Muzinich & Co. Inc. Has $11.04 Million Stake in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Muzinich & Co. Inc. lifted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 10.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 728,365 shares of the investment management company's stock after acquiring an additional 71,724 shares during the quarter. Golub Capital BDC makes up about 6.9% of Muzinich & Co. Inc.'s investment portfolio, making the stock its 5th largest position. Muzinich & Co. Inc. owned approximately 0.28% of Golub Capital BDC worth $11,042,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Proficio Capital Partners LLC bought a new stake in shares of Golub Capital BDC during the fourth quarter worth approximately $787,000. Oppenheimer & Co. Inc. grew its holdings in Golub Capital BDC by 84.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 19,775 shares of the investment management company's stock worth $300,000 after acquiring an additional 9,069 shares during the period. Whipplewood Advisors LLC bought a new stake in shares of Golub Capital BDC during the 4th quarter valued at $856,000. GraniteShares Advisors LLC lifted its stake in shares of Golub Capital BDC by 7.3% in the 4th quarter. GraniteShares Advisors LLC now owns 162,685 shares of the investment management company's stock valued at $2,466,000 after purchasing an additional 11,034 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Golub Capital BDC by 64.2% in the 4th quarter. Bank of New York Mellon Corp now owns 114,670 shares of the investment management company's stock valued at $1,738,000 after purchasing an additional 44,815 shares during the period. Institutional investors and hedge funds own 42.38% of the company's stock.

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Golub Capital BDC Trading Down 0.5 %

Golub Capital BDC stock traded down $0.08 during mid-day trading on Monday, hitting $15.20. 1,693,165 shares of the company's stock were exchanged, compared to its average volume of 1,420,286. The company's 50 day simple moving average is $15.47 and its 200-day simple moving average is $15.26. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $4.04 billion, a P/E ratio of 11.01 and a beta of 0.54. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72.

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 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%. On average, equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Dividend Announcement

The business 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 $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.26%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC's payout ratio is currently 113.04%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on GBDC shares. Wells Fargo & Company dropped their price objective on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a report on Thursday, November 21st. StockNews.com lowered Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. According to MarketBeat, Golub Capital BDC presently has an average rating of "Hold" and a consensus target price of $16.38.

Golub Capital BDC 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.