Harvest Capital Management Inc reduced its stake in Goldman Sachs BDC Inc (NYSE:GSBD) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,625 shares of the financial services provider’s stock after selling 6,263 shares during the quarter. Goldman Sachs BDC accounts for 1.0% of Harvest Capital Management Inc’s portfolio, making the stock its 21st largest position. Harvest Capital Management Inc owned approximately 0.38% of Goldman Sachs BDC worth $2,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Creative Planning bought a new stake in Goldman Sachs BDC during the 3rd quarter worth about $210,000. Northern Oak Wealth Management Inc. lifted its position in Goldman Sachs BDC by 80.4% during the 3rd quarter. Northern Oak Wealth Management Inc. now owns 10,100 shares of the financial services provider’s stock worth $224,000 after buying an additional 4,500 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Goldman Sachs BDC during the 3rd quarter worth about $272,000. MML Investors Services LLC lifted its position in Goldman Sachs BDC by 28.6% during the 3rd quarter. MML Investors Services LLC now owns 13,535 shares of the financial services provider’s stock worth $300,000 after buying an additional 3,014 shares in the last quarter. Finally, Regal Investment Advisors LLC raised its holdings in shares of Goldman Sachs BDC by 57.6% in the 4th quarter. Regal Investment Advisors LLC now owns 17,650 shares of the financial services provider’s stock valued at $324,000 after purchasing an additional 6,450 shares during the period. 34.05% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on GSBD. Wells Fargo & Co reaffirmed a “buy” rating on shares of Goldman Sachs BDC in a report on Wednesday, January 16th. TheStreet lowered shares of Goldman Sachs BDC from a “b-” rating to a “c+” rating in a research note on Thursday, January 3rd. National Securities reiterated a “buy” rating and issued a $23.00 price target on shares of Goldman Sachs BDC in a research note on Monday, November 5th. Finally, Goldman Sachs Group upped their price target on shares of Goldman Sachs BDC and gave the company an “outperform” rating in a research note on Monday, November 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $22.96.

Shares of NYSE:GSBD opened at $20.67 on Tuesday. Goldman Sachs BDC Inc has a 12-month low of $17.73 and a 12-month high of $22.75. The company has a market cap of $831.51 million, a price-to-earnings ratio of 9.99, a price-to-earnings-growth ratio of 10.22 and a beta of 0.97. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.79.

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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.

Further Reading: Mutual Funds

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Institutional Ownership by Quarter for Goldman Sachs BDC (NYSE:GSBD)

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