Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Bought by LSV Asset Management

LSV Asset Management boosted its position in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 5.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,305,018 shares of the investment management company's stock after purchasing an additional 68,700 shares during the quarter. LSV Asset Management owned about 0.49% of Golub Capital BDC worth $19,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew its position in shares of 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 period. Parkside Financial Bank & Trust boosted its position in shares of Golub Capital BDC by 36.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock worth $47,000 after acquiring an additional 827 shares during the last quarter. Hurley Capital LLC purchased a new stake in Golub Capital BDC in the fourth quarter valued at approximately $50,000. Cornerstone Wealth Management LLC acquired a new position in Golub Capital BDC during the fourth quarter worth approximately $160,000. Finally, Empowered Funds LLC acquired a new position in shares of Golub Capital BDC in the 4th quarter valued at $173,000. Institutional investors and hedge funds own 42.38% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GBDC shares. Keefe, Bruyette & Woods cut their target price on Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a research report on Tuesday, April 8th. StockNews.com cut shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Golub Capital BDC presently has a consensus rating of "Hold" and an average target price of $15.83.

Golub Capital BDC Stock Up 2.6 %

GBDC traded up $0.36 during trading hours on Thursday, reaching $14.13. 1,258,379 shares of the stock traded hands, compared to its average volume of 1,616,545. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. The firm's fifty day simple moving average is $14.95 and its two-hundred day simple moving average is $15.17. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 10.24 and a beta of 0.33. Golub Capital BDC, Inc. has a fifty-two week low of $12.68 and a fifty-two week 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 (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. 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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.04%. Golub Capital BDC's dividend payout ratio (DPR) is presently 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.