Lido Advisors LLC Buys 76,521 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Lido Advisors LLC raised its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 55.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 214,569 shares of the investment management company's stock after buying an additional 76,521 shares during the period. Lido Advisors LLC owned about 0.08% of Golub Capital BDC worth $3,253,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GBDC. Barclays PLC raised its holdings in Golub Capital BDC by 45.5% in the 3rd quarter. Barclays PLC now owns 190,132 shares of the investment management company's stock valued at $2,873,000 after acquiring an additional 59,443 shares in the last quarter. Eagle Bay Advisors LLC grew its stake in Golub Capital BDC by 82.1% during the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company's stock worth $2,783,000 after buying an additional 82,787 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Golub Capital BDC by 30.3% in 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. Wealthspire Advisors LLC bought a new stake in shares of Golub Capital BDC during the 4th quarter worth approximately $296,000. Finally, Franklin Resources Inc. increased its stake in Golub Capital BDC by 32.2% in the third quarter. Franklin Resources Inc. now owns 404,865 shares of the investment management company's stock valued at $6,134,000 after acquiring an additional 98,685 shares during the last quarter. Institutional investors and hedge funds own 42.38% of the company's stock.

Analysts Set New Price Targets

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

Golub Capital BDC Price Performance

Shares of GBDC traded down $0.22 during mid-day trading on Monday, reaching $14.12. 730,013 shares of the stock traded hands, compared to its average volume of 1,428,853. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 10.24 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 firm has a fifty day moving average price of $14.57 and a 200 day moving average price of $15.10. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. As a group, equities research analysts predict 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.