Golub Capital BDC (NASDAQ:GBDC) Upgraded at StockNews.com

Golub Capital BDC (NASDAQ:GBDC) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Separately, Wells Fargo & Company decreased their price target on shares of 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. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $16.38.

Golub Capital BDC Trading Up 0.3 %

NASDAQ GBDC opened at $15.01 on Wednesday. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. The stock’s 50-day simple moving average is $15.39 and its two-hundred day simple moving average is $15.25. Golub Capital BDC has a twelve month low of $14.05 and a twelve month high of $17.72. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 10.88 and a beta of 0.50.

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

Institutional Trading of Golub Capital BDC

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealthedge Investment Advisors LLC bought a new position in shares of Golub Capital BDC in the fourth quarter worth approximately $814,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Golub Capital BDC in the 4th quarter worth $3,832,000. United Advisor Group LLC grew its holdings in Golub Capital BDC by 9.5% in the 4th quarter. United Advisor Group LLC now owns 201,650 shares of the investment management company’s stock worth $3,057,000 after acquiring an additional 17,574 shares during the last quarter. Castlekeep Investment Advisors LLC purchased a new position in shares of Golub Capital BDC in the fourth quarter valued at about $1,235,000. Finally, Vise Technologies Inc. bought a new position in shares of Golub Capital BDC during the fourth quarter valued at about $243,000. Institutional investors own 42.38% of the company’s stock.

About Golub Capital BDC

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.