Zuckerman Investment Group LLC Acquires 75,000 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Zuckerman Investment Group LLC raised its position in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 500.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,000 shares of the financial services provider's stock after buying an additional 75,000 shares during the quarter. Zuckerman Investment Group LLC owned 0.08% of Goldman Sachs BDC worth $1,156,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vision Financial Markets LLC acquired a new position in Goldman Sachs BDC in the fourth quarter valued at about $27,000. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Goldman Sachs BDC by 149.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider's stock worth $29,000 after acquiring an additional 1,275 shares during the period. Chicago Partners Investment Group LLC acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter worth approximately $128,000. Wealthcare Advisory Partners LLC bought a new position in Goldman Sachs BDC in the fourth quarter valued at approximately $135,000. Finally, Canton Hathaway LLC acquired a new position in Goldman Sachs BDC during the fourth quarter valued at approximately $137,000. Institutional investors own 28.72% of the company's stock.

Goldman Sachs BDC Price Performance

Shares of Goldman Sachs BDC stock traded up $0.21 during midday trading on Tuesday, hitting $10.41. 342,545 shares of the company traded hands, compared to its average volume of 941,224. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 14.87 and a beta of 0.87. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. The firm's fifty day moving average price is $12.08 and its 200-day moving average price is $12.63. Goldman Sachs BDC, Inc. has a 12 month low of $9.51 and a 12 month high of $15.94.

Goldman Sachs BDC Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.15%. This is a boost from Goldman Sachs BDC's previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Monday, March 31st. Goldman Sachs BDC's dividend payout ratio is presently 224.56%.

Analyst Ratings Changes

Separately, StockNews.com raised Goldman Sachs BDC from a "sell" rating to a "hold" rating in a report on Sunday, March 23rd.

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.