Wilmington Savings Fund Society FSB Acquires Shares of 101,477 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Wilmington Savings Fund Society FSB purchased a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 101,477 shares of the investment management company's stock, valued at approximately $1,533,000. Wilmington Savings Fund Society FSB owned 0.06% of Golub Capital BDC as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of GBDC. Nicholas Hoffman & Company LLC. raised 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 buying an additional 664 shares in the last quarter. Neville Rodie & Shaw Inc. raised its holdings in Golub Capital BDC by 1.3% in the 3rd quarter. Neville Rodie & Shaw Inc. now owns 54,557 shares of the investment management company's stock valued at $824,000 after acquiring an additional 715 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in Golub Capital BDC by 1.1% in the 3rd 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 in the last quarter. Moors & Cabot Inc. lifted its position in shares of Golub Capital BDC by 2.3% during the 3rd quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company's stock valued at $576,000 after acquiring an additional 875 shares during the period. Finally, Wedbush Securities Inc. grew its holdings in shares of Golub Capital BDC by 2.8% during the 2nd quarter. Wedbush Securities Inc. now owns 37,031 shares of the investment management company's stock worth $582,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors own 42.38% of the company's stock.

Golub Capital BDC Price Performance

Shares of NASDAQ GBDC traded up $0.02 during mid-day trading on Friday, reaching $15.05. 1,389,972 shares of the company were exchanged, compared to its average volume of 1,177,882. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The company's 50 day moving average price is $15.32 and its 200 day moving average price is $15.31. The stock has a market capitalization of $3.98 billion, a PE ratio of 10.67 and a beta of 0.54. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 1.15.

Golub Capital BDC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 9th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 10.37%. The ex-dividend date of this dividend is Monday, December 9th. Golub Capital BDC's dividend payout ratio is currently 110.64%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. StockNews.com upgraded Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Friday, November 29th. Wells Fargo & Company dropped their target price on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating for the company in a research report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $16.40.

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.