Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Purchased by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC grew its position in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,172,722 shares of the investment management company's stock after purchasing an additional 106,411 shares during the quarter. Golub Capital BDC comprises approximately 3.8% of Sage Mountain Advisors LLC's investment portfolio, making the stock its 7th biggest position. Sage Mountain Advisors LLC owned about 1.28% of Golub Capital BDC worth $32,808,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA grew its position in Golub Capital BDC by 1,005.0% during the fourth quarter. Private Trust Co. NA now owns 2,199 shares of the investment management company's stock worth $33,000 after buying an additional 2,000 shares in the last quarter. Latitude Advisors LLC bought a new position in shares of Golub Capital BDC in the 4th quarter valued at $152,000. Perigon Wealth Management LLC bought a new position in shares of Golub Capital BDC in the 4th quarter valued at $156,000. Kelleher Financial Advisors lifted its stake in shares of Golub Capital BDC by 16.2% in the 3rd quarter. Kelleher Financial Advisors now owns 11,786 shares of the investment management company's stock valued at $173,000 after acquiring an additional 1,640 shares during the last quarter. Finally, NBT Bank N A NY bought a new position in Golub Capital BDC during the 3rd quarter worth $180,000. Institutional investors and hedge funds own 42.38% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on GBDC shares. Raymond James increased their price target on 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 lifted their target price on shares of 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. StockNews.com cut shares of Golub Capital BDC from a "buy" rating to a "hold" rating in a report on Friday, March 29th. Finally, Bank of America raised shares of Golub Capital BDC from a "neutral" rating to a "buy" rating and set a $17.00 price target on the stock in a report on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $16.40.

Golub Capital BDC Stock Performance

GBDC stock traded up $0.31 during midday trading on Monday, reaching $17.11. 928,447 shares of the company's stock traded hands, compared to its average volume of 865,045. The company has a 50-day moving average price of $16.13 and a two-hundred day moving average price of $15.37. The firm has a market capitalization of $2.93 billion, a PE ratio of 9.40 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, Inc. has a 52 week low of $12.77 and a 52 week high of $17.16.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last released its quarterly earnings results on Monday, February 5th. The investment management company reported $0.50 EPS 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 firm had revenue of $164.77 million for the quarter, compared to analysts' expectations of $160.93 million. As a group, equities analysts anticipate that Golub Capital BDC, Inc. will post 1.95 EPS for the current year.

Golub Capital BDC Announces Dividend

The business also recently announced a Variable dividend, which was paid on Friday, March 15th. Investors 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 (DPR) is presently 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.