Triumph Capital Management Has $736,000 Stake in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Triumph Capital Management lowered its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 41.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,522 shares of the investment management company's stock after selling 34,925 shares during the period. Triumph Capital Management's holdings in Golub Capital BDC were worth $736,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC increased its holdings in Golub Capital BDC by 45.5% during the third quarter. Barclays PLC now owns 190,132 shares of the investment management company's stock worth $2,873,000 after buying an additional 59,443 shares during the last quarter. Shikiar Asset Management Inc. grew its position in shares of Golub Capital BDC by 1.5% in the 4th quarter. Shikiar Asset Management Inc. now owns 455,730 shares of the investment management company's stock valued at $6,909,000 after acquiring an additional 6,650 shares during the period. HB Wealth Management LLC increased its stake in shares of Golub Capital BDC by 7.5% during the 4th quarter. HB Wealth Management LLC now owns 253,913 shares of the investment management company's stock worth $3,849,000 after purchasing an additional 17,764 shares during the last quarter. Mandatum Life Insurance Co Ltd increased its stake in shares of Golub Capital BDC by 5.1% during the 4th quarter. Mandatum Life Insurance Co Ltd now owns 40,816 shares of the investment management company's stock worth $619,000 after purchasing an additional 1,997 shares during the last quarter. Finally, Amplius Wealth Advisors LLC raised its holdings in shares of Golub Capital BDC by 4.2% in the 4th quarter. Amplius Wealth Advisors LLC now owns 50,231 shares of the investment management company's stock valued at $761,000 after purchasing an additional 2,007 shares during the period. Institutional investors own 42.38% of the company's stock.

Golub Capital BDC Stock Performance

GBDC traded up $0.06 on Thursday, reaching $14.95. The company had a trading volume of 566,177 shares, compared to its average volume of 1,455,066. The stock has a market cap of $3.98 billion, a P/E ratio of 10.83 and a beta of 0.55. 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, Inc. has a fifty-two week low of $12.68 and a fifty-two week high of $16.76. The company's fifty day moving average is $14.48 and its 200 day moving average is $15.04.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The investment management company reported $0.39 earnings per share (EPS) 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 firm had revenue of $211.10 million for the quarter, compared to the consensus estimate of $223.89 million. During the same quarter in the prior year, the firm earned $0.55 EPS. As a group, analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently disclosed 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 10.44%. The ex-dividend date is Friday, June 13th. Golub Capital BDC's dividend payout ratio is 138.05%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GBDC. Wells Fargo & Company reduced their price target on Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Keefe, Bruyette & Woods cut their price objective on 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. Wall Street Zen upgraded Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, Bank of America decreased their target price on Golub Capital BDC from $16.50 to $15.50 and set a "buy" rating on the stock in a report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $15.50.

About Golub Capital BDC

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.