Goldman Sachs BDC, Inc. (NYSE:GSBD) Short Interest Update

Goldman Sachs BDC, Inc. (NYSE:GSBD) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,260,000 shares, a decline of 6.0% from the November 15th total of 1,340,000 shares. Based on an average trading volume of 727,900 shares, the short-interest ratio is presently 1.7 days.

Analyst Upgrades and Downgrades

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

Goldman Sachs BDC Trading Up 0.7 %

NYSE GSBD opened at $12.79 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market cap of $1.50 billion, a PE ratio of 18.27 and a beta of 1.06. Goldman Sachs BDC has a one year low of $12.67 and a one year high of $15.94. The firm’s fifty day moving average is $13.16 and its two-hundred day moving average is $14.15.

Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $110.41 million for the quarter, compared to analyst estimates 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 in the previous year, the business posted $0.64 earnings per share. Analysts expect that Goldman Sachs BDC will post 2.19 earnings per share for the current year.

Goldman Sachs BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, December 31st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 14.07%. Goldman Sachs BDC’s dividend payout ratio is presently 257.14%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GSBD. Strategic Wealth Partners Ltd. increased its stake in shares of Goldman Sachs BDC by 6.3% during the third quarter. Strategic Wealth Partners Ltd. now owns 16,985 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 1,000 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in shares of Goldman Sachs BDC by 11.1% during the second quarter. B. Riley Wealth Advisors Inc. now owns 11,500 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 1,146 shares during the period. SeaCrest Wealth Management LLC increased its stake in shares of Goldman Sachs BDC by 4.6% during the second quarter. SeaCrest Wealth Management LLC now owns 27,216 shares of the financial services provider’s stock worth $409,000 after acquiring an additional 1,200 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of Goldman Sachs BDC by 149.1% during the third 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 period. Finally, Centaurus Financial Inc. increased its stake in shares of Goldman Sachs BDC by 15.9% during the second quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider’s stock worth $144,000 after acquiring an additional 1,316 shares during the period. 28.72% of the stock is currently owned by institutional investors and hedge funds.

About Goldman Sachs BDC

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.