Golub Capital BDC, Inc. (GBDC) Position Increased by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. raised its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 12.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,900 shares of the investment management company’s stock after buying an additional 1,900 shares during the period. Mraz Amerine & Associates Inc.’s holdings in Golub Capital BDC were worth $323,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Massey Quick & Co. LLC increased its stake in shares of Golub Capital BDC by 2.5% in the first quarter. Massey Quick & Co. LLC now owns 15,275 shares of the investment management company’s stock worth $304,000 after buying an additional 375 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Golub Capital BDC by 1.2% in the first quarter. Parametric Portfolio Associates LLC now owns 47,960 shares of the investment management company’s stock worth $953,000 after buying an additional 553 shares during the last quarter. Pekin Singer Strauss Asset Management IL increased its stake in shares of Golub Capital BDC by 3.6% in the first quarter. Pekin Singer Strauss Asset Management IL now owns 22,499 shares of the investment management company’s stock worth $447,000 after buying an additional 791 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Golub Capital BDC by 3.3% in the second quarter. Russell Investments Group Ltd. now owns 29,650 shares of the investment management company’s stock worth $567,000 after buying an additional 960 shares during the last quarter. Finally, Global X Management Co. LLC increased its stake in shares of Golub Capital BDC by 50.4% in the first quarter. Global X Management Co. LLC now owns 6,728 shares of the investment management company’s stock worth $134,000 after buying an additional 2,254 shares during the last quarter. 45.36% of the stock is owned by hedge funds and other institutional investors.

Golub Capital BDC, Inc. (NASDAQ:GBDC) traded down 0.05% on Friday, hitting $19.04. 112,172 shares of the company’s stock traded hands. Golub Capital BDC, Inc. has a one year low of $17.34 and a one year high of $20.50. The stock has a 50-day moving average of $19.38 and a 200-day moving average of $19.51.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Monday, August 7th. The investment management company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. The firm had revenue of $35.40 million for the quarter, compared to analyst estimates of $35.11 million. Golub Capital BDC had a net margin of 53.62% and a return on equity of 7.86%. Golub Capital BDC’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 earnings per share. Equities analysts predict that Golub Capital BDC, Inc. will post $1.25 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 6th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, September 1st. This represents a $1.28 dividend on an annualized basis and a yield of 6.72%. Golub Capital BDC’s payout ratio is presently 96.24%.

A number of brokerages have recently issued reports on GBDC. BidaskClub raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $19.50 price objective on shares of Golub Capital BDC in a research report on Tuesday, July 25th. National Securities reissued a “neutral” rating and set a $19.00 price objective on shares of Golub Capital BDC in a research report on Wednesday. Zacks Investment Research downgraded shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Golub Capital BDC in a report on Wednesday, May 10th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $19.60.

About Golub Capital BDC

Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.