99,500 Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD) Bought by Garde Capital Inc.

Garde Capital Inc. purchased a new stake in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 99,500 shares of the financial services provider's stock, valued at approximately $1,157,000. Garde Capital Inc. owned approximately 0.08% of Goldman Sachs BDC at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Wealth Alliance raised its position in shares of Goldman Sachs BDC by 64.8% during the 4th quarter. Wealth Alliance now owns 20,345 shares of the financial services provider's stock worth $246,000 after acquiring an additional 8,000 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter worth about $353,000. Canton Hathaway LLC acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter worth about $137,000. GraniteShares Advisors LLC raised its position in shares of Goldman Sachs BDC by 31.0% during the 4th quarter. GraniteShares Advisors LLC now owns 206,240 shares of the financial services provider's stock worth $2,496,000 after acquiring an additional 48,798 shares in the last quarter. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter worth about $450,000. Institutional investors and hedge funds own 28.72% of the company's stock.

Goldman Sachs BDC Stock Performance

Shares of GSBD stock traded up $0.15 during midday trading on Tuesday, hitting $11.55. The company had a trading volume of 630,182 shares, compared to its average volume of 791,373. The company's 50 day simple moving average is $11.06 and its 200 day simple moving average is $11.86. Goldman Sachs BDC, Inc. has a 52-week low of $9.51 and a 52-week high of $15.81. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 5.62 and a beta of 0.71. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.39 and a quick ratio of 1.39.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last announced 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 12.38% and a return on equity of 15.05%. The company had revenue of $96.94 million during the quarter, compared to analysts' expectations of $101.12 million. Research analysts anticipate that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Announces Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a dividend yield of 17.09%. Goldman Sachs BDC's dividend payout ratio (DPR) is currently 284.44%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wells Fargo & Company dropped their price target on 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 Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research note on Sunday, March 23rd.

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.