Stifel Financial Corp Has $7.58 Million Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Stifel Financial Corp increased its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 24.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 500,246 shares of the investment management company's stock after buying an additional 99,755 shares during the period. Stifel Financial Corp owned 0.19% of Golub Capital BDC worth $7,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Blue Trust Inc. increased its stake in Golub Capital BDC by 413.1% in the fourth 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. Parkside Financial Bank & Trust boosted its holdings in shares of 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 purchasing an additional 827 shares in the last quarter. Hurley Capital LLC bought a new position in shares of Golub Capital BDC in the 4th quarter valued at $50,000. Cornerstone Wealth Management LLC acquired a new position in shares of Golub Capital BDC during the 4th quarter worth $160,000. Finally, Empowered Funds LLC bought a new stake in shares of Golub Capital BDC during the 4th quarter worth $173,000. 42.38% of the stock is currently owned by institutional investors.

Golub Capital BDC Trading Up 1.9 %

NASDAQ GBDC traded up $0.27 during trading hours on Friday, reaching $14.33. The company's stock had a trading volume of 1,098,533 shares, compared to its average volume of 1,430,620. The firm has a fifty day simple moving average of $14.57 and a 200-day simple moving average of $15.10. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $17.12. The stock has a market cap of $3.80 billion, a P/E ratio of 10.38 and a beta of 0.33.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. Equities analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 10.89%. Golub Capital BDC's payout ratio is 113.04%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GBDC. Keefe, Bruyette & Woods dropped 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. StockNews.com lowered shares of Golub Capital BDC from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. Finally, Wells Fargo & Company dropped their price target on Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating for the company in a research note on Monday, April 28th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $15.50.

Golub Capital BDC Company 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.