Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Sold by waypoint wealth counsel

waypoint wealth counsel lessened its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 63.7% during the 4th quarter, HoldingsChannel reports. The firm owned 10,590 shares of the financial services provider’s stock after selling 18,595 shares during the period. waypoint wealth counsel’s holdings in Goldman Sachs BDC were worth $128,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of GSBD. International Assets Investment Management LLC increased its position in Goldman Sachs BDC by 2,121.3% during the third quarter. International Assets Investment Management LLC now owns 329,200 shares of the financial services provider’s stock worth $45,300,000 after purchasing an additional 314,380 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Goldman Sachs BDC by 10.4% during the 3rd quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider’s stock valued at $36,408,000 after buying an additional 255,458 shares during the period. JPMorgan Chase & Co. grew its position 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 worth $3,061,000 after acquiring an additional 153,316 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Goldman Sachs BDC during the third quarter worth $1,101,000. Finally, Envestnet Asset Management Inc. raised its position in Goldman Sachs BDC by 17.9% in the second quarter. Envestnet Asset Management Inc. now owns 523,071 shares of the financial services provider’s stock valued at $7,862,000 after purchasing an additional 79,315 shares during the period. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a report on Tuesday, October 8th.

Goldman Sachs BDC Stock Up 1.2 %

NYSE:GSBD opened at $12.73 on Monday. Goldman Sachs BDC, Inc. has a 52 week low of $11.72 and a 52 week high of $15.94. The stock’s fifty day moving average is $12.63 and its two-hundred day moving average is $13.53. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 18.18 and a beta of 1.06. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19.

Goldman Sachs BDC (NYSE:GSBD) last posted its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. Goldman Sachs BDC had a return on equity of 15.72% and a net margin of 17.01%. The firm had revenue of $110.41 million for the quarter, compared to analyst estimates of $112.43 million. During the same quarter in the prior year, the company earned $0.64 EPS. Research analysts anticipate that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 14.15%. The ex-dividend date of this dividend is Tuesday, December 31st. Goldman Sachs BDC’s payout ratio is 257.15%.

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.