M Holdings Securities Inc. Sells 332,059 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

M Holdings Securities Inc. decreased its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 98.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,116 shares of the investment management company's stock after selling 332,059 shares during the quarter. M Holdings Securities Inc.'s holdings in Golub Capital BDC were worth $78,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. lifted its position in shares of Golub Capital BDC by 413.1% during the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock worth $36,000 after buying an additional 1,921 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Golub Capital BDC by 36.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock valued at $47,000 after purchasing an additional 827 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new stake in Golub Capital BDC in the fourth quarter valued at approximately $160,000. Oppenheimer & Co. Inc. acquired a new position in shares of Golub Capital BDC during the third quarter worth $162,000. Finally, Empowered Funds LLC bought a new stake in Golub Capital BDC during the 4th quarter worth $173,000. 42.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday. One investment 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's stock. According to MarketBeat.com, Golub Capital BDC presently has a consensus rating of "Hold" and an average target price of $16.17.

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Golub Capital BDC Trading Up 0.3 %

Shares of Golub Capital BDC stock traded up $0.05 during trading on Thursday, hitting $15.37. The company's stock had a trading volume of 1,603,458 shares, compared to its average volume of 1,313,398. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 11.14 and a beta of 0.50. 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, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The stock has a 50-day moving average price of $15.40 and a two-hundred day moving average price of $15.26.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. Equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be paid a $0.39 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.56 annualized dividend and a dividend yield of 10.15%. Golub Capital BDC's payout ratio is 113.04%.

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.