Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Sold by Barclays PLC

Barclays PLC decreased its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 66.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,432 shares of the investment management company's stock after selling 125,700 shares during the period. Barclays PLC's holdings in Golub Capital BDC were worth $977,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GBDC. Blue Trust Inc. increased its stake in shares of Golub Capital BDC by 413.1% in the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock worth $36,000 after purchasing an additional 1,921 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Golub Capital BDC by 36.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock worth $47,000 after purchasing an additional 827 shares in the last quarter. Hurley Capital LLC purchased a new stake in shares of Golub Capital BDC in the fourth quarter worth $50,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Golub Capital BDC in the fourth quarter worth $160,000. Finally, Empowered Funds LLC purchased a new stake in shares of Golub Capital BDC in the fourth quarter worth $173,000. Institutional investors own 42.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Wells Fargo & Company cut their target price on shares of Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating for the company in a research note on Monday, April 28th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating for the company in a research note on Tuesday, April 8th.

Golub Capital BDC Trading Up 0.8%

GBDC traded up $0.12 on Friday, reaching $14.49. 935,853 shares of the company traded hands, compared to its average volume of 1,437,406. Golub Capital BDC, Inc. has a one year low of $12.68 and a one year high of $16.89. The firm has a fifty day simple moving average of $14.45 and a two-hundred day simple moving average of $15.06. The company has a market cap of $3.86 billion, a P/E ratio of 10.50 and a beta of 0.55. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The investment management company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. The business had revenue of $211.10 million during the quarter, compared to the consensus estimate of $223.89 million. During the same quarter in the prior year, the firm posted $0.55 EPS. As a group, equities research 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 disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.77%. The ex-dividend date of this dividend is Friday, June 13th. Golub Capital BDC's payout ratio is currently 138.05%.

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.