Oxford Asset Management LLP Takes Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Oxford Asset Management LLP bought a new stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 31,459 shares of the financial services provider’s stock, valued at approximately $381,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vision Financial Markets LLC bought a new position in shares of Goldman Sachs BDC during the 4th quarter worth about $27,000. Tower Research Capital LLC TRC lifted its holdings in shares of Goldman Sachs BDC by 211.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,074 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 2,086 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its position in Goldman Sachs BDC by 81.1% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,858 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 1,728 shares during the period. Transce3nd LLC acquired a new stake in Goldman Sachs BDC in the 4th quarter valued at $105,000. Finally, Chicago Partners Investment Group LLC bought a new stake in Goldman Sachs BDC during the 4th quarter valued at $128,000. 28.72% of the stock is owned by institutional investors.

Goldman Sachs BDC Stock Up 1.7 %

Shares of NYSE:GSBD opened at $10.94 on Friday. The business’s 50 day moving average is $11.68 and its 200 day moving average is $12.45. Goldman Sachs BDC, Inc. has a 12-month low of $9.51 and a 12-month high of $15.94. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 15.63 and a beta of 0.87. 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 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be paid a $0.16 dividend. This is a positive change from Goldman Sachs BDC’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 5.85%. Goldman Sachs BDC’s dividend payout ratio is presently 224.56%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a report on Sunday, March 23rd.

About Goldman Sachs BDC

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.