Eagle Bay Advisors LLC Has $2.78 Million Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Eagle Bay Advisors LLC lifted its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 82.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 183,602 shares of the investment management company's stock after acquiring an additional 82,787 shares during the period. Golub Capital BDC makes up about 1.8% of Eagle Bay Advisors LLC's holdings, making the stock its 9th largest holding. Eagle Bay Advisors LLC owned 0.07% of Golub Capital BDC worth $2,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Nicholas Hoffman & Company LLC. grew its position in shares of Golub Capital BDC by 1.8% during the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company's stock valued at $582,000 after purchasing an additional 664 shares in the last quarter. Neville Rodie & Shaw Inc. grew its position in Golub Capital BDC by 1.3% during the third quarter. Neville Rodie & Shaw Inc. now owns 54,557 shares of the investment management company's stock worth $824,000 after buying an additional 715 shares in the last quarter. Sanctuary Advisors LLC grew its position in Golub Capital BDC by 1.1% during the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company's stock worth $1,101,000 after buying an additional 769 shares in the last quarter. Moors & Cabot Inc. raised its holdings in shares of Golub Capital BDC by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company's stock valued at $576,000 after acquiring an additional 875 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Golub Capital BDC by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,382 shares of the investment management company's stock valued at $556,000 after acquiring an additional 1,150 shares in the last quarter. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Golub Capital BDC Price Performance

NASDAQ GBDC traded up $0.13 on Monday, reaching $15.03. 1,550,715 shares of the company's stock traded hands, compared to its average volume of 1,224,474. The stock has a market cap of $3.97 billion, a PE ratio of 10.66 and a beta of 0.53. Golub Capital BDC, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The stock has a 50-day simple moving average of $15.25 and a 200 day simple moving average of $15.19. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.73 and a quick ratio of 4.73.

Golub Capital BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were issued a $0.39 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.56 annualized dividend and a dividend yield of 10.38%. Golub Capital BDC's dividend payout ratio is currently 110.64%.

Wall Street Analyst Weigh In

GBDC has been the topic of several research analyst reports. Wells Fargo & Company decreased their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating on the stock in a research report 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.40.

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.