Dynasty Wealth Management LLC purchased a new stake in Golub Capital BDC Inc (NASDAQ:GBDC) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 14,700 shares of the investment management company’s stock, valued at approximately $268,000.
Several other institutional investors have also recently bought and sold shares of GBDC. Macquarie Group Ltd. purchased a new stake in shares of Golub Capital BDC in the 3rd quarter valued at approximately $102,000. San Francisco Sentry Investment Group CA purchased a new stake in shares of Golub Capital BDC in the 3rd quarter valued at approximately $134,000. Global X MANAGEMENT CO LLC grew its stake in shares of Golub Capital BDC by 48.4% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 9,981 shares of the investment management company’s stock valued at $188,000 after buying an additional 3,253 shares during the period. Parametric Portfolio Associates LLC grew its stake in shares of Golub Capital BDC by 1.3% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 48,591 shares of the investment management company’s stock valued at $220,000 after buying an additional 631 shares during the period. Finally, Nationwide Fund Advisors purchased a new stake in shares of Golub Capital BDC in the 3rd quarter valued at approximately $225,000. 38.66% of the stock is owned by institutional investors and hedge funds.
A number of research firms recently weighed in on GBDC. ValuEngine cut shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. National Securities raised shares of Golub Capital BDC from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $19.00 to $21.00 in a research report on Monday, February 12th. BidaskClub raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Finally, Zacks Investment Research cut shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $20.38.
Golub Capital BDC Inc (NASDAQ GBDC) opened at $18.04 on Tuesday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.86. The firm has a market cap of $1,070.56, a P/E ratio of 13.68, a P/E/G ratio of 1.41 and a beta of 0.64. Golub Capital BDC Inc has a 1 year low of $17.35 and a 1 year high of $20.50.
Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings data on Wednesday, February 7th. The investment management company reported $0.32 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.32. The firm had revenue of $36.45 million during the quarter, compared to analysts’ expectations of $35.22 million. Golub Capital BDC had a net margin of 58.64% and a return on equity of 7.94%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. analysts expect that Golub Capital BDC Inc will post 1.27 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 8th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, March 7th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.10%. Golub Capital BDC’s payout ratio is currently 89.51%.
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Golub Capital BDC Company Profile
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.
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