Denali Advisors LLC Reduces Stake in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Denali Advisors LLC decreased its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 17.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 152,277 shares of the financial services provider’s stock after selling 31,373 shares during the quarter. Denali Advisors LLC owned approximately 0.13% of Goldman Sachs BDC worth $1,843,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its holdings in Goldman Sachs BDC by 4,607.0% during the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 1,981 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Goldman Sachs BDC by 149.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 1,275 shares in the last quarter. WFA Asset Management Corp purchased a new stake in Goldman Sachs BDC in the third quarter valued at $33,000. Principal Street Partners LLC acquired a new position in Goldman Sachs BDC in the third quarter valued at $141,000. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of Goldman Sachs BDC during the fourth quarter worth about $128,000. 28.72% of the stock is owned by institutional investors and hedge funds.

Goldman Sachs BDC Stock Down 1.3 %

Goldman Sachs BDC stock opened at $12.97 on Thursday. The company has a market capitalization of $1.52 billion, a P/E ratio of 18.52 and a beta of 1.06. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. Goldman Sachs BDC, Inc. has a fifty-two week low of $11.72 and a fifty-two week high of $15.94. The stock has a 50-day simple moving average of $12.63 and a 200-day simple moving average of $13.22.

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.