Boston Partners Raises Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Boston Partners boosted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 39.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 936,035 shares of the investment management company's stock after purchasing an additional 264,947 shares during the quarter. Boston Partners owned about 0.35% of Golub Capital BDC worth $14,246,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GBDC. Atria Investments Inc lifted its stake in shares of Golub Capital BDC by 912.0% in the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company's stock worth $14,907,000 after buying an additional 886,123 shares in the last quarter. Sage Mountain Advisors LLC raised its holdings in Golub Capital BDC by 38.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company's stock worth $38,043,000 after acquiring an additional 701,594 shares during the last quarter. Partners Group Holding AG lifted its position 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 acquiring an additional 648,855 shares in the last quarter. Northeast Financial Consultants Inc boosted its stake in Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company's stock valued at $40,016,000 after purchasing an additional 544,126 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of Golub Capital BDC by 13.4% in the 4th quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company's stock worth $68,555,000 after purchasing an additional 533,895 shares in the last quarter. 42.38% of the stock is owned by hedge funds and other institutional investors.

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Golub Capital BDC Stock Performance

Golub Capital BDC stock traded up $0.14 during midday trading on Tuesday, reaching $15.32. 1,524,410 shares of the company traded hands, compared to its average volume of 1,305,694. 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, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 11.10 and a beta of 0.50. The business has a 50 day moving average of $15.40 and a two-hundred day moving average of $15.26.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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, research analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.18%. Golub Capital BDC's dividend payout ratio is currently 113.04%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Wednesday, March 19th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $16.38.

Golub Capital BDC Company 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.