Commonwealth Equity Services LLC Raises Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Commonwealth Equity Services LLC lifted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 7.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 116,328 shares of the investment management company’s stock after acquiring an additional 7,727 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Golub Capital BDC were worth $1,764,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GBDC. Barclays PLC increased its stake in shares of Golub Capital BDC by 45.5% in the third quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock worth $2,873,000 after purchasing an additional 59,443 shares in the last quarter. Eagle Bay Advisors LLC grew its stake in Golub Capital BDC by 82.1% in the 4th quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock valued at $2,783,000 after buying an additional 82,787 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Golub Capital BDC by 30.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company’s stock valued at $1,744,000 after acquiring an additional 26,764 shares during the period. Wealthspire Advisors LLC purchased a new stake in shares of Golub Capital BDC during the fourth quarter worth $296,000. Finally, Franklin Resources Inc. boosted its holdings in shares of Golub Capital BDC by 32.2% in the third quarter. Franklin Resources Inc. now owns 404,865 shares of the investment management company’s stock worth $6,134,000 after acquiring an additional 98,685 shares during the period. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $16.17.

Golub Capital BDC Stock Performance

Golub Capital BDC stock opened at $15.25 on Friday. Golub Capital BDC, Inc. has a 1-year low of $14.05 and a 1-year high of $17.72. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $4.05 billion, a PE ratio of 11.05 and a beta of 0.50. The firm’s 50 day simple moving average is $15.40 and its 200 day simple moving average is $15.27.

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

Golub Capital BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.56 annualized dividend and a dividend yield of 10.23%. Golub Capital BDC’s dividend payout ratio is currently 113.04%.

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.