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

waypoint wealth counsel lowered its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 63.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GSBD. Van ECK Associates Corp increased its holdings in shares of Goldman Sachs BDC by 10.4% in the third quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider’s stock valued at $36,408,000 after purchasing an additional 255,458 shares during the period. JPMorgan Chase & Co. raised its position in Goldman Sachs BDC by 221.7% during 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 in the last quarter. J.W. Cole Advisors Inc. acquired a new position in Goldman Sachs BDC in the third quarter valued at approximately $526,000. Versant Capital Management Inc boosted its position in Goldman Sachs BDC by 143.4% in the 4th quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider’s stock worth $161,000 after purchasing an additional 7,854 shares in the last quarter. Finally, Magnus Financial Group LLC acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter worth approximately $246,000. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Performance

Shares of GSBD stock opened at $12.73 on Monday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC, Inc. has a 12-month low of $11.72 and a 12-month high of $15.94. The business’s 50 day moving average is $12.63 and its two-hundred day moving average is $13.53. The company has a market capitalization of $1.49 billion, a P/E ratio of 18.18 and a beta of 1.06.

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

Goldman Sachs BDC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, December 31st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 14.15%. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 257.15%.

Analysts Set New Price Targets

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

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.