Stiles Financial Services Inc Buys Shares of 31,677 Goldman Sachs BDC, Inc. (NYSE:GSBD)

Stiles Financial Services Inc bought a new position in Goldman Sachs BDC, Inc. (NYSE:GSBD) in the 4th quarter, HoldingsChannel reports. The fund bought 31,677 shares of the financial services provider’s stock, valued at approximately $383,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. International Assets Investment Management LLC lifted its stake in Goldman Sachs BDC by 2,121.3% in the 3rd quarter. International Assets Investment Management LLC now owns 329,200 shares of the financial services provider’s stock worth $45,300,000 after acquiring an additional 314,380 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of Goldman Sachs BDC by 10.4% in the 3rd quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider’s stock valued at $36,408,000 after purchasing an additional 255,458 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Goldman Sachs BDC by 221.7% in the third quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider’s stock worth $3,061,000 after purchasing an additional 153,316 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Goldman Sachs BDC during the third quarter worth approximately $1,101,000. Finally, Adams Asset Advisors LLC grew its position in Goldman Sachs BDC by 41.0% during the fourth quarter. Adams Asset Advisors LLC now owns 262,334 shares of the financial services provider’s stock valued at $3,174,000 after purchasing an additional 76,257 shares in the last quarter. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Down 2.0 %

Goldman Sachs BDC stock opened at $12.62 on Monday. Goldman Sachs BDC, Inc. has a twelve month low of $11.72 and a twelve month high of $15.94. 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 $1.48 billion, a PE ratio of 18.02 and a beta of 1.06. The firm’s 50 day moving average price is $12.59 and its two-hundred day moving average price is $13.36.

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 business 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 period in the prior year, the business posted $0.64 earnings per share. On average, research analysts predict that Goldman Sachs BDC, Inc. will post 2.19 EPS for the current fiscal year.

Goldman Sachs BDC 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.