57,823 Shares in Goldman Sachs BDC, Inc. (NYSE:GSBD) Purchased by MQS Management LLC

MQS Management LLC bought a new position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 57,823 shares of the financial services provider's stock, valued at approximately $672,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Stiles Financial Services Inc increased its holdings in 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 valued at $978,000 after buying an additional 52,406 shares during the period. Invesco Ltd. increased its holdings in 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 valued at $13,255,000 after buying an additional 116,154 shares during the period. Ameriprise Financial Inc. increased its holdings in 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 valued at $1,477,000 after buying an additional 25,491 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in 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 valued at $4,862,000 after buying an additional 30,172 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in 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 valued at $1,276,000 after buying an additional 70,131 shares during the period. Institutional investors own 28.72% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GSBD shares. Wall Street Zen raised shares of Goldman Sachs BDC from a "sell" rating to a "hold" rating in a report on Sunday, March 23rd. Wells Fargo & Company lowered their price target 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 Price Performance

Shares of GSBD traded up $0.08 during trading hours on Friday, hitting $11.80. The stock had a trading volume of 1,091,413 shares, compared to its average volume of 804,959. The company's fifty day moving average is $11.33 and its two-hundred day moving average is $11.75. 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, Inc. has a 52 week low of $9.51 and a 52 week high of $15.60. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 26.22 and a beta of 0.72.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last posted 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 return on equity of 15.05% and a net margin of 12.38%. The firm had revenue of $96.94 million during the quarter, compared to the consensus estimate of $101.12 million. On average, analysts anticipate that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Dividend Announcement

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

Goldman Sachs BDC 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.