32,980 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Acquired by Accurate Wealth Management LLC

Accurate Wealth Management LLC bought a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,980 shares of the investment management company's stock, valued at approximately $491,000.

Other hedge funds have also added to or reduced their stakes in the company. Nicholas Hoffman & Company LLC. boosted its holdings in shares of Golub Capital BDC by 1.8% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company's stock valued at $582,000 after buying an additional 664 shares during the last quarter. Neville Rodie & Shaw Inc. raised its position in Golub Capital BDC by 1.3% during the third quarter. Neville Rodie & Shaw Inc. now owns 54,557 shares of the investment management company's stock worth $824,000 after acquiring an additional 715 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in 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 valued at $1,101,000 after acquiring an additional 769 shares during the last quarter. Moors & Cabot Inc. grew its position in shares of Golub Capital BDC by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company's stock valued at $576,000 after acquiring an additional 875 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Golub Capital BDC by 3.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,382 shares of the investment management company's stock worth $556,000 after purchasing an additional 1,150 shares during the last quarter. Institutional investors own 42.38% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on GBDC shares. Wells Fargo & Company reduced their price target on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a report on Thursday, November 21st. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Golub Capital BDC currently has a consensus rating of "Moderate Buy" and an average price target of $16.40.

Golub Capital BDC Price Performance

NASDAQ:GBDC traded up $0.06 during trading hours on Thursday, reaching $15.31. 699,736 shares of the company were exchanged, compared to its average volume of 1,124,413. The company has a market capitalization of $4.04 billion, a P/E ratio of 10.85 and a beta of 0.53. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.73 and a quick ratio of 4.73. The business has a 50 day moving average of $15.25 and a 200 day moving average of $15.18. Golub Capital BDC, Inc. has a 1-year low of $14.05 and a 1-year high of $17.72.

Golub Capital BDC Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 9th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.19%. The ex-dividend date was Monday, December 9th. Golub Capital BDC's payout ratio is currently 110.64%.

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.