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

Corient Private Wealth LLC increased its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 20.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 120,456 shares of the financial services provider’s stock after acquiring an additional 20,103 shares during the quarter. Corient Private Wealth LLC’s holdings in Goldman Sachs BDC were worth $1,458,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Stephens Inc. AR increased its holdings in shares of 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 acquiring an additional 785 shares during the last quarter. Founders Financial Alliance LLC increased its stake in 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 purchasing an additional 1,104 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Goldman Sachs BDC by 149.1% in the third quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 1,275 shares during the last quarter. Mandatum Life Insurance Co Ltd raised its holdings in Goldman Sachs BDC by 3.3% during the fourth quarter. Mandatum Life Insurance Co Ltd now owns 41,675 shares of the financial services provider’s stock worth $504,000 after purchasing an additional 1,327 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its position in shares of 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 worth $183,000 after buying an additional 1,750 shares during the last quarter. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Analysts Set New Price Targets

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

Goldman Sachs BDC Trading Up 0.6 %

NYSE:GSBD opened at $12.34 on Wednesday. The company has a market capitalization of $1.45 billion, a PE ratio of 17.63 and a beta of 1.06. Goldman Sachs BDC, Inc. has a 52-week low of $11.72 and a 52-week high of $15.94. The stock’s 50 day moving average price is $12.62 and its 200 day moving average price is $12.99. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19.

Goldman Sachs BDC Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Goldman Sachs BDC’s previous quarterly dividend of $0.05. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.19%. Goldman Sachs BDC’s dividend payout ratio (DPR) is 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.