Captrust Financial Advisors Sells 954 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Captrust Financial Advisors lessened its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 8.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,696 shares of the financial services provider’s stock after selling 954 shares during the quarter. Captrust Financial Advisors’ holdings in Goldman Sachs BDC were worth $147,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GSBD. Farther Finance Advisors LLC boosted its position in Goldman Sachs BDC by 4,607.0% during the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 1,981 shares during the period. WFA Asset Management Corp purchased a new stake in shares of Goldman Sachs BDC in the third quarter worth about $33,000. Rothschild Investment LLC purchased a new stake in shares of Goldman Sachs BDC in the second quarter worth about $113,000. Zions Bancorporation N.A. purchased a new stake in shares of Goldman Sachs BDC in the second quarter worth about $128,000. Finally, Principal Street Partners LLC purchased a new stake in shares of Goldman Sachs BDC in the third quarter worth about $141,000. Institutional investors own 28.72% of the company’s stock.

Analyst Upgrades and Downgrades

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

Goldman Sachs BDC Trading Down 1.3 %

Shares of Goldman Sachs BDC stock opened at $12.70 on Tuesday. Goldman Sachs BDC, Inc. has a 12-month low of $12.67 and a 12-month high of $15.94. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 18.14 and a beta of 1.06. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. The company’s 50-day moving average price is $13.16 and its 200-day moving average price is $14.15.

Goldman Sachs BDC (NYSE:GSBD) last announced its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $110.41 million for the quarter, compared to the consensus estimate of $112.43 million. Goldman Sachs BDC had a net margin of 17.01% and a return on equity of 15.72%. During the same period last year, the firm posted $0.64 earnings per share. On average, equities analysts expect that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

Goldman Sachs BDC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 14.17%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio is currently 257.14%.

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.