TrueMark Investments LLC grew its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 198.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 183,394 shares of the investment management company's stock after acquiring an additional 121,945 shares during the quarter. TrueMark Investments LLC owned about 0.07% of Golub Capital BDC worth $2,780,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of GBDC. Signaturefd LLC raised its position in Golub Capital BDC by 0.7% during the fourth quarter. Signaturefd LLC now owns 106,746 shares of the investment management company's stock valued at $1,618,000 after purchasing an additional 704 shares during the period. Sanctuary Advisors LLC boosted its stake in Golub Capital BDC by 1.1% during the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company's stock worth $1,101,000 after buying an additional 769 shares during the period. Parkside Financial Bank & Trust increased its position in Golub Capital BDC by 36.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock valued at $47,000 after acquiring an additional 827 shares during the last quarter. Mattern Wealth Management LLC raised its stake in shares of Golub Capital BDC by 7.7% in the fourth quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company's stock valued at $212,000 after acquiring an additional 1,000 shares during the period. Finally, EP Wealth Advisors LLC boosted its stake in shares of Golub Capital BDC by 0.9% during the 3rd quarter. EP Wealth Advisors LLC now owns 186,618 shares of the investment management company's stock worth $2,820,000 after purchasing an additional 1,617 shares during the period. 42.38% of the stock is owned by hedge funds and other institutional investors.
Golub Capital BDC Trading Down 0.8 %
Shares of NASDAQ GBDC traded down $0.12 during mid-day trading on Friday, reaching $15.25. The company had a trading volume of 1,653,712 shares, compared to its average volume of 1,316,687. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The business's 50-day moving average is $15.40 and its 200-day moving average is $15.27. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of 11.05 and a beta of 0.50. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22.
Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS 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%. Equities analysts expect that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.
Golub Capital BDC Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.23%. The ex-dividend date of this dividend was Monday, March 3rd. Golub Capital BDC's payout ratio is 113.04%.
Analyst Ratings Changes
Separately, StockNews.com lowered Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Golub Capital BDC presently has a consensus rating of "Hold" and a consensus target price of $16.17.
Get Our Latest Stock Analysis on GBDC
About Golub Capital BDC
(
Free Report)
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.
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