Stratos Wealth Partners LTD. Increases Holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Stratos Wealth Partners LTD. lifted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 17.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 263,931 shares of the financial services provider’s stock after purchasing an additional 39,993 shares during the quarter. Stratos Wealth Partners LTD. owned 0.23% of Goldman Sachs BDC worth $3,194,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Van ECK Associates Corp grew its position in shares of Goldman Sachs BDC by 10.4% during 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 in the last quarter. Shikiar Asset Management Inc. grew its position in Goldman Sachs BDC by 6.7% during the fourth quarter. Shikiar Asset Management Inc. now owns 450,090 shares of the financial services provider’s stock worth $5,446,000 after buying an additional 28,100 shares in the last quarter. International Assets Investment Management LLC increased 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 during the last quarter. HighTower Advisors LLC increased its stake in Goldman Sachs BDC by 9.0% in the 3rd quarter. HighTower Advisors LLC now owns 315,949 shares of the financial services provider’s stock worth $4,347,000 after acquiring an additional 26,134 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of Goldman Sachs BDC by 17.1% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 309,474 shares of the financial services provider’s stock valued at $4,258,000 after acquiring an additional 45,276 shares in the last quarter. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Down 0.6 %

Shares of NYSE GSBD opened at $12.87 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. The business has a 50-day moving average of $12.60 and a 200-day moving average of $13.40. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 18.38 and a beta of 1.06. Goldman Sachs BDC, Inc. has a 12 month low of $11.72 and a 12 month high of $15.94.

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 analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $110.41 million during the quarter, compared to analysts’ expectations 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 in the previous year, the company earned $0.64 EPS. Sell-side analysts expect that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current fiscal year.

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.