Union Bancaire Privee UBP SA Makes New Investment in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Union Bancaire Privee UBP SA purchased a new stake in Goldman Sachs BDC, Inc. (NYSE:GSBD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 29,194 shares of the financial services provider’s stock, valued at approximately $353,000.

A number of other hedge funds also recently made changes to their positions in the business. Van ECK Associates Corp increased its position in Goldman Sachs BDC by 10.4% in 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 during the period. JPMorgan Chase & Co. raised its stake in shares of 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 purchasing an additional 153,316 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in Goldman Sachs BDC in the third quarter worth about $526,000. Versant Capital Management Inc grew its position in Goldman Sachs BDC by 143.4% in the 4th quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider’s stock valued at $161,000 after buying an additional 7,854 shares in the last quarter. Finally, Magnus Financial Group LLC acquired a new position in Goldman Sachs BDC during the 4th quarter valued at about $246,000. Institutional investors own 28.72% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th.

Goldman Sachs BDC Trading Up 0.4 %

Shares of Goldman Sachs BDC stock opened at $12.86 on Wednesday. The business has a fifty day simple moving average of $12.63 and a 200-day simple moving average of $13.50. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 18.36 and a beta of 1.06. Goldman Sachs BDC, Inc. has a fifty-two week low of $11.72 and a fifty-two week high of $15.94. 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 (NYSE:GSBD) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. Goldman Sachs BDC had a net margin of 17.01% and a return on equity of 15.72%. The company had revenue of $110.41 million during the quarter, compared to analyst estimates of $112.43 million. During the same quarter last year, the firm posted $0.64 EPS. On average, equities analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Tuesday, December 31st were issued a $0.45 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 14.00%. Goldman Sachs BDC’s dividend payout ratio is currently 257.15%.

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.