BNP Paribas Financial Markets increased its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 517.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,043 shares of the investment management company's stock after acquiring an additional 72,117 shares during the period. BNP Paribas Financial Markets owned about 0.05% of Golub Capital BDC worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Partners Group Holding AG raised its holdings in Golub Capital BDC by 48.2% in the 3rd quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company's stock valued at $30,139,000 after buying an additional 648,855 shares during the last quarter. D.A. Davidson & CO. raised its stake in Golub Capital BDC by 12.6% during the 3rd quarter. D.A. Davidson & CO. now owns 251,132 shares of the investment management company's stock worth $3,795,000 after buying an additional 28,031 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Golub Capital BDC by 70.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 60,162 shares of the investment management company's stock worth $909,000 after purchasing an additional 24,780 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of Golub Capital BDC in the 3rd quarter worth about $3,486,000. Finally, Truvestments Capital LLC lifted its holdings in shares of Golub Capital BDC by 3.7% in the third quarter. Truvestments Capital LLC now owns 158,984 shares of the investment management company's stock valued at $2,402,000 after purchasing an additional 5,697 shares in the last quarter. 42.38% of the stock is owned by institutional investors.
Analyst Ratings Changes
GBDC has been the topic of a number of research analyst reports. Wells Fargo & Company cut their price target on shares of 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. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Friday, November 29th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $16.40.
Check Out Our Latest Report on Golub Capital BDC
Golub Capital BDC Stock Down 0.5 %
Golub Capital BDC stock traded down $0.07 on Tuesday, hitting $15.07. 1,465,317 shares of the stock traded hands, compared to its average volume of 1,176,780. The company has a current ratio of 4.73, a quick ratio of 4.73 and a debt-to-equity ratio of 1.15. The business's fifty day simple moving average is $15.32 and its 200 day simple moving average is $15.33. The firm has a market cap of $3.98 billion, a P/E ratio of 10.69 and a beta of 0.54. Golub Capital BDC, Inc. has a 1 year low of $14.05 and a 1 year high of $17.72.
Golub Capital BDC Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 9th will be paid a $0.39 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.35%. Golub Capital BDC's dividend payout ratio is currently 110.64%.
Golub Capital BDC Company Profile
(
Free Report)
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.
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