Country Club Bank Takes Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Country Club Bank acquired a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,083 shares of the investment management company's stock, valued at approximately $334,000.

Other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Golub Capital BDC in the 4th quarter valued at about $211,000. Penbrook Management LLC purchased a new position in Golub Capital BDC in the 4th quarter valued at approximately $434,000. Mattern Wealth Management LLC raised its holdings in Golub Capital BDC by 7.7% during the fourth quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company's stock worth $212,000 after purchasing an additional 1,000 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new stake in Golub Capital BDC during the fourth quarter worth $605,000. Finally, Blue Trust Inc. grew its holdings in Golub Capital BDC by 413.1% in the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock valued at $36,000 after purchasing an additional 1,921 shares during the last quarter. 42.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GBDC. Wells Fargo & Company cut their price target on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a research note on Thursday, November 21st. StockNews.com upgraded shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Friday, November 29th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.38.

Golub Capital BDC Price Performance

GBDC stock traded up $0.12 during trading on Friday, hitting $15.55. The stock had a trading volume of 1,176,321 shares, compared to its average volume of 1,383,114. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 11.27 and a beta of 0.54. The company has a debt-to-equity ratio of 1.22, a quick ratio of 4.73 and a current ratio of 2.94. The company's 50 day moving average price is $15.29 and its two-hundred day moving average price is $15.16. Golub Capital BDC, Inc. has a 1-year low of $14.05 and a 1-year high of $17.72.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. On average, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.62 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 10.03%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC's dividend payout ratio (DPR) is 113.04%.

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.