Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Purchased by Naviter Wealth LLC

Naviter Wealth LLC boosted its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 26.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 220,359 shares of the investment management company's stock after buying an additional 46,145 shares during the period. Naviter Wealth LLC owned approximately 0.13% of Golub Capital BDC worth $3,330,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Van ECK Associates Corp grew its stake in shares of Golub Capital BDC by 22.3% in the second quarter. Van ECK Associates Corp now owns 3,513,023 shares of the investment management company's stock valued at $55,190,000 after buying an additional 640,866 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in Golub Capital BDC by 5.0% during the 3rd quarter. Sound Income Strategies LLC now owns 2,882,861 shares of the investment management company's stock valued at $43,560,000 after acquiring an additional 137,813 shares during the period. Allen Investment Management LLC grew its position in Golub Capital BDC by 6.9% in the 2nd quarter. Allen Investment Management LLC now owns 2,246,793 shares of the investment management company's stock valued at $35,297,000 after acquiring an additional 145,761 shares in the last quarter. Northeast Financial Consultants Inc increased its stake in Golub Capital BDC by 151.8% during the second quarter. Northeast Financial Consultants Inc now owns 2,104,195 shares of the investment management company's stock worth $33,057,000 after purchasing an additional 1,268,442 shares during the period. Finally, Arnhold LLC lifted its position in shares of Golub Capital BDC by 0.8% during the second quarter. Arnhold LLC now owns 1,319,200 shares of the investment management company's stock worth $20,725,000 after purchasing an additional 11,000 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company's stock.

Golub Capital BDC Stock Up 0.6 %

Shares of NASDAQ:GBDC traded up $0.09 during trading hours on Thursday, reaching $15.44. The stock had a trading volume of 1,077,980 shares, compared to its average volume of 1,165,929. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 7.61 and a beta of 0.53. The firm's 50 day moving average is $14.92 and its 200-day moving average is $15.69. The company has a debt-to-equity ratio of 1.06, a quick ratio of 5.01 and a current ratio of 5.01. Golub Capital BDC, Inc. has a 1 year low of $14.02 and a 1 year high of $17.72.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released its quarterly earnings data on Monday, August 5th. The investment management company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.01). The business had revenue of $171.27 million during the quarter, compared to analysts' expectations of $205.24 million. Golub Capital BDC had a net margin of 42.14% and a return on equity of 11.99%. During the same quarter in the previous year, the company posted $0.44 EPS. Research analysts predict that Golub Capital BDC, Inc. will post 1.92 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, August 30th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.10%. The ex-dividend date was Friday, August 30th. Golub Capital BDC's dividend payout ratio (DPR) is 76.85%.

Wall Street Analysts Forecast Growth

GBDC has been the subject of a number of research reports. 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 for the company in a report on Wednesday, August 7th. Keefe, Bruyette & Woods dropped their price target on shares of Golub Capital BDC from $17.50 to $16.50 and set an "outperform" rating for the company in a research note on Wednesday, August 7th. Oppenheimer reiterated an "outperform" rating and issued a $17.00 price objective on shares of Golub Capital BDC in a research note on Wednesday, August 7th. Finally, StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Golub Capital BDC presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.40.

Insider Buying and Selling

In other news, Director Anita J. Rival bought 26,000 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average cost of $14.40 per share, with a total value of $374,400.00. Following the transaction, the director now directly owns 95,000 shares in the company, valued at $1,368,000. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Golub Capital BDC news, Director Anita J. Rival acquired 26,000 shares of the stock in a transaction on Thursday, August 8th. The shares were bought at an average cost of $14.40 per share, with a total value of $374,400.00. Following the transaction, the director now owns 95,000 shares of the company's stock, valued at approximately $1,368,000. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO David Golub bought 20,000 shares of the firm's stock in a transaction dated Friday, August 16th. The shares were acquired at an average price of $14.68 per share, with a total value of $293,600.00. Following the purchase, the chief executive officer now directly owns 1,738,880 shares of the company's stock, valued at approximately $25,526,758.40. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 146,000 shares of company stock worth $2,159,400 in the last ninety days. 2.70% of the stock is owned by corporate insiders.

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.