Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 252,800 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 252,800 shares of the investment management company's stock, valued at approximately $3,832,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Golub Capital BDC as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Barclays PLC boosted its position in Golub Capital BDC by 45.5% in the third quarter. Barclays PLC now owns 190,132 shares of the investment management company's stock worth $2,873,000 after purchasing an additional 59,443 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Golub Capital BDC by 30.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company's stock valued at $1,744,000 after buying an additional 26,764 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Golub Capital BDC by 413.1% during the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock valued at $36,000 after buying an additional 1,921 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Golub Capital BDC in the 4th quarter worth $211,000. Finally, Country Club Bank purchased a new position in Golub Capital BDC in the 4th quarter worth approximately $334,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Stock Up 0.3%

NASDAQ GBDC traded up $0.04 during trading on Thursday, reaching $15.04. 728,498 shares of the company's stock traded hands, compared to its average volume of 1,454,145. Golub Capital BDC, Inc. has a 12-month low of $12.68 and a 12-month high of $16.24. The company's 50 day simple moving average is $14.46 and its two-hundred day simple moving average is $15.02. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 10.90 and a beta of 0.55. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued 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 company had revenue of $211.10 million for the quarter, compared to analyst estimates 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 in the previous year, the company posted $0.55 EPS. As a group, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company 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. The ex-dividend date is Friday, June 13th. This represents a $1.56 annualized dividend and a yield of 10.37%. Golub Capital BDC's payout ratio is 138.05%.

Analyst Ratings Changes

A number of research analysts have issued reports on GBDC shares. Keefe, Bruyette & Woods reduced their price objective on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a research report on Tuesday, April 8th. Wells Fargo & Company cut their target price on Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research note 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 dropped their price target on Golub Capital BDC from $16.50 to $15.50 and set a "buy" rating on the stock in a research note on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $15.50.

Insider Activity

In other news, Chairman Lawrence E. Golub bought 6,059,971 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The shares were purchased at an average cost of $15.13 per share, for a total transaction of $91,687,361.23. Following the completion of the purchase, the chairman now owns 6,059,971 shares of the company's stock, valued at approximately $91,687,361.23. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.60% of the company's stock.

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.