Serenus Wealth Advisors LLC Purchases Shares of 17,068 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Serenus Wealth Advisors LLC bought a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 17,068 shares of the investment management company's stock, valued at approximately $259,000.

A number of other institutional investors and hedge funds have also modified their holdings of GBDC. Hexagon Capital Partners LLC grew its holdings in Golub Capital BDC by 171.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 2,145 shares of the investment management company's stock valued at $32,000 after buying an additional 1,355 shares during the last quarter. Allworth Financial LP grew its holdings in Golub Capital BDC by 135.6% during the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company's stock valued at $35,000 after buying an additional 1,347 shares during the last quarter. Blue Trust Inc. grew its holdings in 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 valued at $36,000 after buying an additional 1,921 shares during the last quarter. Cary Street Partners Asset Management LLC acquired a new stake in Golub Capital BDC during the 3rd quarter valued at $151,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in Golub Capital BDC during the 4th quarter valued at $160,000. Institutional investors and hedge funds own 42.38% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on GBDC shares. StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Friday, November 29th. Wells Fargo & Company cut their target price on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating on the stock in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Golub Capital BDC has an average rating of "Moderate Buy" and a consensus target price of $16.38.

Golub Capital BDC Stock Up 0.1 %

Shares of GBDC stock traded up $0.01 on Tuesday, hitting $15.69. The company's stock had a trading volume of 1,144,314 shares, compared to its average volume of 1,348,682. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 4.73. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72. The firm's fifty day moving average price is $15.30 and its 200-day moving average price is $15.16. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 11.37 and a beta of 0.54.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released 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 anticipate that Golub Capital BDC, Inc. will post 1.62 EPS for the current year.

Golub Capital BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.39 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 9.94%. Golub Capital BDC's dividend payout ratio is 113.04%.

Golub Capital BDC Company 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.