th. Goldman Sachs BDC's dividend payout ratio (DPR) is presently 284.44%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on GSBD shares. Wall Street Zen upgraded Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research note on Sunday, March 23rd. Wells Fargo & Company decreased their price target on Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating for the company in a report on Monday, April 28th.

About Goldman Sachs BDC

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.