Signaturefd LLC Takes Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Signaturefd LLC purchased a new stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,700 shares of the financial services provider’s stock, valued at approximately $40,000.

A number of other hedge funds have also recently made changes to their positions in GSBD. Fifth Third Bancorp acquired a new position in shares of Goldman Sachs BDC in the third quarter worth approximately $129,000. CFO4Life Group LLC lifted its stake in shares of Goldman Sachs BDC by 9.6% in the third quarter. CFO4Life Group LLC now owns 11,091 shares of the financial services provider’s stock worth $161,000 after acquiring an additional 973 shares during the period. J.W. Cole Advisors Inc. acquired a new position in shares of Goldman Sachs BDC in the third quarter worth approximately $171,000. Mutual Advisors LLC acquired a new position in shares of Goldman Sachs BDC in the fourth quarter worth approximately $203,000. Finally, Americana Partners LLC acquired a new position in shares of Goldman Sachs BDC in the third quarter worth approximately $211,000. 28.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. StockNews.com raised Goldman Sachs BDC from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. Wells Fargo & Company boosted their price objective on Goldman Sachs BDC from $14.50 to $15.00 and gave the company an “equal weight” rating in a report on Monday, January 29th.

Goldman Sachs BDC Trading Down 1.3 %

NYSE GSBD opened at $15.43 on Friday. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 8.57 and a beta of 1.10. Goldman Sachs BDC, Inc. has a 52 week low of $12.75 and a 52 week high of $15.80. The business has a 50 day moving average price of $15.23 and a 200-day moving average price of $14.93. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.14.

Goldman Sachs BDC (NYSE:GSBD) last announced its quarterly earnings results on Wednesday, February 28th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). Goldman Sachs BDC had a return on equity of 15.05% and a net margin of 43.06%. The company had revenue of $115.40 million for the quarter, compared to the consensus estimate of $117.09 million. As a group, equities analysts expect that Goldman Sachs BDC, Inc. will post 2.18 earnings per share for the current fiscal year.

Goldman Sachs BDC Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Thursday, March 28th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.80 annualized dividend and a yield of 11.67%. Goldman Sachs BDC’s dividend payout ratio (DPR) is currently 100.00%.

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.