Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 648,253 shares of the investment management company's stock after purchasing an additional 42,238 shares during the quarter. HighTower Advisors LLC owned approximately 0.25% of Golub Capital BDC worth $9,828,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. GSA Capital Partners LLP increased its holdings in shares of Golub Capital BDC by 9.6% in the 3rd quarter. GSA Capital Partners LLP now owns 19,217 shares of the investment management company's stock valued at $290,000 after acquiring an additional 1,685 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Golub Capital BDC by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 645,187 shares of the investment management company's stock valued at $9,749,000 after acquiring an additional 5,264 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new position in shares of Golub Capital BDC in the 3rd quarter valued at about $162,000. Quest Partners LLC increased its holdings in shares of Golub Capital BDC by 566.8% in the 3rd quarter. Quest Partners LLC now owns 149,970 shares of the investment management company's stock valued at $2,266,000 after acquiring an additional 127,479 shares during the last quarter. Finally, Tranquility Partners LLC increased its holdings in shares of Golub Capital BDC by 1.1% in the 3rd quarter. Tranquility Partners LLC now owns 350,688 shares of the investment management company's stock valued at $5,299,000 after acquiring an additional 3,848 shares during the last quarter. Hedge funds and other institutional investors own 42.38% of the company's stock.

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Golub Capital BDC Stock Performance

Golub Capital BDC stock traded up $0.03 during mid-day trading on Friday, reaching $15.12. 1,643,650 shares of the company were exchanged, compared to its average volume of 1,450,690. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. The firm's 50-day simple moving average is $15.39 and its two-hundred day simple moving average is $15.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The firm has a market cap of $4.01 billion, a PE ratio of 10.96 and a beta of 0.50.

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 for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. Equities analysts predict 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 disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 10.32%. Golub Capital BDC's payout ratio is 113.04%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on GBDC. StockNews.com upgraded Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Wednesday. Wells Fargo & Company decreased their target price on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $16.38.

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.