Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Purchased by Shikiar Asset Management Inc.

Shikiar Asset Management Inc. boosted its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 187.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,380 shares of the investment management company's stock after acquiring an additional 223,300 shares during the period. Golub Capital BDC accounts for approximately 1.6% of Shikiar Asset Management Inc.'s investment portfolio, making the stock its 22nd biggest position. Shikiar Asset Management Inc. owned about 0.20% of Golub Capital BDC worth $5,170,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Neo Ivy Capital Management acquired a new position in Golub Capital BDC in the 2nd quarter valued at about $30,000. Private Trust Co. NA boosted its holdings 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 purchasing an additional 2,000 shares during the last quarter. State of Wyoming acquired a new position in Golub Capital BDC in the 2nd quarter valued at about $84,000. BNP Paribas Arbitrage SNC acquired a new position in Golub Capital BDC in the 1st quarter valued at about $102,000. Finally, Family Management Corp acquired a new position in Golub Capital BDC in the 4th quarter valued at about $144,000. Hedge funds and other institutional investors own 42.38% of the company's stock.

Golub Capital BDC Stock Up 1.3 %

GBDC traded up $0.21 during trading hours on Friday, hitting $16.80. 729,979 shares of the company's stock were exchanged, 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 firm has a 50 day moving average of $16.10 and a 200 day moving average of $15.35. The firm has a market cap of $2.88 billion, a P/E ratio of 9.23 and a beta of 0.57. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 1.20.

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

Golub Capital BDC Announces Dividend

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

Wall Street Analysts Forecast Growth

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

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.