39,891 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 39,891 shares of the investment management company's stock, valued at approximately $605,000.

A number of other large investors also recently bought and sold shares of GBDC. Nicholas Hoffman & Company LLC. lifted its position in shares of Golub Capital BDC by 1.8% in the third quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company's stock valued at $582,000 after acquiring an additional 664 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of 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 valued at $1,101,000 after acquiring an additional 769 shares during the last quarter. Moors & Cabot Inc. lifted its stake in Golub Capital BDC by 2.3% during the third quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company's stock worth $576,000 after purchasing an additional 875 shares in the last quarter. Mattern Wealth Management LLC increased its stake in Golub Capital BDC by 7.7% during the 4th quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company's stock worth $212,000 after buying an additional 1,000 shares during the period. Finally, Allworth Financial LP raised its position in Golub Capital BDC by 135.6% in the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company's stock valued at $35,000 after purchasing an additional 1,347 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company's stock.

Remove Ads

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. StockNews.com downgraded Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Wells Fargo & Company reduced their price objective on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $16.38.

Golub Capital BDC Stock Performance

Golub Capital BDC stock traded up $0.14 during mid-day trading on Friday, reaching $15.67. 2,068,619 shares of the company were exchanged, compared to its average volume of 1,413,230. The firm has a market cap of $4.16 billion, a PE ratio of 11.36 and a beta of 0.54. 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 firm's 50-day simple moving average is $15.46 and its two-hundred day simple moving average is $15.23. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings results 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 return on equity of 11.18% and a net margin of 39.63%. Equities analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be issued 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 9.96%. Golub Capital BDC's dividend payout ratio is currently 113.04%.

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.