Benjamin Edwards Inc. Acquires Shares of 24,261 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Benjamin Edwards Inc. acquired a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,261 shares of the investment management company's stock, valued at approximately $368,000.

A number of other hedge funds have also modified their holdings of the business. Optiver Holding B.V. grew its position in Golub Capital BDC by 28.7% during the 4th quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company's stock worth $47,000 after purchasing an additional 688 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Golub Capital BDC by 0.7% during the fourth quarter. Signaturefd LLC now owns 106,746 shares of the investment management company's stock worth $1,618,000 after buying an additional 704 shares during the last quarter. Parkside Financial Bank & Trust increased its position in Golub Capital BDC by 36.1% in 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 during the period. Sanctuary Advisors LLC raised its stake in Golub Capital BDC by 1.2% during the 4th quarter. Sanctuary Advisors LLC now owns 72,884 shares of the investment management company's stock valued at $1,140,000 after acquiring an additional 896 shares during the last quarter. Finally, Mattern Wealth Management LLC lifted its position 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 acquiring an additional 1,000 shares during the period. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GBDC has been the subject of several analyst reports. Wells Fargo & Company cut their price target on 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. Keefe, Bruyette & Woods cut their price objective on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Finally, StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th.

Golub Capital BDC Trading Up 0.8 %

Shares of GBDC stock opened at $14.49 on Friday. The business's fifty day moving average price is $14.45 and its 200 day moving average price is $15.06. The firm has a market capitalization of $3.85 billion, a PE ratio of 10.50 and a beta of 0.55. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. Golub Capital BDC, Inc. has a 1-year low of $12.68 and a 1-year high of $16.89.

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 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. The company had revenue of $211.10 million for the quarter, compared to analyst estimates of $223.89 million. During the same period last year, the company earned $0.55 earnings per share. As a group, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 10.77%. The ex-dividend date is Friday, June 13th. Golub Capital BDC's dividend payout ratio (DPR) is 113.04%.

Golub Capital BDC 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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