5T Wealth LLC Invests $365,000 in Golub Capital BDC, Inc. (NASDAQ:GBDC)

5T Wealth LLC purchased a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 24,067 shares of the investment management company's stock, valued at approximately $365,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nicholas Hoffman & Company LLC. increased its holdings in shares of Golub Capital BDC by 1.8% in the third quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company's stock worth $582,000 after purchasing an additional 664 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of Golub Capital BDC by 1.1% in the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company's stock worth $1,101,000 after purchasing an additional 769 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of Golub Capital BDC by 2.3% in the third quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company's stock worth $576,000 after purchasing an additional 875 shares during the last quarter. Mattern Wealth Management LLC increased its holdings in shares of Golub Capital BDC by 7.7% in the fourth quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company's stock worth $212,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Golub Capital BDC by 135.6% in the third quarter. Allworth Financial LP now owns 2,340 shares of the investment management company's stock worth $35,000 after purchasing an additional 1,347 shares during the last quarter. 42.38% of the stock is owned by institutional investors.

Golub Capital BDC Trading Down 0.1 %

Shares of NASDAQ:GBDC traded down $0.02 during trading hours on Thursday, hitting $15.90. 2,106,689 shares of the company's stock traded hands, compared to its average volume of 1,389,194. Golub Capital BDC, Inc. has a 1 year low of $14.05 and a 1 year high of $17.72. The business has a fifty day moving average price of $15.39 and a 200-day moving average price of $15.19. The firm has a market capitalization of $4.22 billion, a P/E ratio of 11.52 and a beta of 0.54. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last announced its earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. Equities analysts expect that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be issued a $0.39 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.81%. Golub Capital BDC's payout ratio is 113.04%.

Analysts Set New Price Targets

GBDC has been the topic of several research reports. StockNews.com cut Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Wells Fargo & Company reduced their target price on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating on the stock in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $16.38.

About Golub Capital BDC

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.