Redhawk Wealth Advisors Inc. Has $532,000 Stock Holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Redhawk Wealth Advisors Inc. boosted its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 12.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 43,960 shares of the financial services provider’s stock after acquiring an additional 4,860 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Goldman Sachs BDC were worth $532,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Adams Asset Advisors LLC lifted its stake in shares of Goldman Sachs BDC by 41.0% in the 4th quarter. Adams Asset Advisors LLC now owns 262,334 shares of the financial services provider’s stock valued at $3,174,000 after acquiring an additional 76,257 shares during the last quarter. Capital Market Strategies LLC increased its holdings in Goldman Sachs BDC by 18.9% in the 4th quarter. Capital Market Strategies LLC now owns 137,993 shares of the financial services provider’s stock worth $1,670,000 after purchasing an additional 21,968 shares in the last quarter. Versant Capital Management Inc raised its position in Goldman Sachs BDC by 143.4% in the fourth quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider’s stock valued at $161,000 after purchasing an additional 7,854 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Goldman Sachs BDC by 221.7% during the third quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider’s stock valued at $3,061,000 after purchasing an additional 153,316 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Goldman Sachs BDC during the third quarter worth about $1,101,000. Institutional investors and hedge funds own 28.72% of the company’s stock.

Wall Street Analyst Weigh In

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

Goldman Sachs BDC Stock Performance

Shares of Goldman Sachs BDC stock opened at $12.40 on Friday. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 17.71 and a beta of 1.06. Goldman Sachs BDC, Inc. has a twelve month low of $11.72 and a twelve month high of $15.94. The company’s fifty day moving average is $12.67 and its 200 day moving average is $13.69. 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 released its quarterly earnings results 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. 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 quarter in the previous year, the company posted $0.64 EPS. Sell-side analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current year.

Goldman Sachs BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 14.52%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio is presently 257.15%.

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.