Barings BDC, Inc. (NYSE:BBDC) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. decreased its holdings in Barings BDC, Inc. (NYSE:BBDC - Free Report) by 10.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 483,050 shares of the company's stock after selling 55,044 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.46% of Barings BDC worth $4,623,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of Barings BDC by 393.7% during the third quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company's stock valued at $25,000 after buying an additional 2,059 shares during the last quarter. Nomura Asset Management Co. Ltd. bought a new stake in shares of Barings BDC during the third quarter valued at approximately $26,000. nVerses Capital LLC increased its stake in shares of Barings BDC by 50.0% in the 3rd quarter. nVerses Capital LLC now owns 3,300 shares of the company's stock worth $32,000 after acquiring an additional 1,100 shares in the last quarter. Advisory Alpha LLC bought a new position in shares of Barings BDC during the second quarter valued at approximately $99,000. Finally, Centaurus Financial Inc. bought a new position in Barings BDC during the 3rd quarter valued at approximately $99,000. Institutional investors own 44.09% of the company's stock.

Insider Activity at Barings BDC

In other news, insider Michael James O'connor sold 29,424 shares of the business's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $9.70, for a total value of $285,412.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen R. Byers bought 8,485 shares of Barings BDC stock in a transaction on Friday, December 13th. The stock was purchased at an average price of $9.73 per share, with a total value of $82,559.05. Following the completion of the acquisition, the director now directly owns 50,001 shares of the company's stock, valued at $486,509.73. This represents a 20.44 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 14,048 shares of company stock valued at $136,772. 0.45% of the stock is owned by corporate insiders.

Barings BDC Stock Up 1.2 %

NYSE BBDC traded up $0.12 during mid-day trading on Thursday, reaching $9.72. The stock had a trading volume of 340,690 shares, compared to its average volume of 357,129. The company has a fifty day moving average price of $9.74 and a 200 day moving average price of $9.83. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. The stock has a market cap of $1.03 billion, a PE ratio of 9.00 and a beta of 0.68. Barings BDC, Inc. has a 1 year low of $8.67 and a 1 year high of $10.38.

Barings BDC (NYSE:BBDC - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). The business had revenue of $70.85 million for the quarter, compared to analysts' expectations of $70.48 million. Barings BDC had a return on equity of 11.24% and a net margin of 39.59%. During the same quarter in the prior year, the business earned $0.31 EPS. On average, research analysts expect that Barings BDC, Inc. will post 1.24 earnings per share for the current year.

Barings BDC Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Wednesday, December 4th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 10.71%. The ex-dividend date of this dividend was Wednesday, December 4th. Barings BDC's payout ratio is presently 96.30%.

About Barings BDC

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.