SlateStone Wealth LLC bought a new stake in Kayne Anderson BDC, Inc. (NYSE:KBDC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 56,055 shares of the company's stock, valued at approximately $927,000. SlateStone Wealth LLC owned approximately 0.08% of Kayne Anderson BDC as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also made changes to their positions in KBDC. Requisite Capital Management LLC acquired a new stake in shares of Kayne Anderson BDC in the 4th quarter valued at $5,589,000. Corient Private Wealth LLC bought a new position in Kayne Anderson BDC in the fourth quarter valued at about $4,205,000. Sage Mountain Advisors LLC acquired a new stake in Kayne Anderson BDC in the fourth quarter worth about $3,359,000. Confluence Investment Management LLC raised its holdings in Kayne Anderson BDC by 5.9% during the 4th quarter. Confluence Investment Management LLC now owns 109,957 shares of the company's stock worth $1,819,000 after purchasing an additional 6,169 shares during the last quarter. Finally, HB Wealth Management LLC acquired a new position in Kayne Anderson BDC during the 4th quarter valued at about $1,591,000.
Kayne Anderson BDC Trading Down 0.1 %
Shares of Kayne Anderson BDC stock traded down $0.02 during trading on Thursday, hitting $16.78. 106,400 shares of the company were exchanged, compared to its average volume of 135,326. The firm's fifty day moving average price is $16.97 and its 200 day moving average price is $16.59. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.36 and a quick ratio of 1.36. Kayne Anderson BDC, Inc. has a 1-year low of $15.69 and a 1-year high of $17.99.
Kayne Anderson BDC (NYSE:KBDC - Get Free Report) last issued its earnings results on Monday, March 3rd. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.03). The firm had revenue of $56.34 million during the quarter, compared to the consensus estimate of $53.01 million. Kayne Anderson BDC had a net margin of 59.80% and a return on equity of 12.65%. Sell-side analysts anticipate that Kayne Anderson BDC, Inc. will post 2.06 earnings per share for the current fiscal year.
Kayne Anderson BDC Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.60 annualized dividend and a yield of 9.54%.
About Kayne Anderson BDC
(
Free Report)
Kayne Anderson BDC Inc is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc is based in CHICAGO.
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