Barclays PLC Sells 125,700 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Barclays PLC decreased its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 66.1% during the fourth quarter, according to its most recent filing with the SEC. 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.

Several other large investors have also modified their holdings of GBDC. Blue Trust Inc. increased its holdings in Golub Capital BDC by 413.1% during the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock valued at $36,000 after buying an additional 1,921 shares during the period. Parkside Financial Bank & Trust boosted its position in Golub Capital BDC by 36.1% during the 4th 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 in the last quarter. Hurley Capital LLC purchased a new position in shares of Golub Capital BDC in the 4th quarter valued at $50,000. Cornerstone Wealth Management LLC bought a new position in shares of Golub Capital BDC in the 4th quarter worth $160,000. Finally, Empowered Funds LLC purchased a new stake in shares of Golub Capital BDC during the 4th quarter worth $173,000. Institutional investors own 42.38% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Keefe, Bruyette & Woods cut their target price on Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company cut their price objective on shares of Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Monday, April 28th. Finally, StockNews.com cut shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Golub Capital BDC presently has an average rating of "Hold" and an average price target of $15.50.

Golub Capital BDC Price Performance

Shares of NASDAQ GBDC opened at $14.13 on Tuesday. Golub Capital BDC, Inc. has a fifty-two week low of $12.68 and a fifty-two week high of $17.12. The company has a market cap of $3.75 billion, a PE ratio of 10.24 and a beta of 0.33. 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 business has a 50-day simple moving average of $14.54 and a two-hundred day simple moving average of $15.09.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released 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%. As a group, equities analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

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.

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