Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 93.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,118 shares of the investment management company's stock after selling 156,875 shares during the quarter. International Assets Investment Management LLC's holdings in Golub Capital BDC were worth $170,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GBDC. Nicholas Hoffman & Company LLC. lifted its holdings in shares of Golub Capital BDC by 1.8% during the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company's stock worth $582,000 after acquiring an additional 664 shares during the period. Neville Rodie & Shaw Inc. grew its stake in shares of Golub Capital BDC by 1.3% during the 3rd quarter. Neville Rodie & Shaw Inc. now owns 54,557 shares of the investment management company's stock valued at $824,000 after buying an additional 715 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of Golub Capital BDC by 1.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company's stock worth $1,101,000 after buying an additional 769 shares during the last quarter. Moors & Cabot Inc. raised its position in shares of Golub Capital BDC by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company's stock worth $576,000 after buying an additional 875 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in Golub Capital BDC by 3.4% in the second quarter. The Manufacturers Life Insurance Company now owns 35,382 shares of the investment management company's stock valued at $556,000 after acquiring an additional 1,150 shares during the last quarter. Institutional investors and hedge funds own 42.38% of the company's stock.

Golub Capital BDC Stock Up 1.5 %

Golub Capital BDC stock traded up $0.22 during midday trading on Tuesday, hitting $15.25. 1,004,780 shares of the company were exchanged, compared to its average volume of 1,197,110. The company has a market cap of $4.03 billion, a PE ratio of 10.82 and a beta of 0.53. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72. The company's fifty day moving average price is $15.25 and its 200-day moving average price is $15.18. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.73 and a quick ratio of 4.73.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 9th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 10.23%. The ex-dividend date was Monday, December 9th. Golub Capital BDC's dividend payout ratio (DPR) is 110.64%.

Wall Street Analysts Forecast Growth

GBDC has been the topic of several research analyst reports. StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Friday, November 29th. Wells Fargo & Company decreased 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 research note on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $16.40.

Golub Capital BDC 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.