Captrust Financial Advisors Grows Stock Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Captrust Financial Advisors boosted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 11.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 555,309 shares of the investment management company's stock after buying an additional 55,570 shares during the period. Captrust Financial Advisors owned approximately 0.21% of Golub Capital BDC worth $8,418,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in GBDC. Barclays PLC raised its holdings in shares of Golub Capital BDC by 45.5% in the third quarter. Barclays PLC now owns 190,132 shares of the investment management company's stock valued at $2,873,000 after purchasing an additional 59,443 shares during the last quarter. Tidal Investments LLC raised its holdings in Golub Capital BDC by 4.1% during the third quarter. Tidal Investments LLC now owns 76,160 shares of the investment management company's stock worth $1,151,000 after acquiring an additional 2,991 shares in the last quarter. Franklin Resources Inc. boosted its position in Golub Capital BDC by 32.2% during the third quarter. Franklin Resources Inc. now owns 404,865 shares of the investment management company's stock valued at $6,134,000 after purchasing an additional 98,685 shares during the last quarter. Eagle Bay Advisors LLC grew its stake in Golub Capital BDC by 82.1% in the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company's stock valued at $2,783,000 after purchasing an additional 82,787 shares in the last quarter. Finally, Adams Asset Advisors LLC raised its stake in shares of Golub Capital BDC by 29.3% during the 4th quarter. Adams Asset Advisors LLC now owns 80,190 shares of the investment management company's stock worth $1,216,000 after purchasing an additional 18,172 shares in the last quarter. Institutional investors own 42.38% of the company's stock.

Golub Capital BDC Stock Performance

Shares of GBDC stock traded up $0.12 during midday trading on Friday, hitting $14.49. 935,853 shares of the company were exchanged, compared to its average volume of 1,437,406. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $16.89. The firm has a market capitalization of $3.86 billion, a P/E ratio of 10.50 and a beta of 0.55. The firm's 50 day moving average price is $14.45 and its two-hundred day moving average price is $15.06. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $211.10 million during the quarter, compared to the consensus estimate of $223.89 million. Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. During the same quarter last year, the firm earned $0.55 earnings per share. As a group, equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, June 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.77%. Golub Capital BDC's payout ratio is presently 138.05%.

Analyst Ratings Changes

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

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.