Marshall Wace LLP Purchases 97,046 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Marshall Wace LLP grew its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 42.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 323,209 shares of the financial services provider's stock after buying an additional 97,046 shares during the quarter. Marshall Wace LLP owned 0.28% of Goldman Sachs BDC worth $3,911,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Guggenheim Capital LLC lifted its stake in Goldman Sachs BDC by 7.1% in the 4th quarter. Guggenheim Capital LLC now owns 35,143 shares of the financial services provider's stock valued at $425,000 after acquiring an additional 2,343 shares in the last quarter. Icon Advisers Inc. Co. raised its holdings in shares of Goldman Sachs BDC by 50.7% in the fourth quarter. Icon Advisers Inc. Co. now owns 291,903 shares of the financial services provider's stock valued at $3,532,000 after purchasing an additional 98,178 shares during the last quarter. Advisors Capital Management LLC lifted its position in shares of Goldman Sachs BDC by 4.6% in the fourth quarter. Advisors Capital Management LLC now owns 775,035 shares of the financial services provider's stock worth $9,378,000 after purchasing an additional 34,222 shares in the last quarter. Townsquare Capital LLC boosted its holdings in Goldman Sachs BDC by 20.4% during the fourth quarter. Townsquare Capital LLC now owns 52,755 shares of the financial services provider's stock worth $638,000 after purchasing an additional 8,927 shares during the last quarter. Finally, Zuckerman Investment Group LLC grew its position in Goldman Sachs BDC by 500.0% in the fourth quarter. Zuckerman Investment Group LLC now owns 90,000 shares of the financial services provider's stock valued at $1,156,000 after purchasing an additional 75,000 shares in the last quarter. Institutional investors own 28.72% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on GSBD shares. StockNews.com raised shares of Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report on Sunday, March 23rd. Wells Fargo & Company dropped their target price on Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating on the stock in a report on Monday.

Goldman Sachs BDC Stock Performance

Goldman Sachs BDC stock traded up $0.01 during mid-day trading on Thursday, hitting $10.62. 121,186 shares of the company's stock traded hands, compared to its average volume of 798,675. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a 50 day simple moving average of $11.53 and a two-hundred day simple moving average of $12.40. Goldman Sachs BDC, Inc. has a fifty-two week low of $9.51 and a fifty-two week high of $15.94. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 15.18 and a beta of 0.87.

Goldman Sachs BDC Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 28th. Stockholders of record on Monday, March 31st were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date was Monday, March 31st. This is a boost from Goldman Sachs BDC's previous quarterly dividend of $0.05. Goldman Sachs BDC's dividend payout ratio (DPR) is currently 224.56%.

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.