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

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

Institutional Investors Weigh In On Goldman Sachs BDC

Large investors have recently made changes to their positions in the business. Strategic Wealth Partners Ltd. grew its holdings in Goldman Sachs BDC by 6.3% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 16,985 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 1,000 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Goldman Sachs BDC by 11.1% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 11,500 shares of the financial services provider’s stock valued at $178,000 after purchasing an additional 1,146 shares in the last quarter. SeaCrest Wealth Management LLC grew its holdings in Goldman Sachs BDC by 4.6% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 27,216 shares of the financial services provider’s stock valued at $409,000 after purchasing an additional 1,200 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in Goldman Sachs BDC by 149.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 1,275 shares in the last quarter. Finally, Centaurus Financial Inc. grew its holdings in Goldman Sachs BDC by 15.9% during the 2nd quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 1,316 shares in the last quarter. Institutional investors and hedge funds own 28.72% of the company’s stock.

Analyst Ratings Changes

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

Goldman Sachs BDC Stock Performance

Shares of 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 company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 18.27 and a beta of 1.06. The company’s 50 day simple moving average is $13.16 and its 200 day simple moving average is $14.15. Goldman Sachs BDC has a 1 year low of $12.67 and a 1 year high of $15.94.

Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings results on Thursday, November 7th. The financial services provider reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $110.41 million for the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $0.64 earnings per share. On average, sell-side analysts predict that Goldman Sachs BDC will post 2.19 EPS for the current year.

Goldman Sachs BDC Dividend Announcement

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

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.