GSA Capital Partners LLP raised its position in Golub Capital BDC Inc (NASDAQ:GBDC) by 103.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,313 shares of the investment management company’s stock after buying an additional 38,283 shares during the period. GSA Capital Partners LLP owned approximately 0.13% of Golub Capital BDC worth $1,412,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of GBDC. Schroder Investment Management Group boosted its stake in Golub Capital BDC by 1.6% in the 3rd quarter. Schroder Investment Management Group now owns 1,123,737 shares of the investment management company’s stock worth $21,070,000 after purchasing an additional 17,213 shares during the period. Crawford Investment Counsel Inc. boosted its stake in Golub Capital BDC by 10.8% in the 3rd quarter. Crawford Investment Counsel Inc. now owns 121,915 shares of the investment management company’s stock worth $2,286,000 after purchasing an additional 11,860 shares during the period. BlackRock Inc. boosted its stake in Golub Capital BDC by 7.9% in the 3rd quarter. BlackRock Inc. now owns 287,850 shares of the investment management company’s stock worth $5,397,000 after purchasing an additional 21,120 shares during the period. Northeast Financial Consultants Inc boosted its stake in Golub Capital BDC by 81.5% in the 3rd quarter. Northeast Financial Consultants Inc now owns 37,550 shares of the investment management company’s stock worth $704,000 after purchasing an additional 16,860 shares during the period. Finally, Cliffwater LLC boosted its stake in Golub Capital BDC by 71.5% in the 3rd quarter. Cliffwater LLC now owns 400,656 shares of the investment management company’s stock worth $7,512,000 after purchasing an additional 167,071 shares during the period. 36.68% of the stock is owned by institutional investors.
Golub Capital BDC stock opened at $18.42 on Friday. Golub Capital BDC Inc has a 52 week low of $17.35 and a 52 week high of $19.89. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.19 and a quick ratio of 2.19. The company has a market capitalization of $1.09 billion, a P/E ratio of 14.29, a PEG ratio of 6.97 and a beta of 0.55.
Golub Capital BDC (NASDAQ:GBDC) last released its earnings results on Wednesday, November 28th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.32. Golub Capital BDC had a net margin of 53.87% and a return on equity of 8.02%. The company had revenue of $40.40 million during the quarter, compared to the consensus estimate of $38.74 million. During the same quarter in the prior year, the firm earned $0.32 EPS. The company’s revenue was up 15.4% compared to the same quarter last year. Equities analysts forecast that Golub Capital BDC Inc will post 1.3 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Wednesday, December 12th will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, December 11th. This represents a $1.28 dividend on an annualized basis and a yield of 6.95%. Golub Capital BDC’s payout ratio is 99.22%.
A number of equities analysts recently commented on the stock. BidaskClub lowered shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Monday, December 3rd. Finally, National Securities raised their price objective on shares of Golub Capital BDC from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, November 30th.
About Golub Capital BDC
Golub Capital BDC, Inc 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. The company seeks to invest in the United States.
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