56,439 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC purchased a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 56,439 shares of the investment management company's stock, valued at approximately $856,000.

Several other institutional investors also recently modified their holdings of the stock. Partners Group Holding AG grew its stake in shares of Golub Capital BDC by 48.2% in the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company's stock worth $30,139,000 after purchasing an additional 648,855 shares during the last quarter. LGT Capital Partners LTD. bought a new stake in shares of Golub Capital BDC in the third quarter worth $8,721,000. Northeast Financial Consultants Inc grew its stake in shares of Golub Capital BDC by 25.9% in the third quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company's stock worth $40,016,000 after purchasing an additional 544,126 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Golub Capital BDC by 13.4% in 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 last quarter. Finally, First National Trust Co bought a new stake in shares of Golub Capital BDC in the third quarter worth $3,992,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Stock Up 0.9 %

Shares of NASDAQ GBDC traded up $0.14 during trading on Friday, hitting $15.67. 2,068,661 shares of the company traded hands, compared to its average volume of 1,413,247. The business's fifty day moving average is $15.47 and its 200 day moving average is $15.25. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72. The firm has a market capitalization of $4.16 billion, a price-to-earnings 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.

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Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last posted 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%. Equities research 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 disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a $0.39 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 9.96%. Golub Capital BDC's dividend payout ratio (DPR) is 113.04%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. StockNews.com cut shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday, February 13th. Wells Fargo & Company cut their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $16.38.

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.