Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Sold by Partners Group Holding AG

Partners Group Holding AG lessened its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,820,480 shares of the investment management company's stock after selling 174,183 shares during the quarter. Golub Capital BDC comprises approximately 1.0% of Partners Group Holding AG's holdings, making the stock its 25th biggest holding. Partners Group Holding AG owned approximately 0.69% of Golub Capital BDC worth $27,598,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its position in Golub Capital BDC by 22.5% during the fourth quarter. LPL Financial LLC now owns 365,359 shares of the investment management company's stock valued at $5,539,000 after acquiring an additional 67,106 shares during the period. Blueprint Investment Partners LLC acquired a new position in shares of Golub Capital BDC during the 4th quarter valued at $5,261,000. Fox Run Management L.L.C. acquired a new stake in Golub Capital BDC in the 4th quarter valued at $301,000. Virtu Financial LLC acquired a new stake in Golub Capital BDC during the 4th quarter valued at approximately $510,000. Finally, BluePointe Capital Management LLC increased its holdings in Golub Capital BDC by 4.4% during the 4th quarter. BluePointe Capital Management LLC now owns 103,140 shares of the investment management company's stock worth $1,564,000 after purchasing an additional 4,355 shares during the last quarter. 42.38% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Golub Capital BDC Stock Up 0.3 %

NASDAQ GBDC traded up $0.05 on Thursday, hitting $15.37. 1,603,458 shares of the stock traded hands, compared to its average volume of 1,313,398. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. The stock has a 50-day moving average of $15.40 and a 200 day moving average of $15.26. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. The company has a market capitalization of $4.08 billion, a P/E ratio of 11.14 and a beta of 0.50.

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

Golub Capital BDC Announces Dividend

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $16.17.

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.