BluePointe Capital Management LLC Has $359,000 Stock Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

BluePointe Capital Management LLC decreased its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 39.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,306 shares of the financial services provider’s stock after selling 18,770 shares during the quarter. BluePointe Capital Management LLC’s holdings in Goldman Sachs BDC were worth $359,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GSBD. Sage Rhino Capital LLC boosted its holdings in shares of Goldman Sachs BDC by 23.9% in the 4th quarter. Sage Rhino Capital LLC now owns 252,335 shares of the financial services provider’s stock valued at $3,053,000 after purchasing an additional 48,639 shares in the last quarter. JPMorgan Chase & Co. boosted its stake 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 buying an additional 153,316 shares in the last quarter. Magnus Financial Group LLC bought a new position in Goldman Sachs BDC in the fourth quarter valued at about $246,000. Stiles Financial Services Inc acquired a new position in Goldman Sachs BDC during the fourth quarter worth about $383,000. Finally, Quadrant Private Wealth Management LLC boosted its stake in shares of Goldman Sachs BDC by 13.5% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 182,279 shares of the financial services provider’s stock valued at $2,288,000 after purchasing an additional 21,620 shares in the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a report on Saturday, March 15th.

Goldman Sachs BDC Stock Performance

Shares of Goldman Sachs BDC stock opened at $12.21 on Thursday. The business has a 50-day simple moving average of $12.59 and a 200 day simple moving average of $13.05. Goldman Sachs BDC, Inc. has a one year low of $11.72 and a one year high of $15.94. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 17.44 and a beta of 1.06.

Goldman Sachs BDC Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.16 per share. This is an increase from Goldman Sachs BDC’s previous quarterly dividend of $0.05. The ex-dividend date is Monday, March 31st. This represents a $0.64 annualized dividend and a yield of 5.24%. Goldman Sachs BDC’s dividend payout ratio is presently 224.56%.

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.