MML Investors Services LLC Has $668,000 Stock Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

MML Investors Services LLC lifted its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 4.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,557 shares of the financial services provider’s stock after purchasing an additional 1,938 shares during the period. MML Investors Services LLC’s holdings in Goldman Sachs BDC were worth $668,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its position in shares of Goldman Sachs BDC by 4,607.0% in the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock worth $28,000 after buying an additional 1,981 shares during the last quarter. WFA Asset Management Corp acquired a new stake in Goldman Sachs BDC in the 3rd quarter worth approximately $33,000. Rothschild Investment LLC bought a new stake in Goldman Sachs BDC during the second quarter worth approximately $113,000. Zions Bancorporation N.A. acquired a new position in Goldman Sachs BDC during the second quarter valued at approximately $128,000. Finally, Centaurus Financial Inc. raised its position in shares of Goldman Sachs BDC by 15.9% in the second quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 1,316 shares during the period. 28.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Goldman Sachs BDC Stock Performance

GSBD opened at $12.85 on Friday. Goldman Sachs BDC, Inc. has a 12-month low of $12.65 and a 12-month high of $15.94. The firm has a market capitalization of $1.51 billion, a P/E ratio of 18.36 and a beta of 1.06. The stock’s 50 day moving average price is $13.10 and its two-hundred day moving average price is $14.10. 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 announced its earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $110.41 million for the quarter, compared to analyst estimates of $112.43 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. On average, equities analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current year.

Goldman Sachs BDC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 14.01%. The ex-dividend date of this dividend is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio is currently 257.14%.

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.