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HB Wealth Management LLC Has $3.85 Million Stock Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Golub Capital BDC logo with Finance background

HB Wealth Management LLC increased its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 7.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 253,913 shares of the investment management company's stock after acquiring an additional 17,764 shares during the period. HB Wealth Management LLC owned about 0.10% of Golub Capital BDC worth $3,849,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of GBDC. Envestnet Asset Management Inc. increased its holdings in shares of Golub Capital BDC by 15.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 261,076 shares of the investment management company's stock worth $4,102,000 after acquiring an additional 34,439 shares during the last quarter. ProShare Advisors LLC boosted its position in Golub Capital BDC by 9.4% during the second quarter. ProShare Advisors LLC now owns 26,210 shares of the investment management company's stock worth $412,000 after purchasing an additional 2,262 shares during the period. 1832 Asset Management L.P. acquired a new position in shares of Golub Capital BDC in the second quarter valued at $9,426,000. Edge Capital Group LLC raised its position in shares of Golub Capital BDC by 42.5% in the second quarter. Edge Capital Group LLC now owns 634,313 shares of the investment management company's stock valued at $9,965,000 after purchasing an additional 189,208 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Golub Capital BDC during the 2nd quarter worth about $5,845,000. Institutional investors own 42.38% of the company's stock.

Golub Capital BDC Trading Up 0.5 %

Shares of NASDAQ:GBDC traded up $0.07 during mid-day trading on Monday, reaching $15.40. 987,569 shares of the company's stock were exchanged, compared to its average volume of 1,096,528. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 10.92 and a beta of 0.53. The business's fifty day moving average price is $15.25 and its 200-day moving average price is $15.17.

Golub Capital BDC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 9th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.13%. The ex-dividend date was Monday, December 9th. Golub Capital BDC's dividend payout ratio is presently 110.64%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on GBDC shares. StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Friday, November 29th. Wells Fargo & Company cut their price objective on shares of 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. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $16.40.

Check Out Our Latest Stock Analysis on GBDC

Golub Capital BDC Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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