Evoke Wealth LLC Purchases 16,809 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Evoke Wealth LLC increased its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 42.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,153 shares of the investment management company's stock after buying an additional 16,809 shares during the quarter. Evoke Wealth LLC's holdings in Golub Capital BDC were worth $851,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GBDC. Blue Trust Inc. raised its position in shares of Golub Capital BDC by 413.1% during the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock worth $36,000 after purchasing an additional 1,921 shares during the period. Parkside Financial Bank & Trust increased its stake in Golub Capital BDC by 36.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock worth $47,000 after purchasing an additional 827 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new stake in Golub Capital BDC during the 4th quarter worth approximately $160,000. Oppenheimer & Co. Inc. acquired a new stake in Golub Capital BDC during the 3rd quarter worth approximately $162,000. Finally, Empowered Funds LLC bought a new position in Golub Capital BDC in the fourth quarter valued at approximately $173,000. 42.38% of the stock is currently owned by institutional investors.

Golub Capital BDC Stock Up 0.2 %

NASDAQ:GBDC traded up $0.03 during trading hours on Friday, reaching $15.12. 1,644,151 shares of the stock were exchanged, compared to its average volume of 1,306,536. The stock has a market cap of $4.01 billion, a PE ratio of 10.96 and a beta of 0.50. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. The firm has a 50 day moving average of $15.40 and a 200 day moving average of $15.25. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94.

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Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last announced its earnings results on Tuesday, February 4th. The investment management company reported $0.39 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%. On average, equities analysts expect 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.32%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC's dividend payout ratio is currently 113.04%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, Golub Capital BDC presently has an average rating of "Moderate Buy" and an average price target of $16.38.

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.