Mercer Global Advisors Inc. ADV Acquires Shares of 49,694 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Mercer Global Advisors Inc. ADV acquired a new position in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,694 shares of the investment management company's stock, valued at approximately $753,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Blue Trust Inc. lifted its stake in shares of 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 worth $36,000 after acquiring an additional 1,921 shares during the period. Optiver Holding B.V. lifted its position in Golub Capital BDC by 28.7% in the fourth quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company's stock worth $47,000 after purchasing an additional 688 shares during the period. Parkside Financial Bank & Trust boosted its stake 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 valued at $47,000 after purchasing an additional 827 shares in the last quarter. Hurley Capital LLC acquired a new position in shares of Golub Capital BDC during the 4th quarter valued at $50,000. Finally, Cornerstone Wealth Management LLC bought a new stake in shares of Golub Capital BDC in the 4th quarter worth $160,000. Institutional investors own 42.38% of the company's stock.

Golub Capital BDC Trading Up 0.4%

Shares of GBDC traded up $0.06 during midday trading on Friday, hitting $15.00. The stock had a trading volume of 336,547 shares, compared to its average volume of 1,445,683. The business has a 50-day simple moving average of $14.45 and a two-hundred day simple moving average of $15.05. The firm has a market cap of $3.99 billion, a P/E ratio of 10.87 and a beta of 0.55. 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 fifty-two week low of $12.68 and a fifty-two week high of $16.76.

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 return on equity of 11.18% and a net margin of 39.63%. The firm had revenue of $211.10 million during the quarter, compared to analyst estimates of $223.89 million. During the same period in the prior year, the business posted $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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 10.40%. The ex-dividend date of this dividend is Friday, June 13th. Golub Capital BDC's dividend payout ratio is currently 138.05%.

Analysts Set New Price Targets

GBDC has been the topic of a number of research analyst reports. StockNews.com raised Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Wells Fargo & Company dropped their target price on shares of Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday, April 28th. Keefe, Bruyette & Woods reduced their target price 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. Finally, Bank of America dropped their price target on Golub Capital BDC from $16.50 to $15.50 and set a "buy" rating on the stock in a report on Monday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Golub Capital BDC presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.50.

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.