LPL Financial LLC Has $5.54 Million Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

LPL Financial LLC grew its position in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 22.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 365,359 shares of the investment management company's stock after acquiring an additional 67,106 shares during the quarter. LPL Financial LLC owned approximately 0.14% of Golub Capital BDC worth $5,539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Van ECK Associates Corp increased its stake in Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company's stock valued at $68,555,000 after purchasing an additional 533,895 shares during the last quarter. Sound Income Strategies LLC grew its position in shares of Golub Capital BDC by 6.0% during the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company's stock valued at $46,320,000 after buying an additional 172,519 shares during the last quarter. Sage Mountain Advisors LLC grew its position in shares of Golub Capital BDC by 38.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company's stock valued at $38,043,000 after buying an additional 701,594 shares during the last quarter. Atria Investments Inc raised its stake in Golub Capital BDC by 912.0% during the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company's stock worth $14,907,000 after acquiring an additional 886,123 shares during the period. Finally, Boston Partners lifted its holdings in Golub Capital BDC by 39.5% in the fourth quarter. Boston Partners now owns 936,035 shares of the investment management company's stock worth $14,246,000 after acquiring an additional 264,947 shares during the last quarter. 42.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GBDC. StockNews.com lowered Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. Keefe, Bruyette & Woods lowered their price objective on Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $15.83.

Golub Capital BDC Price Performance

Shares of Golub Capital BDC stock traded up $0.04 on Friday, hitting $13.68. The company had a trading volume of 2,626,725 shares, compared to its average volume of 1,390,300. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $17.72. The company has a market cap of $3.63 billion, a PE ratio of 9.91 and a beta of 0.33. The business has a 50-day simple moving average of $15.05 and a 200-day simple moving average of $15.20. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its earnings results 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%. Research analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.39 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 11.40%. Golub Capital BDC's dividend payout ratio (DPR) is presently 113.04%.

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.