Goldman Sachs BDC, Inc. (NYSE:GSBD) Position Boosted by Round Rock Advisors LLC

Round Rock Advisors LLC boosted its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 174.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,876 shares of the financial services provider's stock after purchasing an additional 130,936 shares during the period. Round Rock Advisors LLC owned approximately 0.18% of Goldman Sachs BDC worth $2,394,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. 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 purchasing an additional 52,406 shares in the last quarter. 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 purchasing an additional 116,154 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Goldman Sachs BDC by 25.6% during the fourth quarter. Ameriprise Financial Inc. now owns 125,016 shares of the financial services provider's stock valued at $1,477,000 after acquiring an additional 25,491 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Goldman Sachs BDC by 7.8% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 418,070 shares of the financial services provider's stock valued at $4,862,000 after acquiring an additional 30,172 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Goldman Sachs BDC by 198.6% during the fourth quarter. BNP Paribas Financial Markets now owns 105,442 shares of the financial services provider's stock valued at $1,276,000 after acquiring an additional 70,131 shares in the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Stock Up 0.7%

Shares of Goldman Sachs BDC stock traded up $0.08 during trading hours on Friday, hitting $11.80. 1,091,413 shares of the company's stock traded hands, compared to its average volume of 803,527. The stock has a 50 day simple moving average of $11.33 and a 200-day simple moving average of $11.76. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 1.21. The company has a market cap of $1.38 billion, a PE ratio of 26.22 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.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last issued its quarterly 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 return on equity of 15.05% and a net margin of 12.38%. The company had revenue of $96.94 million for the quarter, compared to the consensus estimate of $101.12 million. Equities research analysts anticipate that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 2nd were given 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 284.44%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GSBD. Wall Street Zen upgraded Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research note on Sunday, March 23rd. 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.

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.