Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 20.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,695 shares of the financial services provider’s stock after selling 7,034 shares during the period. Sanctuary Advisors LLC’s holdings in Goldman Sachs BDC were worth $340,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. lifted its holdings in shares of Goldman Sachs BDC by 56.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 59,988 shares of the financial services provider’s stock valued at $726,000 after purchasing an additional 21,746 shares in the last quarter. Quadrant Private Wealth Management LLC grew its holdings in Goldman Sachs BDC by 13.5% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 182,279 shares of the financial services provider’s stock valued at $2,288,000 after purchasing an additional 21,620 shares during the period. Arcus Capital Partners LLC increased its position in Goldman Sachs BDC by 0.7% during the fourth quarter. Arcus Capital Partners LLC now owns 401,369 shares of the financial services provider’s stock worth $4,857,000 after purchasing an additional 2,958 shares during the last quarter. Investment Partners Asset Management Inc. raised its stake in Goldman Sachs BDC by 11.8% during the fourth quarter. Investment Partners Asset Management Inc. now owns 114,691 shares of the financial services provider’s stock worth $1,388,000 after purchasing an additional 12,081 shares during the period. Finally, Van ECK Associates Corp boosted its holdings in shares of Goldman Sachs BDC by 1.0% in the 4th quarter. Van ECK Associates Corp now owns 2,732,785 shares of the financial services provider’s stock valued at $33,066,000 after purchasing an additional 25,888 shares during the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs BDC Stock Down 2.1 %

Shares of NYSE GSBD opened at $12.77 on Tuesday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $1.50 billion, a PE ratio of 18.24 and a beta of 1.06. The firm has a fifty day moving average of $12.63 and a 200-day moving average of $13.20. Goldman Sachs BDC, Inc. has a 52-week low of $11.72 and a 52-week high of $15.94.

Goldman Sachs BDC Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.16 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Goldman Sachs BDC’s previous quarterly dividend of $0.05. This represents a $0.64 annualized dividend and a yield of 5.01%. Goldman Sachs BDC’s dividend payout ratio is currently 315.79%.

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.