Oxford Asset Management LLP Takes $381,000 Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Oxford Asset Management LLP bought a new position in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 31,459 shares of the financial services provider's stock, valued at approximately $381,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp grew its holdings in Goldman Sachs BDC by 46.6% during the 3rd quarter. Stifel Financial Corp now owns 21,910 shares of the financial services provider's stock worth $301,000 after acquiring an additional 6,963 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Goldman Sachs BDC in the 3rd quarter worth approximately $1,101,000. JPMorgan Chase & Co. lifted its position in Goldman Sachs BDC by 221.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider's stock worth $3,061,000 after buying an additional 153,316 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Goldman Sachs BDC by 143.4% in the fourth quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider's stock worth $161,000 after buying an additional 7,854 shares during the last quarter. Finally, Capital Market Strategies LLC grew its position in shares of Goldman Sachs BDC by 18.9% in the fourth quarter. Capital Market Strategies LLC now owns 137,993 shares of the financial services provider's stock valued at $1,670,000 after purchasing an additional 21,968 shares during the last quarter. Institutional investors and hedge funds own 28.72% of the company's stock.

Goldman Sachs BDC Trading Up 0.8 %

Goldman Sachs BDC stock traded up $0.09 during trading hours on Friday, reaching $10.56. 321,465 shares of the company's stock were exchanged, compared to its average volume of 799,831. Goldman Sachs BDC, Inc. has a twelve month low of $9.51 and a twelve month high of $15.94. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $1.24 billion, a PE ratio of 15.08 and a beta of 0.87. The firm's 50 day simple moving average is $11.47 and its 200 day simple moving average is $12.38.

Goldman Sachs BDC Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Shareholders of record on Monday, March 31st were given a $0.16 dividend. This is a positive change from Goldman Sachs BDC's previous quarterly dividend of $0.05. The ex-dividend date was Monday, March 31st. This represents a $0.64 annualized dividend and a yield of 6.06%. Goldman Sachs BDC's payout ratio is currently 224.56%.

Analyst Ratings Changes

GSBD has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price objective on Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating for the company in a research note on Monday. StockNews.com raised Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report on Sunday, March 23rd.

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.