Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Sold by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp lessened its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 30.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,235,799 shares of the investment management company's stock after selling 982,755 shares during the period. OMERS ADMINISTRATION Corp owned 0.84% of Golub Capital BDC worth $33,895,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Optiver Holding B.V. lifted its stake in shares of Golub Capital BDC by 28.7% during the fourth 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 during the period. Signaturefd LLC lifted its stake in shares of Golub Capital BDC by 0.7% during the fourth quarter. Signaturefd LLC now owns 106,746 shares of the investment management company's stock valued at $1,618,000 after buying an additional 704 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Golub Capital BDC by 36.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company's stock valued at $47,000 after buying an additional 827 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Golub Capital BDC by 1.2% during the fourth quarter. Sanctuary Advisors LLC now owns 72,884 shares of the investment management company's stock valued at $1,140,000 after buying an additional 896 shares during the period. Finally, Mattern Wealth Management LLC lifted its stake in shares of Golub Capital BDC by 7.7% during the fourth quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company's stock valued at $212,000 after buying an additional 1,000 shares during the period. Hedge funds and other institutional investors own 42.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Bank of America cut their price target on shares of 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. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Keefe, Bruyette & Woods cut 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. Finally, Wells Fargo & Company cut 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. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.50.

Golub Capital BDC Trading Up 0.7%

Shares of Golub Capital BDC stock traded up $0.10 during trading hours on Friday, hitting $15.04. The company's stock had a trading volume of 1,082,997 shares, compared to its average volume of 1,456,352. Golub Capital BDC, Inc. has a 1-year low of $12.68 and a 1-year high of $16.76. The business has a fifty day moving average of $14.45 and a 200 day moving average of $15.04. The company has a market capitalization of $4.01 billion, a PE ratio of 10.90 and a beta of 0.55. 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 released its quarterly earnings data on Monday, May 5th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. The business had revenue of $211.10 million during the quarter, compared to analyst estimates of $223.89 million. During the same period in the previous year, the company earned $0.55 EPS. As a group, equities analysts forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.37%. The ex-dividend date is Friday, June 13th. Golub Capital BDC's payout ratio is currently 138.05%.

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.