Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 40.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,335 shares of the financial services provider’s stock after buying an additional 41,915 shares during the quarter. LPL Financial LLC’s holdings in Goldman Sachs BDC were worth $1,746,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Vision Financial Markets LLC purchased a new position in shares of Goldman Sachs BDC during the fourth quarter worth $27,000. Chicago Partners Investment Group LLC purchased a new stake in shares of Goldman Sachs BDC in the 4th quarter valued at $128,000. Wealthcare Advisory Partners LLC acquired a new position in Goldman Sachs BDC during the 4th quarter worth about $135,000. Canton Hathaway LLC purchased a new position in Goldman Sachs BDC during the 4th quarter valued at about $137,000. Finally, Entropy Technologies LP acquired a new position in Goldman Sachs BDC in the 4th quarter valued at about $142,000. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Sunday, March 23rd.

Goldman Sachs BDC Stock Down 0.8 %

GSBD opened at $10.35 on Thursday. Goldman Sachs BDC, Inc. has a 52 week low of $9.51 and a 52 week high of $15.94. The business has a 50 day moving average price of $11.99 and a two-hundred day moving average price of $12.60. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. The company has a market cap of $1.21 billion, a PE ratio of 14.79 and a beta of 0.87.

Goldman Sachs BDC Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be paid a $0.16 dividend. This is a boost from Goldman Sachs BDC’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 6.18%. 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.