Golub Capital BDC, Inc. (NASDAQ:GBDC) is Lindbrook Capital LLC's 3rd Largest Position

Lindbrook Capital LLC lessened its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 6.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,693,547 shares of the investment management company's stock after selling 301,558 shares during the period. Golub Capital BDC makes up approximately 7.1% of Lindbrook Capital LLC's holdings, making the stock its 3rd largest holding. Lindbrook Capital LLC owned approximately 2.77% of Golub Capital BDC worth $70,873,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Neo Ivy Capital Management bought a new position in Golub Capital BDC in the 2nd quarter valued at $30,000. Private Trust Co. NA grew its position in Golub Capital BDC by 1,005.0% in the 4th quarter. Private Trust Co. NA now owns 2,199 shares of the investment management company's stock valued at $33,000 after acquiring an additional 2,000 shares during the last quarter. State of Wyoming bought a new position in Golub Capital BDC in the 2nd quarter valued at $84,000. BNP Paribas Arbitrage SNC bought a new position in Golub Capital BDC in the 1st quarter valued at $102,000. Finally, Family Management Corp bought a new position in Golub Capital BDC in the 4th quarter valued at $144,000. Hedge funds and other institutional investors own 42.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GBDC shares. Raymond James upped their price objective on Golub Capital BDC from $16.00 to $16.50 and gave the company an "outperform" rating in a research report on Tuesday, January 23rd. StockNews.com downgraded Golub Capital BDC from a "buy" rating to a "hold" rating in a research report on Friday, March 29th. Wells Fargo & Company increased their price target on Golub Capital BDC from $15.00 to $15.50 and gave the stock an "equal weight" rating in a research report on Monday, January 29th. Finally, Bank of America raised Golub Capital BDC from a "neutral" rating to a "buy" rating and set a $17.00 price target on the stock in a research report on Monday, March 25th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $16.40.

Golub Capital BDC Stock Up 1.3 %

GBDC stock traded up $0.21 during trading on Friday, reaching $16.80. 729,979 shares of the company traded hands, compared to its average volume of 735,401. Golub Capital BDC, Inc. has a 12 month low of $12.77 and a 12 month high of $16.83. The business has a 50 day simple moving average of $16.10 and a 200 day simple moving average of $15.34. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 9.23 and a beta of 0.57. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.15 and a current ratio of 3.15.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings data on Monday, February 5th. The investment management company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.01). Golub Capital BDC had a net margin of 48.94% and a return on equity of 12.53%. The company had revenue of $164.77 million for the quarter, compared to the consensus estimate of $160.93 million. On average, equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.95 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 15th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, February 14th. Golub Capital BDC's payout ratio is currently 85.71%.

Golub Capital BDC Profile

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.