BNP Paribas Financial Markets Acquires 70,131 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

BNP Paribas Financial Markets boosted its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 198.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,442 shares of the financial services provider's stock after purchasing an additional 70,131 shares during the period. BNP Paribas Financial Markets owned 0.09% of Goldman Sachs BDC worth $1,276,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in GSBD. Van ECK Associates Corp grew its stake in shares of Goldman Sachs BDC by 1.0% during the fourth quarter. Van ECK Associates Corp now owns 2,732,785 shares of the financial services provider's stock worth $33,066,000 after purchasing an additional 25,888 shares during the period. Invesco Ltd. boosted its holdings in Goldman Sachs BDC by 11.9% during the fourth quarter. Invesco Ltd. now owns 1,095,489 shares of the financial services provider's stock worth $13,255,000 after buying an additional 116,154 shares during the last quarter. Generali Asset Management SPA SGR acquired a new position in shares of Goldman Sachs BDC during the 4th quarter worth about $12,879,000. Advisors Capital Management LLC increased its stake in shares of Goldman Sachs BDC by 4.6% in the 4th quarter. Advisors Capital Management LLC now owns 775,035 shares of the financial services provider's stock valued at $9,378,000 after acquiring an additional 34,222 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Goldman Sachs BDC during the fourth quarter worth about $8,114,000. 28.72% of the stock is owned by institutional investors.

Goldman Sachs BDC Stock Up 0.1%

Shares of Goldman Sachs BDC stock traded up $0.02 during trading on Friday, reaching $11.01. The stock had a trading volume of 357,484 shares, compared to its average volume of 792,074. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 15.72 and a beta of 0.71. The stock has a fifty day moving average price of $10.99 and a two-hundred day moving average price of $12.08. Goldman Sachs BDC, Inc. has a 52 week low of $9.51 and a 52 week high of $15.81.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last released its earnings results on Thursday, May 8th. The financial services provider reported $0.41 EPS 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 the consensus estimate of $101.12 million. Sell-side analysts predict that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current fiscal year.

Goldman Sachs BDC Announces Dividend

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

Analyst Upgrades and Downgrades

GSBD has been the subject of a number of research reports. Wells Fargo & Company lowered their target price 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 shares of Goldman Sachs BDC from a "sell" rating to a "hold" rating in a report 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.