Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Acquired by Virtus ETF Advisers LLC

Virtus ETF Advisers LLC grew its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 39.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 91,065 shares of the financial services provider's stock after buying an additional 25,656 shares during the period. Virtus ETF Advisers LLC owned 0.08% of Goldman Sachs BDC worth $1,102,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Generali Asset Management SPA SGR acquired a new stake in shares of Goldman Sachs BDC during the fourth quarter worth $12,879,000. Raymond James Financial Inc. acquired a new position in Goldman Sachs BDC in the fourth quarter valued at $8,114,000. Trexquant Investment LP boosted its holdings in Goldman Sachs BDC by 300.2% in the fourth quarter. Trexquant Investment LP now owns 349,927 shares of the financial services provider's stock valued at $4,234,000 after acquiring an additional 262,488 shares during the last quarter. First National Trust Co acquired a new position in Goldman Sachs BDC in the fourth quarter valued at $2,680,000. Finally, JPMorgan Chase & Co. boosted its holdings in Goldman Sachs BDC by 221.7% in the third quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider's stock valued at $3,061,000 after acquiring an additional 153,316 shares during the last quarter. Hedge funds and other institutional investors own 28.72% of the company's stock.

Goldman Sachs BDC Stock Down 1.3 %

GSBD traded down $0.14 on Thursday, reaching $10.48. The company's stock had a trading volume of 291,480 shares, compared to its average volume of 898,607. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. Goldman Sachs BDC, Inc. has a 1 year low of $9.51 and a 1 year high of $15.94. The business's 50 day moving average is $11.53 and its 200 day moving average is $12.40. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 14.96 and a beta of 0.87.

Goldman Sachs BDC Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 28th. Stockholders of record on Monday, March 31st were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.11%. This is an increase from Goldman Sachs BDC's previous quarterly dividend of $0.05. Goldman Sachs BDC's dividend payout ratio (DPR) is presently 224.56%.

Analysts Set New Price Targets

GSBD has been the topic of a number of research analyst reports. StockNews.com upgraded Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research note on Sunday, March 23rd. Wells Fargo & Company reduced their price objective on Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating on the stock in a research note on Monday.

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.