44,166 Shares in Golub Capital BDC, Inc. $GBDC Acquired by Kathmere Capital Management LLC

Kathmere Capital Management LLC acquired a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 44,166 shares of the investment management company’s stock, valued at approximately $559,000.

Other large investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in shares of Golub Capital BDC during the third quarter valued at $77,000. Clearstead Advisors LLC lifted its position in Golub Capital BDC by 48.6% in the 4th quarter. Clearstead Advisors LLC now owns 5,933 shares of the investment management company’s stock valued at $81,000 after purchasing an additional 1,941 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Golub Capital BDC by 104.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,447 shares of the investment management company’s stock valued at $87,000 after purchasing an additional 3,287 shares during the period. Allworth Financial LP boosted its stake in Golub Capital BDC by 213.5% during the 3rd quarter. Allworth Financial LP now owns 6,872 shares of the investment management company’s stock valued at $94,000 after purchasing an additional 4,680 shares during the period. Finally, SG Americas Securities LLC bought a new position in Golub Capital BDC in the 4th quarter worth about $109,000. 42.38% of the stock is owned by institutional investors and hedge funds.

Golub Capital BDC Stock Down 0.9%

GBDC stock opened at $12.75 on Wednesday. The firm has a market cap of $3.32 billion, a PE ratio of 16.56 and a beta of 0.39. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.20 and a quick ratio of 2.20. The firm has a 50 day simple moving average of $12.97 and a 200 day simple moving average of $12.96. Golub Capital BDC, Inc. has a 12 month low of $11.77 and a 12 month high of $15.63.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings data on Monday, May 4th. The investment management company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). The firm had revenue of ($5.28) million for the quarter, compared to analysts’ expectations of $201.71 million. Golub Capital BDC had a net margin of 24.64% and a return on equity of 10.20%. During the same period in the prior year, the company posted $0.30 earnings per share. Equities research analysts forecast that Golub Capital BDC, Inc. will post 1.36 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 15th were paid a $0.33 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 10.4%. Golub Capital BDC’s dividend payout ratio (DPR) is currently 171.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Zacks Research lowered shares of Golub Capital BDC from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 7th. Wall Street Zen lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Sunday, April 19th. Oppenheimer restated an “outperform” rating and issued a $14.00 target price on shares of Golub Capital BDC in a research report on Wednesday, May 6th. Royal Bank Of Canada cut their target price on Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Golub Capital BDC in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $14.00.

Golub Capital BDC Company Profile

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.