Sage Mountain Advisors LLC Has $38.04 Million Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Sage Mountain Advisors LLC grew its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 38.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,509,449 shares of the investment management company's stock after buying an additional 701,594 shares during the quarter. Golub Capital BDC makes up about 2.8% of Sage Mountain Advisors LLC's investment portfolio, making the stock its 7th largest holding. Sage Mountain Advisors LLC owned approximately 0.95% of Golub Capital BDC worth $38,043,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Van ECK Associates Corp lifted its holdings in Golub Capital BDC by 13.4% in the 4th quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company's stock worth $68,555,000 after purchasing an additional 533,895 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in Golub Capital BDC by 6.0% in the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company's stock worth $46,320,000 after purchasing an additional 172,519 shares during the last quarter. Northeast Financial Consultants Inc lifted its holdings in Golub Capital BDC by 25.9% in the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company's stock worth $40,016,000 after purchasing an additional 544,126 shares during the last quarter. Partners Group Holding AG lifted its holdings in Golub Capital BDC by 48.2% in the 3rd quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company's stock worth $30,139,000 after purchasing an additional 648,855 shares during the last quarter. Finally, Atria Investments Inc lifted its holdings in Golub Capital BDC by 912.0% in the 4th quarter. Atria Investments Inc now owns 983,286 shares of the investment management company's stock worth $14,907,000 after purchasing an additional 886,123 shares during the last quarter. 42.38% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several research firms recently weighed in on GBDC. Wells Fargo & Company reduced their target price on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a report on Thursday, November 21st. StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Monday. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $16.38.

Golub Capital BDC Stock Performance

NASDAQ GBDC traded up $0.21 during trading on Friday, hitting $14.67. The company's stock had a trading volume of 1,453,711 shares, compared to its average volume of 1,289,601. The firm has a market cap of $3.89 billion, a P/E ratio of 10.63 and a beta of 0.50. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The firm has a 50 day moving average price of $15.41 and a 200 day moving average price of $15.25.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released 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 forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.63%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC's dividend payout ratio 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.