Mutual Advisors LLC Has $167,000 Stock Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Mutual Advisors LLC trimmed its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,868 shares of the investment management company’s stock after selling 1,222 shares during the period. Mutual Advisors LLC’s holdings in Golub Capital BDC were worth $167,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GBDC. Millennium Management LLC lifted its stake in shares of Golub Capital BDC by 1,170.6% in the second quarter. Millennium Management LLC now owns 786,569 shares of the investment management company’s stock worth $12,357,000 after acquiring an additional 724,662 shares during the period. Partners Group Holding AG lifted its stake in shares of Golub Capital BDC by 48.2% in the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after acquiring an additional 648,855 shares during the period. LGT Capital Partners LTD. acquired a new position in shares of Golub Capital BDC in the third quarter worth approximately $8,721,000. Northeast Financial Consultants Inc lifted its stake in shares of Golub Capital BDC by 25.9% in the third quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock worth $40,016,000 after acquiring an additional 544,126 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Golub Capital BDC by 13.5% in the third quarter. Van ECK Associates Corp now owns 3,988,219 shares of the investment management company’s stock worth $61,458,000 after acquiring an additional 475,196 shares during the period. 42.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on GBDC. Wells Fargo & Company cut their price objective on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 21st. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $16.38.

Golub Capital BDC Trading Down 1.9 %

Shares of GBDC stock opened at $15.45 on Thursday. The company has a market cap of $4.08 billion, a P/E ratio of 10.96 and a beta of 0.53. The stock has a 50 day simple moving average of $15.27 and a two-hundred day simple moving average of $15.16. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72.

Golub Capital BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 9th were issued a $0.39 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.56 dividend on an annualized basis and a yield of 10.10%. Golub Capital BDC’s payout ratio is currently 110.64%.

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.