Golub Capital BDC (NASDAQ:GBDC) Receives "Hold (C+)" Rating from Weiss Ratings

Key Points

• Golub Capital BDC (NASDAQ:GBDC) has received a **"hold (C+)" rating** reiterated by Weiss Ratings, indicating a neutral perspective on the stock's performance.
• The company reported **$218.34 million in revenue** for the last quarter, exceeding analyst expectations, with earnings per share of **$0.39**, slightly above the consensus estimate of **$0.38**.
• Institutional investors own **42.38%** of Golub Capital BDC's stock, with notable increases in holdings from firms such as Onyx Bridge Wealth Group LLC and Oppenheimer & Co. Inc. in the first quarter.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report)'s stock had its "hold (c+)" rating reiterated by Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Golub Capital BDC Stock Up 0.4%

Shares of NASDAQ GBDC opened at $13.60 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.37 and a current ratio of 2.37. Golub Capital BDC has a 52 week low of $12.68 and a 52 week high of $16.00. The stock has a market capitalization of $3.62 billion, a P/E ratio of 9.58 and a beta of 0.48. The stock's fifty day moving average is $14.44 and its 200 day moving average is $14.61.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The investment management company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.01. Golub Capital BDC had a return on equity of 10.87% and a net margin of 42.81%.The company had revenue of $218.34 million for the quarter, compared to analysts' expectations of $215.47 million. During the same quarter last year, the business earned $0.39 earnings per share. Sell-side analysts forecast that Golub Capital BDC will post 1.6 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Onyx Bridge Wealth Group LLC grew its position in Golub Capital BDC by 65.0% in the first quarter. Onyx Bridge Wealth Group LLC now owns 113,646 shares of the investment management company's stock valued at $1,721,000 after acquiring an additional 44,760 shares during the last quarter. Sigma Investment Counselors Inc. bought a new position in Golub Capital BDC in the first quarter valued at about $10,935,000. Oppenheimer & Co. Inc. grew its position in Golub Capital BDC by 98.6% in the first quarter. Oppenheimer & Co. Inc. now owns 39,271 shares of the investment management company's stock valued at $595,000 after acquiring an additional 19,496 shares during the last quarter. Kingswood Wealth Advisors LLC grew its position in Golub Capital BDC by 39.9% in the first quarter. Kingswood Wealth Advisors LLC now owns 34,591 shares of the investment management company's stock valued at $526,000 after acquiring an additional 9,858 shares during the last quarter. Finally, Cornerstone Wealth Management LLC grew its position in Golub Capital BDC by 24.1% in the first quarter. Cornerstone Wealth Management LLC now owns 13,092 shares of the investment management company's stock valued at $198,000 after acquiring an additional 2,541 shares during the last quarter. Institutional investors own 42.38% 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.

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