Squarepoint Ops LLC Has $1.11 Million Stock Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Squarepoint Ops LLC increased its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 184.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,355 shares of the investment management company's stock after acquiring an additional 47,564 shares during the period. Squarepoint Ops LLC's holdings in Golub Capital BDC were worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its position in Golub Capital BDC by 413.1% in the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock worth $36,000 after purchasing an additional 1,921 shares during the last quarter. Optiver Holding B.V. grew its stake in shares of Golub Capital BDC by 28.7% in the 4th quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company's stock valued at $47,000 after buying an additional 688 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Golub Capital BDC by 36.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock worth $47,000 after buying an additional 827 shares during the last quarter. Hurley Capital LLC bought a new position in Golub Capital BDC during the fourth quarter valued at approximately $50,000. Finally, Empowered Funds LLC acquired a new stake in Golub Capital BDC in the fourth quarter valued at approximately $173,000. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Golub Capital BDC Stock Performance

Shares of NASDAQ GBDC traded down $0.02 during trading hours on Wednesday, hitting $15.00. 974,890 shares of the stock were exchanged, compared to its average volume of 1,458,062. Golub Capital BDC, Inc. has a one year low of $12.68 and a one year high of $16.25. The company's 50 day moving average is $14.46 and its 200 day moving average is $15.03. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. The firm has a market capitalization of $4.00 billion, a P/E ratio of 10.87 and a beta of 0.55.

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 analysts' consensus estimates of $0.41 by ($0.02). The firm had revenue of $211.10 million for 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 company earned $0.55 earnings per share. On average, research analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS 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 issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.40%. The ex-dividend date of this dividend is Friday, June 13th. Golub Capital BDC's dividend payout ratio (DPR) is currently 138.05%.

Insiders Place Their Bets

In other Golub Capital BDC news, Chairman Lawrence E. Golub acquired 6,059,971 shares of Golub Capital BDC stock in a transaction dated Tuesday, May 27th. The stock was bought at an average cost of $15.13 per share, with a total value of $91,687,361.23. Following the completion of the transaction, the chairman now owns 6,059,971 shares of the company's stock, valued at $91,687,361.23. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company lowered their target price on shares of Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Monday, April 28th. Wall Street Zen raised Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, 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 research note on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $15.50.

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.