Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Acquired by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. grew its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 52.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 144,749 shares of the investment management company's stock after purchasing an additional 49,863 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.05% of Golub Capital BDC worth $2,194,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GBDC. Cetera Investment Advisers boosted its position in shares of Golub Capital BDC by 11.5% during the 4th quarter. Cetera Investment Advisers now owns 93,998 shares of the investment management company's stock valued at $1,425,000 after acquiring an additional 9,694 shares during the last quarter. Captrust Financial Advisors increased its stake in Golub Capital BDC by 11.1% during the fourth quarter. Captrust Financial Advisors now owns 555,309 shares of the investment management company's stock worth $8,418,000 after purchasing an additional 55,570 shares during the period. Cary Street Partners Financial LLC purchased a new stake in shares of Golub Capital BDC during the fourth quarter worth approximately $312,000. Castlekeep Investment Advisors LLC purchased a new position in Golub Capital BDC in the fourth quarter valued at approximately $19,145,000. Finally, Balyasny Asset Management L.P. purchased a new position in Golub Capital BDC in the fourth quarter valued at approximately $2,401,000. Institutional investors and hedge funds own 42.38% of the company's stock.

Wall Street Analysts Forecast Growth

GBDC has been the subject of a number of recent research reports. Wells Fargo & Company decreased their price target 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. Bank of America decreased their price target on Golub Capital BDC from $16.50 to $15.50 and set a "buy" rating for the company in a report on Monday, May 12th. Wall Street Zen raised Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, Keefe, Bruyette & Woods decreased 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. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $15.50.

Golub Capital BDC Price Performance

Golub Capital BDC stock traded up $0.06 during midday trading on Friday, reaching $14.95. The company's stock had a trading volume of 673,086 shares, compared to its average volume of 1,456,775. Golub Capital BDC, Inc. has a fifty-two week low of $12.68 and a fifty-two week high of $16.76. 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 stock's 50 day simple moving average is $14.48 and its 200 day simple moving average is $15.04. The firm has a market capitalization of $3.98 billion, a PE ratio of 10.83 and a beta of 0.55.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released its earnings results on Monday, May 5th. The investment management company reported $0.39 EPS 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 business had revenue of $211.10 million during the quarter, compared to analyst estimates of $223.89 million. During the same period last year, the business posted $0.55 EPS. On average, equities research analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Dividend Announcement

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 issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.43%. The ex-dividend date of this dividend is Friday, June 13th. Golub Capital BDC's dividend payout ratio (DPR) is currently 138.05%.

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.