Goldman Sachs BDC, Inc. (NYSE:GSBD) Stake Lowered by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 20.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,695 shares of the financial services provider’s stock after selling 7,034 shares during the period. Sanctuary Advisors LLC’s holdings in Goldman Sachs BDC were worth $340,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its stake in 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 acquiring an additional 255,458 shares in the last quarter. JPMorgan Chase & Co. lifted its stake 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 buying an additional 153,316 shares in the last quarter. Magnus Financial Group LLC acquired a new position in shares of Goldman Sachs BDC in the fourth quarter worth about $246,000. Versant Capital Management Inc increased its position in shares of Goldman Sachs BDC by 143.4% in the fourth quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider’s stock worth $161,000 after acquiring an additional 7,854 shares in the last quarter. Finally, Stiles Financial Services Inc acquired a new stake in shares of Goldman Sachs BDC during the fourth quarter valued at approximately $383,000. 28.72% of the stock is currently owned by institutional investors.

Goldman Sachs BDC Trading Down 2.1 %

NYSE GSBD opened at $12.77 on Tuesday. The firm’s 50 day moving average price is $12.63 and its two-hundred day moving average price is $13.20. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. Goldman Sachs BDC, Inc. has a twelve month low of $11.72 and a twelve month high of $15.94. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 18.24 and a beta of 1.06.

Goldman Sachs BDC Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.01%. Goldman Sachs BDC’s payout ratio is currently 315.79%.

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.