Stratos Wealth Partners LTD. Raises Stake in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Stratos Wealth Partners LTD. grew its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 17.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 263,931 shares of the financial services provider’s stock after acquiring an additional 39,993 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Goldman Sachs BDC were worth $3,194,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Farther Finance Advisors LLC grew its holdings in shares of Goldman Sachs BDC by 4,607.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 1,981 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in Goldman Sachs BDC by 149.1% during 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 buying an additional 1,275 shares during the period. WFA Asset Management Corp bought a new position in shares of Goldman Sachs BDC during the third quarter valued at about $33,000. Chicago Partners Investment Group LLC purchased a new position in shares of Goldman Sachs BDC in the fourth quarter worth about $128,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of Goldman Sachs BDC in the 4th quarter valued at about $135,000. 28.72% of the stock is currently owned by institutional investors.

Goldman Sachs BDC Price Performance

GSBD opened at $12.87 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. The stock’s 50 day simple moving average is $12.60 and its 200 day simple moving average is $13.40. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 18.38 and a beta of 1.06. Goldman Sachs BDC, Inc. has a 1 year low of $11.72 and a 1 year high of $15.94.

Goldman Sachs BDC (NYSE:GSBD) last issued its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $110.41 million for the quarter, compared to analysts’ expectations of $112.43 million. During the same quarter last year, the business earned $0.64 earnings per share. As a group, analysts predict that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current year.

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.