Golub Capital BDC, Inc. (NASDAQ:GBDC) Given Average Rating of "Moderate Buy" by Analysts

Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Get Free Report) have received an average rating of "Moderate Buy" from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $16.40.

Several equities research analysts have issued reports on the stock. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Friday, November 29th. 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 for the company in a research note on Thursday, November 21st.

Institutional Trading of Golub Capital BDC

Large investors have recently made changes to their positions in the business. Hexagon Capital Partners LLC grew its stake in shares of Golub Capital BDC by 171.5% during the third quarter. Hexagon Capital Partners LLC now owns 2,145 shares of the investment management company's stock valued at $32,000 after purchasing an additional 1,355 shares during the last quarter. 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 last quarter. Quarry LP acquired a new stake in shares of Golub Capital BDC in the 2nd quarter valued at $61,000. Cary Street Partners Asset Management LLC bought a new stake in shares of Golub Capital BDC during the third quarter worth $151,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Golub Capital BDC during the third quarter worth $162,000. Institutional investors own 42.38% of the company's stock.

Golub Capital BDC Stock Performance

Shares of NASDAQ:GBDC traded up $0.07 during trading on Friday, hitting $15.40. 987,569 shares of the stock were exchanged, compared to its average volume of 1,096,528. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 10.92 and a beta of 0.53. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73. Golub Capital BDC has a 1-year low of $14.05 and a 1-year high of $17.72. The company's fifty day simple moving average is $15.25 and its 200-day simple moving average is $15.17.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.13%. The ex-dividend date of this dividend was Monday, December 9th. Golub Capital BDC's payout ratio is currently 110.64%.

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.