Trexquant Investment LP Buys Shares of 187,662 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Trexquant Investment LP purchased a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 187,662 shares of the investment management company's stock, valued at approximately $2,845,000. Trexquant Investment LP owned approximately 0.07% of Golub Capital BDC as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of GBDC. Van ECK Associates Corp raised its position in shares of Golub Capital BDC by 13.4% during the fourth 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 period. Sound Income Strategies LLC increased its stake 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 in the last quarter. Sage Mountain Advisors LLC raised its holdings in Golub Capital BDC by 38.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company's stock worth $38,043,000 after buying an additional 701,594 shares during the period. JPMorgan Chase & Co. lifted its stake in Golub Capital BDC by 2.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,385,828 shares of the investment management company's stock valued at $36,169,000 after buying an additional 49,519 shares in the last quarter. Finally, Atria Investments Inc boosted its holdings in shares of Golub Capital BDC by 912.0% in the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company's stock worth $14,907,000 after buying an additional 886,123 shares during the period. Institutional investors and hedge funds own 42.38% of the company's stock.

Golub Capital BDC Stock Up 0.3 %

Shares of NASDAQ GBDC traded up $0.04 during mid-day trading on Friday, reaching $13.68. The company had a trading volume of 2,626,725 shares, compared to its average volume of 1,387,532. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 9.91 and a beta of 0.33. The stock has a fifty day moving average of $15.05 and a two-hundred day moving average of $15.20. Golub Capital BDC, Inc. has a 12-month low of $12.68 and a 12-month high of $17.72.

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 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, equities research analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 3rd were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 11.40%. Golub Capital BDC's payout ratio is 113.04%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com lowered shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. Keefe, Bruyette & Woods cut their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a research note on Tuesday. One equities 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 MarketBeat.com, Golub Capital BDC has a consensus rating of "Hold" and a consensus price target of $15.83.

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.