Centric Wealth Management acquired a new position in Kayne Anderson BDC, Inc. (NYSE:KBDC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 71,270 shares of the company's stock, valued at approximately $1,179,000. Centric Wealth Management owned 0.10% of Kayne Anderson BDC as of its most recent SEC filing.
A number of other large investors have also modified their holdings of KBDC. Requisite Capital Management LLC acquired a new stake in shares of Kayne Anderson BDC in the fourth quarter valued at approximately $5,589,000. Corient Private Wealth LLC bought a new stake in Kayne Anderson BDC during the 4th quarter valued at $4,205,000. Sage Mountain Advisors LLC bought a new stake in Kayne Anderson BDC during the 4th quarter valued at $3,359,000. HB Wealth Management LLC acquired a new position in Kayne Anderson BDC during the 4th quarter worth $1,591,000. Finally, SlateStone Wealth LLC bought a new position in shares of Kayne Anderson BDC in the fourth quarter worth $927,000.
Kayne Anderson BDC Trading Down 3.6 %
Shares of NYSE KBDC traded down $0.58 during midday trading on Friday, reaching $15.74. 537,629 shares of the company traded hands, compared to its average volume of 83,016. The stock has a 50-day moving average price of $16.92 and a 200 day moving average price of $16.62. Kayne Anderson BDC, Inc. has a 52 week low of $15.56 and a 52 week high of $17.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.36 and a quick ratio of 1.36.
Kayne Anderson BDC (NYSE:KBDC - Get Free Report) last issued its quarterly earnings results on Monday, March 3rd. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.03). Kayne Anderson BDC had a return on equity of 12.65% and a net margin of 59.80%. The company had revenue of $56.34 million during the quarter, compared to analyst estimates of $53.01 million. As a group, sell-side analysts anticipate that Kayne Anderson BDC, Inc. will post 2.06 earnings per share for the current fiscal year.
Kayne Anderson BDC Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 10.17%. The ex-dividend date is Monday, March 31st.
Kayne Anderson BDC Profile
(
Free Report)
Kayne Anderson BDC Inc is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc is based in CHICAGO.
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