Goldman Sachs BDC Inc (NASDAQ:GSBD) major shareholder Goldman Sachs Group Inc acquired 20,439 shares of the firm’s stock in a transaction that occurred on Monday, January 25th. The stock was purchased at an average price of $18.55 per share, with a total value of $379,143.45. Following the completion of the acquisition, the insider now directly owns 5,831,299 shares of the company’s stock, valued at $108,170,596.45. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Goldman Sachs Group Inc also recently made the following trade(s):

  • On Thursday, January 21st, Goldman Sachs Group Inc acquired 27,699 shares of Goldman Sachs BDC stock. The stock was purchased at an average price of $17.51 per share, with a total value of $485,009.49.
  • On Tuesday, January 19th, Goldman Sachs Group Inc bought 21,685 shares of Goldman Sachs BDC stock. The stock was purchased at an average price of $18.60 per share, with a total value of $403,341.00.
  • On Thursday, January 14th, Goldman Sachs Group Inc bought 22,350 shares of Goldman Sachs BDC stock. The stock was purchased at an average price of $19.21 per share, with a total value of $429,343.50.
  • On Tuesday, January 12th, Goldman Sachs Group Inc bought 23,509 shares of Goldman Sachs BDC stock. The stock was purchased at an average price of $19.27 per share, with a total value of $453,018.43.

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 28th. Shareholders of record on Thursday, December 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.76%. The ex-dividend date of this dividend is Tuesday, December 29th.

Goldman Sachs BDC Inc (NASDAQ:GSBD) opened at 18.45 on Wednesday. The firm has a 50-day moving average of $19.21 and a 200-day moving average of $20.92. Goldman Sachs BDC Inc has a one year low of $16.66 and a one year high of $25.42.

Goldman Sachs BDC (NASDAQ:GSBD) last issued its earnings results on Thursday, November 5th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.09. The company earned $32.90 million during the quarter, compared to analyst estimates of $28.87 million. The firm’s revenue was up 72.3% on a year-over-year basis. On average, analysts expect that Goldman Sachs BDC Inc will post $2.04 EPS for the current fiscal year.

Other hedge funds recently modified their holdings of the company. Quantitative Systematic Strategies bought a new stake in shares of Goldman Sachs BDC during the fourth quarter worth about $250,000. CIBC World Markets bought a new stake in shares of Goldman Sachs BDC during the fourth quarter worth about $292,000. Finally, Muzinich & Company increased its stake in shares of Goldman Sachs BDC by 5.1% in the fourth quarter. Muzinich & Company now owns 336,619 shares of the company’s stock worth $6,396,000 after buying an additional 16,374 shares during the period.

A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Goldman Sachs BDC from a “buy” rating to a “hold” rating in a report on Thursday, October 22nd. assumed coverage on shares of Goldman Sachs BDC in a report on Tuesday, October 13th. They issued a “buy” rating and a $23.00 target price for the company. SunTrust upgraded shares of Goldman Sachs BDC from a “neutral” rating to a “buy” rating in a report on Tuesday, November 10th. Finally, Credit Suisse reduced their target price on shares of Goldman Sachs BDC from $21.00 to $19.50 and set a “neutral” rating for the company in a report on Wednesday, January 6th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $22.38.

Goldman Sachs BDC, Inc. is a non-diversified, closed-end management investment company. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of 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. The Company invests primarily in the United States middle-market companies. As of December 31, 2014, its portfolio was invested across 23 different industries. The Company invests in a number of industries, including telecommunication services, electronic equipment, instruments and components, and real estate management and development. Goldman Sachs Asset Management, L.P. (NASDAQ:GSBD) is an investment adviser of the Company, which provides it with investment advisory and management services and certain administrative services.

12 Month Chart for NASDAQ:GSBD

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