Goldman Sachs BDC, Inc. (NYSE:GSBD) Stake Lifted by Muzinich & Co. Inc.

Muzinich & Co. Inc. increased its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 9.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 434,147 shares of the financial services provider's stock after buying an additional 38,845 shares during the period. Goldman Sachs BDC comprises about 2.9% of Muzinich & Co. Inc.'s holdings, making the stock its 10th largest position. Muzinich & Co. Inc. owned about 0.37% of Goldman Sachs BDC worth $5,049,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stiles Financial Services Inc boosted its position in shares of Goldman Sachs BDC by 165.4% in the 1st quarter. Stiles Financial Services Inc now owns 84,083 shares of the financial services provider's stock worth $978,000 after buying an additional 52,406 shares in the last quarter. Invesco Ltd. boosted its position in shares of Goldman Sachs BDC by 11.9% in the 4th 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 in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Goldman Sachs BDC by 25.6% in the 4th quarter. Ameriprise Financial Inc. now owns 125,016 shares of the financial services provider's stock worth $1,477,000 after buying an additional 25,491 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Goldman Sachs BDC by 7.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 418,070 shares of the financial services provider's stock worth $4,862,000 after buying an additional 30,172 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Goldman Sachs BDC by 198.6% in the 4th quarter. BNP Paribas Financial Markets now owns 105,442 shares of the financial services provider's stock worth $1,276,000 after buying an additional 70,131 shares in the last quarter. 28.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Goldman Sachs BDC Trading Down 0.8%

NYSE:GSBD traded down $0.10 on Friday, reaching $11.86. The stock had a trading volume of 502,735 shares, compared to its average volume of 805,440. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 26.36 and a beta of 0.72. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.39 and a quick ratio of 1.39. The firm's fifty day moving average is $11.46 and its two-hundred day moving average is $11.73. Goldman Sachs BDC, Inc. has a 12-month low of $9.51 and a 12-month high of $15.30.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last released its earnings results on Thursday, May 8th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.02). The firm had revenue of $96.94 million during the quarter, compared to analysts' expectations of $101.12 million. Goldman Sachs BDC had a net margin of 12.38% and a return on equity of 15.05%. Equities analysts expect that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

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

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.