Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lifted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 149.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,130 shares of the financial services provider’s stock after acquiring an additional 1,275 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Goldman Sachs BDC were worth $29,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its stake in shares of Goldman Sachs BDC by 4,607.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 1,981 shares during the last quarter. WFA Asset Management Corp purchased a new position in shares of Goldman Sachs BDC during the 3rd quarter worth about $33,000. Rothschild Investment LLC purchased a new stake in Goldman Sachs BDC in the second quarter valued at approximately $113,000. Zions Bancorporation N.A. acquired a new position in Goldman Sachs BDC during the second quarter worth approximately $128,000. Finally, Principal Street Partners LLC purchased a new position in Goldman Sachs BDC during the third quarter worth approximately $141,000. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Trading Up 0.3 %

Shares of GSBD opened at $12.87 on Monday. Goldman Sachs BDC, Inc. has a 12 month low of $12.67 and a 12 month high of $15.94. The stock’s 50-day moving average is $13.18 and its two-hundred day moving average is $14.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market cap of $1.51 billion, a PE ratio of 18.39 and a beta of 1.06.

Goldman Sachs BDC (NYSE:GSBD) last released its quarterly 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 return on equity of 15.72% and a net margin of 17.01%. The firm had revenue of $110.41 million for the quarter, compared to analyst estimates of $112.43 million. During the same period in the previous year, the company posted $0.64 EPS. Equities analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal 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 paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 13.99%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio (DPR) is currently 257.14%.

Wall Street Analysts Forecast Growth

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 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.