Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Sold by Texas Yale Capital Corp.

Texas Yale Capital Corp. decreased its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 70.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,334 shares of the financial services provider’s stock after selling 71,806 shares during the period. Texas Yale Capital Corp.’s holdings in Goldman Sachs BDC were worth $367,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Sage Rhino Capital LLC increased its stake in Goldman Sachs BDC by 23.9% during the 4th quarter. Sage Rhino Capital LLC now owns 252,335 shares of the financial services provider’s stock valued at $3,053,000 after buying an additional 48,639 shares during the period. JPMorgan Chase & Co. increased its stake in Goldman Sachs BDC by 221.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider’s stock valued at $3,061,000 after buying an additional 153,316 shares during the period. Magnus Financial Group LLC acquired a new position in Goldman Sachs BDC during the 4th quarter valued at about $246,000. Stiles Financial Services Inc acquired a new position in Goldman Sachs BDC during the 4th quarter valued at about $383,000. Finally, Quadrant Private Wealth Management LLC increased its stake in Goldman Sachs BDC by 13.5% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 182,279 shares of the financial services provider’s stock valued at $2,288,000 after buying an additional 21,620 shares during the period. Institutional investors and hedge funds own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Performance

NYSE:GSBD opened at $10.54 on Thursday. Goldman Sachs BDC, Inc. has a twelve month low of $9.51 and a twelve month high of $15.94. 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 company has a 50-day moving average of $12.25 and a 200-day moving average of $12.73. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 15.06 and a beta of 0.87.

Goldman Sachs BDC Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be given a dividend of $0.16 per share. This is a positive change from Goldman Sachs BDC’s previous quarterly dividend of $0.05. The ex-dividend date is Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 6.07%. Goldman Sachs BDC’s dividend payout ratio (DPR) is 224.56%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note 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.