Versant Capital Management Inc Buys 7,854 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Versant Capital Management Inc grew its position in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 143.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,331 shares of the financial services provider’s stock after buying an additional 7,854 shares during the period. Versant Capital Management Inc’s holdings in Goldman Sachs BDC were worth $161,000 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 grew its stake 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 valued at $28,000 after acquiring an additional 1,981 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Goldman Sachs BDC by 149.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 1,275 shares during the last quarter. WFA Asset Management Corp purchased a new stake in Goldman Sachs BDC during the third quarter valued at about $33,000. Zions Bancorporation N.A. bought a new position in Goldman Sachs BDC during the 2nd quarter worth approximately $128,000. Finally, Centaurus Financial Inc. increased its stake 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 worth $144,000 after buying an additional 1,316 shares during the period. Institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Price Performance

Shares of Goldman Sachs BDC stock opened at $12.21 on Friday. The business has a 50 day moving average of $12.88 and a 200 day moving average of $13.90. Goldman Sachs BDC, Inc. has a 52 week low of $11.87 and a 52 week high of $15.94. The company has a market cap of $1.43 billion, a PE ratio of 17.44 and a beta of 1.06. 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 posted its earnings results on Thursday, November 7th. The financial services provider reported $0.58 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 during the quarter, compared to analysts’ expectations of $112.43 million. During the same period last year, the company posted $0.64 EPS. As a group, equities research analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current year.

Goldman Sachs BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 14.74%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 257.15%.

Analyst Upgrades and Downgrades

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

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.