AlphaQuest LLC Has $74,000 Stock Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

AlphaQuest LLC trimmed its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 96.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,883 shares of the investment management company's stock after selling 145,087 shares during the quarter. AlphaQuest LLC's holdings in Golub Capital BDC were worth $74,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GBDC. Blue Trust Inc. increased its holdings in shares of Golub Capital BDC by 413.1% in the 4th 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 lifted 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 purchasing an additional 827 shares in the last quarter. Cornerstone Wealth Management LLC purchased a new stake in shares of Golub Capital BDC in the fourth quarter worth approximately $160,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Golub Capital BDC in the third quarter worth approximately $162,000. Finally, Empowered Funds LLC purchased a new stake in shares of Golub Capital BDC in the fourth quarter worth approximately $173,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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Golub Capital BDC Stock Up 0.2 %

GBDC traded up $0.03 during midday trading on Friday, hitting $15.12. 1,644,151 shares of the company's stock traded hands, compared to its average volume of 1,306,536. The company has a market cap of $4.01 billion, a PE ratio of 10.96 and a beta of 0.50. The stock's fifty day simple moving average is $15.40 and its 200-day simple moving average is $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. 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 for the quarter, missing the consensus estimate 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, equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

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 given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 10.32%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC's payout ratio is presently 113.04%.

Golub Capital BDC Company 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.