Advisor OS LLC Trims Stock Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Advisor OS LLC lessened its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 31.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 188,803 shares of the investment management company's stock after selling 86,087 shares during the period. Advisor OS LLC owned about 0.07% of Golub Capital BDC worth $2,862,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in GBDC. Allworth Financial LP boosted its position in Golub Capital BDC by 135.6% in the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company's stock valued at $35,000 after buying an additional 1,347 shares during the period. Blue Trust Inc. boosted its position in Golub Capital BDC by 413.1% in the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock valued at $36,000 after buying an additional 1,921 shares during the period. Cary Street Partners Asset Management LLC purchased a new position in Golub Capital BDC in the 3rd quarter valued at approximately $151,000. Cornerstone Wealth Management LLC purchased a new position in Golub Capital BDC in the 4th quarter valued at approximately $160,000. Finally, Oppenheimer & Co. Inc. purchased a new position in Golub Capital BDC in the 3rd quarter valued at approximately $162,000. Institutional investors and hedge funds own 42.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. StockNews.com cut shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday, February 13th. Wells Fargo & Company decreased their price target on shares of Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $16.38.

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Golub Capital BDC Stock Up 0.9 %

Shares of Golub Capital BDC stock traded up $0.14 during trading on Friday, hitting $15.67. 2,068,661 shares of the stock were exchanged, compared to its average volume of 1,413,247. The stock has a market cap of $4.16 billion, a price-to-earnings ratio of 11.36 and a beta of 0.54. The firm's 50-day moving average price is $15.46 and its 200 day moving average price is $15.23. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72. 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 released its quarterly earnings data 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 return on equity of 11.18% and a net margin of 39.63%. As a group, analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be given a $0.39 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 9.96%. Golub Capital BDC's dividend payout ratio (DPR) is presently 113.04%.

Golub Capital BDC Profile

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.