Shares of Goldman Sachs BDC Inc (NYSE:GSBD) have earned a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $25.00.

Several brokerages have recently issued reports on GSBD. Zacks Investment Research upgraded Goldman Sachs BDC from a “strong sell” rating to a “hold” rating in a research note on Tuesday. TheStreet upgraded Goldman Sachs BDC from a “c” rating to a “b-” rating in a research note on Thursday, December 21st. National Securities reiterated a “neutral” rating and issued a $22.00 price objective on shares of Goldman Sachs BDC in a research note on Monday, November 6th. Finally, BidaskClub cut Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research note on Saturday, October 28th.

Goldman Sachs BDC (NYSE:GSBD) opened at $21.91 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $867.22 and a PE ratio of -99.59. Goldman Sachs BDC has a 52 week low of $21.00 and a 52 week high of $25.60.

Goldman Sachs BDC (NYSE:GSBD) last announced its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $34.40 million during the quarter, compared to analysts’ expectations of $33.56 million. Goldman Sachs BDC had a return on equity of 11.34% and a net margin of 32.19%. The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 EPS. sell-side analysts expect that Goldman Sachs BDC will post 2.07 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 8.22%. The ex-dividend date is Thursday, December 28th. Goldman Sachs BDC’s payout ratio is -818.18%.

In other Goldman Sachs BDC news, Director Jaime Ardila bought 8,108 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of $21.84 per share, for a total transaction of $177,078.72. Following the completion of the purchase, the director now directly owns 12,791 shares in the company, valued at $279,355.44. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.32% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the stock. Confluence Investment Management LLC increased its position in Goldman Sachs BDC by 14.6% during the fourth quarter. Confluence Investment Management LLC now owns 172,574 shares of the financial services provider’s stock worth $3,828,000 after buying an additional 22,046 shares during the period. Shelton Capital Management acquired a new position in Goldman Sachs BDC during the third quarter worth approximately $502,000. Barnett & Company Inc. increased its position in Goldman Sachs BDC by 3.0% during the third quarter. Barnett & Company Inc. now owns 143,600 shares of the financial services provider’s stock worth $3,277,000 after buying an additional 4,200 shares during the period. Private Advisor Group LLC increased its position in Goldman Sachs BDC by 100.4% during the third quarter. Private Advisor Group LLC now owns 222,748 shares of the financial services provider’s stock worth $5,007,000 after buying an additional 111,573 shares during the period. Finally, Pinebridge Investments L.P. increased its position in Goldman Sachs BDC by 40.4% during the third quarter. Pinebridge Investments L.P. now owns 13,968 shares of the financial services provider’s stock worth $318,000 after buying an additional 4,022 shares during the period. Hedge funds and other institutional investors own 36.49% of the company’s stock.

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About Goldman Sachs BDC

Goldman Sachs BDC, Inc is a closed-end management investment company. The Company is a specialty finance company, which is focused on lending to middle-market companies. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, including first lien, unitranche, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments.

Analyst Recommendations for Goldman Sachs BDC (NYSE:GSBD)

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