3 days Ago By ABMN Staff
Zions Bancorporation N.A. bought a new position in shares of Goldman Sachs BDC, Inc.
( NYSE:GSBD – Free Report ) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 8,500 shares of the financial services provider’s stock, valued at approximately $128,000. Other institutional investors have also recently made changes to their positions in the company.
Norden Group LLC increased its position in shares of Goldman Sachs BDC by 1,000.5% during the first quarter. Norden Group LLC now owns 119,304 shares of the financial services provider’s stock worth $1,787,000 after buying an additional 108,463 shares during the period.
Shikiar Asset Management Inc. grew its holdings in Goldman Sachs BDC by 16.1% during the 2nd quarter.
Shikiar Asset Management Inc. now owns 554,290 shares of the financial services provider’s stock worth $8,331,000 after acquiring an additional 76,715 shares during the period. Confluence Investment Management LLC bought a new position in shares of Goldman Sachs BDC in the 1st quarter worth about $2,786,000.
Naviter Wealth LLC acquired a new position in shares of Goldman Sachs BDC in the 1st quarter valued at about $1,304,000. Finally, Cetera Advisors LLC boosted its position in shares of Goldman Sachs BDC by 762.7% during the 1st quarter.
Cetera Advisors LLC now owns 136,015 shares of the financial services provider’s stock valued at $2,038,000 after purchasing an additional 120,249 shares in the last quarter. Institutional investors own 28.72% of the company’s stock.
Goldman Sachs BDC Price Performance Shares of NYSE:GSBD opened at $14.28 on Monday. Goldman Sachs BDC, Inc.
has a twelve month low of $13.39 and a twelve month high of $15.94.
The stock’s 50 day moving average is $14.51 and its 200-day moving average is $15.03.
The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.
22. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 7.
44 and a beta of 1.07. Goldman Sachs BDC Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Monday, October 28th.
Investors of record on Monday, September 30th will be given a $0.45 dividend. The ex-dividend date is Monday, September 30th.
This represents a $1.80 annualized dividend and a yield of 12.61%.
Goldman Sachs BDC’s payout ratio is 93.75%. Analyst Upgrades and Downgrades Several equities analysts have issued reports on the company.
StockNews.com lowered Goldman Sachs BDC from a “buy” rating to a “hold” rating in a research note on Monday, May 20th. Wells Fargo & Company raised shares of Goldman Sachs BDC from an “underweight” rating to an “equal weight” rating and cut their target price for the stock from $14.
00 to $12.00 in a research note on Monday, August 12th. Finally, Truist Financial dropped their price objective on shares of Goldman Sachs BDC from $16.
00 to $14.00 and set a “hold” rating on the stock in a report on Monday, August 12th. Check Out Our Latest Stock Report on GSBD Goldman Sachs BDC Profile ( Free Report ) 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. Featured Stories Receive News & Ratings for Goldman Sachs BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs BDC and related companies with MarketBeat.com's FREE daily email newsletter .
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