LGT Capital Partners LTD. Has $9.82 Million Stock Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

LGT Capital Partners LTD. grew its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 12.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 648,000 shares of the investment management company's stock after buying an additional 70,811 shares during the quarter. LGT Capital Partners LTD. owned approximately 0.25% of Golub Capital BDC worth $9,824,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its position in Golub Capital BDC by 6.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 88,294 shares of the investment management company's stock valued at $1,334,000 after purchasing an additional 5,057 shares during the last quarter. Confluence Investment Management LLC raised its stake in shares of Golub Capital BDC by 2.8% in the third quarter. Confluence Investment Management LLC now owns 345,613 shares of the investment management company's stock worth $5,222,000 after acquiring an additional 9,494 shares during the last quarter. SpiderRock Advisors LLC acquired a new position in shares of Golub Capital BDC during the third quarter worth approximately $621,000. Atria Investments Inc grew its stake in shares of Golub Capital BDC by 9.3% during the third quarter. Atria Investments Inc now owns 97,163 shares of the investment management company's stock valued at $1,468,000 after purchasing an additional 8,273 shares during the last quarter. Finally, Legacy Capital Wealth Partners LLC increased its holdings in shares of Golub Capital BDC by 99.6% in the third quarter. Legacy Capital Wealth Partners LLC now owns 203,230 shares of the investment management company's stock valued at $3,071,000 after purchasing an additional 101,409 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. StockNews.com upgraded Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Monday. Wells Fargo & Company lowered their price objective on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a research report on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Golub Capital BDC has an average rating of "Moderate Buy" and a consensus target price of $16.38.

Golub Capital BDC Trading Down 0.8 %

GBDC traded down $0.12 during midday trading on Thursday, reaching $14.46. 1,460,895 shares of the company were exchanged, compared to its average volume of 1,287,749. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The stock has a market capitalization of $3.84 billion, a P/E ratio of 10.48 and a beta of 0.50. The stock's 50-day simple moving average is $15.42 and its 200 day simple moving average is $15.26. Golub Capital BDC, Inc. has a one year low of $14.05 and a one year high of $17.72.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings data 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 net margin of 39.63% and a return on equity of 11.18%. As a group, analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 10.79%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC's payout ratio is presently 113.04%.

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.