20,777 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Purchased by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC bought a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,777 shares of the investment management company's stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GBDC. Hexagon Capital Partners LLC lifted its stake in shares of Golub Capital BDC by 171.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 2,145 shares of the investment management company's stock valued at $32,000 after purchasing an additional 1,355 shares during the period. Allworth Financial LP increased its holdings in Golub Capital BDC by 135.6% in the third quarter. Allworth Financial LP now owns 2,340 shares of the investment management company's stock worth $35,000 after purchasing an additional 1,347 shares in the last quarter. Blue Trust Inc. lifted its stake in Golub Capital BDC by 413.1% in the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock valued at $36,000 after buying an additional 1,921 shares during the period. Cary Street Partners Asset Management LLC bought a new position in shares of Golub Capital BDC during the 3rd quarter worth approximately $151,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in shares of Golub Capital BDC during the 4th quarter worth approximately $160,000. Institutional investors and hedge funds own 42.38% of the company's stock.

Golub Capital BDC Stock Up 0.1 %

GBDC stock traded up $0.01 during midday trading on Tuesday, reaching $15.69. 1,143,814 shares of the company's stock traded hands, compared to its average volume of 1,344,726. The company has a quick ratio of 4.73, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. The firm's fifty day moving average price is $15.30 and its 200-day moving average price is $15.16. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 11.37 and a beta of 0.54.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last posted its earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. As a group, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.62 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be issued a $0.39 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.94%. Golub Capital BDC's dividend payout ratio is presently 113.04%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Friday, November 29th. Wells Fargo & Company dropped their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating on the stock in a 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 MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $16.38.

About Golub Capital BDC

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.