Generali Investments CEE investicni spolecnost a.s. Takes Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,069 shares of the financial services provider's stock, valued at approximately $338,000.

A number of other large investors have also added to or reduced their stakes in the business. Founders Financial Alliance LLC grew its stake in shares of Goldman Sachs BDC by 3.0% during the 4th quarter. Founders Financial Alliance LLC now owns 37,495 shares of the financial services provider's stock valued at $454,000 after purchasing an additional 1,104 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Goldman Sachs BDC by 6.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 19,835 shares of the financial services provider's stock worth $231,000 after purchasing an additional 1,147 shares during the period. Captrust Financial Advisors boosted its stake in Goldman Sachs BDC by 10.9% in the 4th quarter. Captrust Financial Advisors now owns 11,861 shares of the financial services provider's stock worth $144,000 after purchasing an additional 1,165 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in shares of Goldman Sachs BDC by 81.1% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,858 shares of the financial services provider's stock worth $47,000 after acquiring an additional 1,728 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its holdings in shares of 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. Institutional investors own 28.72% of the company's stock.

Goldman Sachs BDC Trading Down 0.1%

Goldman Sachs BDC stock traded down $0.01 during midday trading on Wednesday, reaching $11.60. The stock had a trading volume of 481,916 shares, compared to its average volume of 803,256. The stock's 50-day simple moving average is $11.26 and its 200 day simple moving average is $11.77. The stock has a market capitalization of $1.36 billion, a PE ratio of 25.78 and a beta of 0.72. Goldman Sachs BDC, Inc. has a twelve month low of $9.51 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.39 and a current ratio of 1.39.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The financial services provider reported $0.41 EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $101.12 million. Analysts expect that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have commented on GSBD. 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 research note on Monday, April 28th. Wall Street Zen upgraded Goldman Sachs BDC from a "sell" rating to a "hold" rating in a report on Sunday, March 23rd.

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.