Golub Capital BDC, Inc. $GBDC Holdings Increased by Northeast Financial Consultants Inc

Key Points

• Northeast Financial Consultants Inc increased its stake in Golub Capital BDC, Inc. by 60.4%, making it the company's 9th largest holding, now owning 4,120,043 shares valued at approximately $62.4 million.
• Golub Capital BDC reported $0.39 earnings per share for the last quarter, surpassing analysts' expectations, with a net margin of 42.81%.
• The company announced a quarterly dividend of $0.39, which results in an annualized dividend yield of 10.5%.

Northeast Financial Consultants Inc boosted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 60.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,120,043 shares of the investment management company's stock after buying an additional 1,552,223 shares during the quarter. Golub Capital BDC makes up about 2.8% of Northeast Financial Consultants Inc's holdings, making the stock its 9th biggest holding. Northeast Financial Consultants Inc owned about 1.55% of Golub Capital BDC worth $62,377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC increased its position in Golub Capital BDC by 65.0% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 113,646 shares of the investment management company's stock valued at $1,721,000 after purchasing an additional 44,760 shares during the period. Sigma Investment Counselors Inc. purchased a new position in Golub Capital BDC during the 1st quarter valued at $10,935,000. Oppenheimer & Co. Inc. increased its position in Golub Capital BDC by 98.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 39,271 shares of the investment management company's stock valued at $595,000 after purchasing an additional 19,496 shares during the period. BNP Paribas Financial Markets increased its position in Golub Capital BDC by 60.6% during the 4th quarter. BNP Paribas Financial Markets now owns 138,198 shares of the investment management company's stock valued at $2,095,000 after purchasing an additional 52,155 shares during the period. Finally, Cornerstone Wealth Management LLC increased its position in Golub Capital BDC by 24.1% during the 1st quarter. Cornerstone Wealth Management LLC now owns 13,092 shares of the investment management company's stock valued at $198,000 after purchasing an additional 2,541 shares during the period. 42.38% of the stock is currently owned by institutional investors.

Golub Capital BDC Trading Down 0.1%

Golub Capital BDC stock traded down $0.02 during mid-day trading on Friday, reaching $14.76. 1,340,221 shares of the company traded hands, compared to its average volume of 951,081. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.37 and a quick ratio of 2.37. The firm's 50 day moving average price is $14.92 and its 200 day moving average price is $14.75. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 10.39 and a beta of 0.48. Golub Capital BDC, Inc. has a 52-week low of $12.68 and a 52-week high of $16.00.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The business had revenue of $218.34 million for the quarter, compared to the consensus estimate of $215.47 million. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%. During the same period in the previous year, the firm earned $0.39 EPS. On average, analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Monday, September 15th. Golub Capital BDC's payout ratio is presently 109.86%.

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.