Golub Capital BDC, Inc. (NASDAQ:GBDC) Holdings Raised by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 517.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,043 shares of the investment management company’s stock after purchasing an additional 72,117 shares during the quarter. BNP Paribas Financial Markets’ holdings in Golub Capital BDC were worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of GBDC. Partners Group Holding AG grew its position in Golub Capital BDC by 48.2% during the 3rd quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after purchasing an additional 648,855 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of Golub Capital BDC by 12.6% in the third quarter. D.A. Davidson & CO. now owns 251,132 shares of the investment management company’s stock worth $3,795,000 after buying an additional 28,031 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Golub Capital BDC by 70.0% during the third quarter. The Manufacturers Life Insurance Company now owns 60,162 shares of the investment management company’s stock valued at $909,000 after buying an additional 24,780 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Golub Capital BDC in the 3rd quarter valued at about $3,486,000. Finally, Truvestments Capital LLC grew its position in Golub Capital BDC by 3.7% during the third quarter. Truvestments Capital LLC now owns 158,984 shares of the investment management company’s stock valued at $2,402,000 after purchasing an additional 5,697 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on GBDC shares. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Wells Fargo & Company reduced their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $16.40.

Golub Capital BDC Stock Down 2.1 %

NASDAQ GBDC opened at $15.14 on Tuesday. The stock has a market capitalization of $4.00 billion, a P/E ratio of 10.74 and a beta of 0.54. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73. The stock has a fifty day moving average of $15.32 and a 200-day moving average of $15.33.

Golub Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 9th will be paid a $0.39 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.30%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 110.64%.

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.