Zuckerman Investment Group LLC Buys 75,000 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Zuckerman Investment Group LLC raised its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 500.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,000 shares of the financial services provider’s stock after acquiring an additional 75,000 shares during the period. Zuckerman Investment Group LLC owned approximately 0.08% of Goldman Sachs BDC worth $1,156,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in Goldman Sachs BDC by 493.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 35,311 shares of the financial services provider’s stock valued at $486,000 after purchasing an additional 29,365 shares during the period. HighTower Advisors LLC grew its stake in shares of Goldman Sachs BDC by 9.0% in the third quarter. HighTower Advisors LLC now owns 315,949 shares of the financial services provider’s stock valued at $4,347,000 after acquiring an additional 26,134 shares in the last quarter. Stifel Financial Corp increased its position in Goldman Sachs BDC by 46.6% during the third quarter. Stifel Financial Corp now owns 21,910 shares of the financial services provider’s stock worth $301,000 after acquiring an additional 6,963 shares during the period. MML Investors Services LLC raised its stake in Goldman Sachs BDC by 4.2% in the 3rd quarter. MML Investors Services LLC now owns 48,557 shares of the financial services provider’s stock worth $668,000 after purchasing an additional 1,938 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in Goldman Sachs BDC by 137.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 103,034 shares of the financial services provider’s stock valued at $1,418,000 after purchasing an additional 59,653 shares during the period. Institutional investors and hedge funds own 28.72% of the company’s stock.

Goldman Sachs BDC Trading Up 7.0 %

Shares of NYSE GSBD opened at $10.54 on Thursday. The stock has a market cap of $1.24 billion, a P/E ratio of 15.06 and a beta of 0.87. Goldman Sachs BDC, Inc. has a 52-week low of $9.51 and a 52-week high of $15.94. The firm has a 50 day moving average price of $12.25 and a two-hundred day moving average price of $12.73. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Shareholders 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. This represents a $0.64 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend is Monday, March 31st. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 224.56%.

Wall Street Analysts Forecast Growth

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

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.