24,261 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Purchased by Benjamin Edwards Inc.

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

Several other hedge funds have also recently made changes to their positions in the business. Atria Investments Inc grew its stake in Golub Capital BDC by 912.0% in the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company's stock worth $14,907,000 after purchasing an additional 886,123 shares during the period. Sage Mountain Advisors LLC grew its stake in shares of Golub Capital BDC by 38.8% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company's stock worth $38,043,000 after acquiring an additional 701,594 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company's stock valued at $68,555,000 after acquiring an additional 533,895 shares in the last quarter. OneAscent Wealth Management LLC bought a new position in Golub Capital BDC in the 4th quarter worth about $6,395,000. Finally, OneAscent Financial Services LLC purchased a new stake in Golub Capital BDC during the 4th quarter valued at about $6,075,000. 42.38% of the stock is owned by hedge funds and other institutional investors.

Golub Capital BDC Stock Performance

GBDC stock traded up $0.05 during trading on Friday, reaching $14.99. The stock had a trading volume of 435,975 shares, compared to its average volume of 1,446,110. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $16.76. The stock's 50 day moving average is $14.45 and its two-hundred day moving average is $15.05. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. The firm has a market cap of $3.99 billion, a PE ratio of 10.86 and a beta of 0.55.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last posted its 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 net margin of 39.63% and a return on equity of 11.18%. The firm had revenue of $211.10 million during the quarter, compared to the consensus estimate of $223.89 million. During the same period in the prior year, the company posted $0.55 EPS. As a group, equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.41%. The ex-dividend date is Friday, June 13th. Golub Capital BDC's dividend payout ratio (DPR) is currently 138.05%.

Analyst Ratings Changes

Several brokerages have recently issued reports on GBDC. Bank of America dropped their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set a "buy" rating on the stock in a research note on Monday. Keefe, Bruyette & Woods dropped their target price on shares of 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 lowered their price target on Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday, April 28th. Finally, StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Golub Capital BDC has a consensus rating of "Moderate Buy" and a consensus target price of $15.50.

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.