Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Purchased by Columbia Advisory Partners LLC

Columbia Advisory Partners LLC grew its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 179.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,647 shares of the financial services provider's stock after purchasing an additional 33,188 shares during the period. Columbia Advisory Partners LLC's holdings in Goldman Sachs BDC were worth $601,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Stephens Inc. AR increased its holdings in Goldman Sachs BDC by 2.7% in the 4th quarter. Stephens Inc. AR now owns 30,166 shares of the financial services provider's stock valued at $365,000 after purchasing an additional 785 shares during the last quarter. Founders Financial Alliance LLC boosted its position in shares of Goldman Sachs BDC by 3.0% during the fourth quarter. Founders Financial Alliance LLC now owns 37,495 shares of the financial services provider's stock worth $454,000 after buying an additional 1,104 shares during the period. Captrust Financial Advisors grew its stake in shares of Goldman Sachs BDC by 10.9% in the fourth quarter. Captrust Financial Advisors now owns 11,861 shares of the financial services provider's stock valued at $144,000 after buying an additional 1,165 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of Goldman Sachs BDC by 81.1% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,858 shares of the financial services provider's stock valued at $47,000 after buying an additional 1,728 shares during the period. Finally, Verdence Capital Advisors LLC lifted its stake in Goldman Sachs BDC by 13.1% during the 4th quarter. Verdence Capital Advisors LLC now owns 15,100 shares of the financial services provider's stock worth $183,000 after acquiring an additional 1,750 shares in the last quarter. 28.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Goldman Sachs BDC Stock Down 1.2%

Shares of NYSE GSBD traded down $0.14 during mid-day trading on Friday, hitting $11.42. The company had a trading volume of 457,412 shares, compared to its average volume of 788,292. The company has a market capitalization of $1.34 billion, a PE ratio of 16.31 and a beta of 0.71. The business's 50-day simple moving average is $10.88 and its 200 day simple moving average is $11.95. Goldman Sachs BDC, Inc. has a 1-year low of $9.51 and a 1-year high of $15.81. 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 (NYSE:GSBD - Get Free Report) last issued its earnings results on Thursday, May 8th. The financial services provider reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.02). Goldman Sachs BDC had a net margin of 17.01% and a return on equity of 15.72%. The firm had revenue of $96.94 million during the quarter, compared to analyst estimates of $101.12 million. On average, analysts predict that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current year.

Goldman Sachs BDC Dividend Announcement

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

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.