Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Purchased by Stiles Financial Services Inc

Stiles Financial Services Inc increased its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 165.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,083 shares of the financial services provider's stock after acquiring an additional 52,406 shares during the quarter. Stiles Financial Services Inc owned approximately 0.07% of Goldman Sachs BDC worth $978,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of GSBD. Cambridge Investment Research Advisors Inc. raised its stake in Goldman Sachs BDC by 6.1% during the first 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. Garde Capital Inc. acquired a new stake in shares of Goldman Sachs BDC during the 1st quarter worth approximately $1,157,000. Canton Hathaway LLC increased its holdings in shares of Goldman Sachs BDC by 144.0% during the 1st quarter. Canton Hathaway LLC now owns 27,720 shares of the financial services provider's stock worth $322,000 after buying an additional 16,360 shares during the last quarter. PFG Investments LLC raised its position in shares of Goldman Sachs BDC by 33.7% during the 1st quarter. PFG Investments LLC now owns 73,883 shares of the financial services provider's stock valued at $859,000 after buying an additional 18,633 shares during the period. Finally, United Advisor Group LLC lifted its holdings in Goldman Sachs BDC by 2.3% in the first quarter. United Advisor Group LLC now owns 132,979 shares of the financial services provider's stock valued at $1,547,000 after acquiring an additional 2,990 shares during the last quarter. Hedge funds and other institutional investors own 28.72% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wells Fargo & Company lowered their price objective on Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating for the company in a research report on Monday, April 28th. Wall Street Zen raised Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report on Sunday, March 23rd.

Goldman Sachs BDC Trading Up 0.5%

Shares of Goldman Sachs BDC stock traded up $0.06 on Thursday, reaching $11.67. The company had a trading volume of 815,023 shares, compared to its average volume of 793,746. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $1.37 billion, a PE ratio of 25.92 and a beta of 0.71. The firm's 50 day moving average price is $11.13 and its two-hundred day moving average price is $11.85. Goldman Sachs BDC, Inc. has a 52-week low of $9.51 and a 52-week high of $15.80.

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 (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 firm had revenue of $96.94 million during the quarter, compared to analysts' expectations of $101.12 million. Sell-side analysts predict that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 2nd were issued 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 is presently 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.