Mercer Global Advisors Inc. ADV bought a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 49,694 shares of the investment management company's stock, valued at approximately $753,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in Golub Capital BDC by 413.1% in the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company's stock valued at $36,000 after acquiring an additional 1,921 shares during the last quarter. Optiver Holding B.V. lifted its holdings in Golub Capital BDC by 28.7% in the 4th quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company's stock valued at $47,000 after acquiring an additional 688 shares during the last quarter. Parkside Financial Bank & Trust lifted 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 stake in Golub Capital BDC in the 4th quarter valued at about $50,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in Golub Capital BDC in the 4th quarter valued at about $160,000. Institutional investors own 42.38% of the company's stock.
Golub Capital BDC Price Performance
GBDC stock opened at $14.49 on Monday. 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, Inc. has a one year low of $12.68 and a one year high of $16.89. The firm has a market capitalization of $3.86 billion, a PE ratio of 10.50 and a beta of 0.55. The firm has a 50-day moving average of $14.45 and a two-hundred day moving average of $15.06.
Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The investment management company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. The firm had revenue of $211.10 million for the quarter, compared to analysts' expectations of $223.89 million. During the same period in the prior year, the company posted $0.55 earnings per share. On average, analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.
Golub Capital BDC Announces Dividend
The business also recently declared 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 dividend on an annualized basis and a dividend yield of 10.77%. The ex-dividend date of this dividend is Friday, June 13th. Golub Capital BDC's dividend payout ratio (DPR) is 138.05%.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on GBDC. StockNews.com raised shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. 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 for the company in a report on Monday, April 28th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating for the company in a report on Tuesday, April 8th.
Read Our Latest Stock Analysis on Golub Capital BDC
Golub Capital BDC Company Profile
(
Free Report)
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.
Further Reading
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