International Assets Investment Management LLC Grows Holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD)

International Assets Investment Management LLC raised its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 561.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 217,113 shares of the financial services provider's stock after acquiring an additional 184,293 shares during the period. International Assets Investment Management LLC owned approximately 0.20% of Goldman Sachs BDC worth $3,181,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd grew its position in Goldman Sachs BDC by 1.8% during the second quarter. Y Intercept Hong Kong Ltd now owns 39,634 shares of the financial services provider's stock worth $549,000 after buying an additional 719 shares in the last quarter. CFO4Life Group LLC raised its position in Goldman Sachs BDC by 9.6% in the 3rd quarter. CFO4Life Group LLC now owns 11,091 shares of the financial services provider's stock worth $161,000 after purchasing an additional 973 shares during the last quarter. Lido Advisors LLC raised its position in Goldman Sachs BDC by 5.8% in the 1st quarter. Lido Advisors LLC now owns 18,216 shares of the financial services provider's stock worth $249,000 after purchasing an additional 1,000 shares during the last quarter. Apollon Wealth Management LLC raised its position in Goldman Sachs BDC by 2.3% in the 1st quarter. Apollon Wealth Management LLC now owns 43,912 shares of the financial services provider's stock worth $599,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Hexagon Capital Partners LLC raised its position in Goldman Sachs BDC by 5.3% in the 3rd quarter. Hexagon Capital Partners LLC now owns 22,024 shares of the financial services provider's stock worth $321,000 after purchasing an additional 1,101 shares during the last quarter. 28.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GSBD has been the subject of several research analyst reports. Wells Fargo & Company boosted their price target on shares of Goldman Sachs BDC from $14.50 to $15.00 and gave the company an "equal weight" rating in a report on Monday, January 29th. StockNews.com cut shares of Goldman Sachs BDC from a "buy" rating to a "hold" rating in a research report on Saturday, March 9th.

Goldman Sachs BDC Stock Performance

Shares of GSBD stock traded up $0.12 on Thursday, reaching $15.26. The stock had a trading volume of 442,809 shares, compared to its average volume of 593,796. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.14. The firm's 50-day moving average is $15.17 and its two-hundred day moving average is $14.83. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 8.48 and a beta of 1.13. Goldman Sachs BDC, Inc. has a 12 month low of $12.75 and a 12 month high of $15.65.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The financial services provider reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.02). Goldman Sachs BDC had a net margin of 43.06% and a return on equity of 15.05%. The company had revenue of $115.40 million during the quarter, compared to analyst estimates of $117.09 million. On average, research analysts expect that Goldman Sachs BDC, Inc. will post 2.18 EPS for the current fiscal year.

Goldman Sachs BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, March 28th will be paid a $0.45 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $1.80 dividend on an annualized basis and a yield of 11.80%. Goldman Sachs BDC's dividend payout ratio (DPR) is currently 100.00%.

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.