Golub Capital BDC, Inc. $GBDC Shares Acquired by OMERS ADMINISTRATION Corp

Key Points

• OMERS ADMINISTRATION Corp increased its stake in Golub Capital BDC by 2.6%, owning approximately 0.86% of the company, valued at $34.72 million as of its latest SEC filing.
• Several institutional investors raised their holdings in Golub Capital BDC, with Allen Investment Management increasing its stake by 11.9% in the same quarter.
• Golub Capital BDC announced a quarterly dividend of $0.39 per share, with a yield of 10.6%, and a payout ratio of 109.86% as of September.

OMERS ADMINISTRATION Corp lifted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 2.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,293,430 shares of the investment management company's stock after purchasing an additional 57,631 shares during the period. OMERS ADMINISTRATION Corp owned about 0.86% of Golub Capital BDC worth $34,723,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. VSM Wealth Advisory LLC grew its holdings in shares of Golub Capital BDC by 102.0% during the first quarter. VSM Wealth Advisory LLC now owns 2,565 shares of the investment management company's stock worth $39,000 after buying an additional 1,295 shares during the last quarter. Future Financial Wealth Managment LLC increased its holdings in shares of Golub Capital BDC by 130.0% in the first quarter. Future Financial Wealth Managment LLC now owns 2,990 shares of the investment management company's stock valued at $45,000 after purchasing an additional 1,690 shares during the period. Optiver Holding B.V. increased its holdings in shares of Golub Capital BDC by 28.7% in the fourth quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company's stock valued at $47,000 after purchasing an additional 688 shares during the period. SVB Wealth LLC acquired a new position in shares of Golub Capital BDC in the first quarter valued at approximately $50,000. Finally, Hexagon Capital Partners LLC increased its holdings in shares of Golub Capital BDC by 31.6% in the first quarter. Hexagon Capital Partners LLC now owns 3,613 shares of the investment management company's stock valued at $55,000 after purchasing an additional 868 shares during the period. Institutional investors and hedge funds own 42.38% of the company's stock.

Golub Capital BDC Stock Performance

GBDC traded up $0.14 during trading on Friday, reaching $14.92. The company's stock had a trading volume of 1,087,237 shares, compared to its average volume of 1,014,495. The company's fifty day moving average price is $14.87 and its 200-day moving average price is $14.83. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 10.51 and a beta of 0.51. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.37 and a current ratio of 2.37. 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 announced its quarterly earnings results on Monday, August 4th. The investment management company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The business had revenue of $218.34 million for the quarter, compared to analyst estimates of $215.47 million. Golub Capital BDC had a return on equity of 10.87% and a net margin of 42.81%.During the same quarter in the previous year, the company earned $0.39 EPS. On average, equities analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be issued a $0.39 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.56 annualized dividend and a yield of 10.5%. Golub Capital BDC's payout ratio is 109.86%.

Wall Street Analysts Forecast Growth

GBDC has been the topic of a number of recent research reports. Bank of America dropped 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. Wall Street Zen raised Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, Golub Capital BDC currently has an average rating of "Moderate Buy" and an average price target of $15.00.

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.