LSV Asset Management Raises Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

LSV Asset Management lifted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,305,018 shares of the investment management company's stock after purchasing an additional 68,700 shares during the period. LSV Asset Management owned 0.49% of Golub Capital BDC worth $19,784,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GBDC. Blue Trust Inc. lifted its stake 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. Parkside Financial Bank & Trust lifted its holdings in Golub Capital BDC by 36.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock worth $47,000 after purchasing an additional 827 shares in the last quarter. Hurley Capital LLC purchased a new position in Golub Capital BDC during the 4th quarter valued at about $50,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Golub Capital BDC in the fourth quarter worth about $160,000. Finally, Empowered Funds LLC bought a new position in shares of Golub Capital BDC in the fourth quarter valued at approximately $173,000. Institutional investors own 42.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. StockNews.com downgraded shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. Keefe, Bruyette & Woods lowered their price target 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $15.83.

Golub Capital BDC Price Performance

Shares of NASDAQ GBDC traded up $0.36 during mid-day trading on Friday, reaching $14.13. 1,258,379 shares of the company were exchanged, compared to its average volume of 1,405,961. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $17.72. The company's 50 day moving average price is $14.92 and its 200 day moving average price is $15.17. The stock has a market capitalization of $3.75 billion, a PE ratio of 10.24 and a beta of 0.33. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings results 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%. Sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.04%. Golub Capital BDC's dividend payout ratio (DPR) is 113.04%.

Golub Capital BDC Company 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.