Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC raised its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 20.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 120,456 shares of the financial services provider’s stock after acquiring an additional 20,103 shares during the period. Corient Private Wealth LLC owned approximately 0.10% of Goldman Sachs BDC worth $1,458,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GSBD. Stephens Inc. AR increased its holdings in Goldman Sachs BDC by 2.7% in the 4th quarter. Stephens Inc. AR now owns 30,166 shares of the financial services provider’s stock valued at $365,000 after purchasing an additional 785 shares during the last quarter. Founders Financial Alliance LLC grew its stake in shares of Goldman Sachs BDC by 3.0% in the fourth quarter. Founders Financial Alliance LLC now owns 37,495 shares of the financial services provider’s stock valued at $454,000 after buying an additional 1,104 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of Goldman Sachs BDC by 149.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock valued at $29,000 after buying an additional 1,275 shares during the period. Mandatum Life Insurance Co Ltd lifted its stake in Goldman Sachs BDC by 3.3% during the 4th quarter. Mandatum Life Insurance Co Ltd now owns 41,675 shares of the financial services provider’s stock worth $504,000 after acquiring an additional 1,327 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in Goldman Sachs BDC by 13.1% during the 4th quarter. Verdence Capital Advisors LLC now owns 15,100 shares of the financial services provider’s stock valued at $183,000 after acquiring an additional 1,750 shares during the period. 28.72% of the stock is owned by hedge funds and other institutional investors.

Goldman Sachs BDC Stock Up 0.6 %

Shares of NYSE GSBD opened at $12.34 on Wednesday. The stock has a market cap of $1.45 billion, a P/E ratio of 17.63 and a beta of 1.06. The business’s fifty day simple moving average is $12.62 and its 200-day simple moving average is $12.99. Goldman Sachs BDC, Inc. has a 12-month low of $11.72 and a 12-month high of $15.94. 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 Increases Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 5.19%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Goldman Sachs BDC’s previous quarterly dividend of $0.05. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 224.56%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Sunday.

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.