Golub Capital BDC, Inc. (NASDAQ:GBDC) Holdings Raised by First Trust Advisors LP

First Trust Advisors LP increased its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 122.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 358,136 shares of the investment management company's stock after buying an additional 197,018 shares during the period. First Trust Advisors LP owned about 0.13% of Golub Capital BDC worth $5,429,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Blue Trust Inc. lifted its stake in shares of Golub Capital BDC by 413.1% during the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock worth $36,000 after buying an additional 1,921 shares during the period. Parkside Financial Bank & Trust raised its holdings in Golub Capital BDC by 36.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock valued at $47,000 after acquiring an additional 827 shares during the last quarter. Hurley Capital LLC acquired a new position in Golub Capital BDC in the 4th quarter valued at about $50,000. Cornerstone Wealth Management LLC acquired a new position in Golub Capital BDC in the fourth quarter valued at about $160,000. Finally, Empowered Funds LLC purchased a new position in Golub Capital BDC during the 4th quarter valued at about $173,000. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on GBDC shares. StockNews.com lowered Golub Capital BDC from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Keefe, Bruyette & Woods cut their price objective on Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. Finally, Wells Fargo & Company reduced 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 report on Monday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Golub Capital BDC currently has an average rating of "Hold" and an average price target of $15.50.

Golub Capital BDC Stock Down 0.9 %

GBDC traded down $0.13 during trading on Monday, hitting $14.21. The company had a trading volume of 569,788 shares, compared to its average volume of 1,567,026. The business has a 50-day moving average of $14.57 and a 200-day moving average of $15.10. The company has a market cap of $3.77 billion, a PE ratio of 10.29 and a beta of 0.33. Golub Capital BDC, Inc. has a 1-year low of $12.68 and a 1-year high of $17.12. 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 announced its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. As a group, analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

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.