Lindbrook Capital LLC Has $52.32 Million Stock Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Lindbrook Capital LLC decreased its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,462,335 shares of the investment management company’s stock after selling 89,750 shares during the quarter. Golub Capital BDC accounts for about 4.6% of Lindbrook Capital LLC’s investment portfolio, making the stock its 4th biggest position. Lindbrook Capital LLC’s holdings in Golub Capital BDC were worth $52,316,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Hexagon Capital Partners LLC lifted its position in Golub Capital BDC by 171.5% in the third quarter. Hexagon Capital Partners LLC now owns 2,145 shares of the investment management company’s stock worth $32,000 after purchasing an additional 1,355 shares during the period. Allworth Financial LP increased its holdings in Golub Capital BDC by 135.6% in the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company’s stock valued at $35,000 after buying an additional 1,347 shares during the period. Cove Street Capital LLC acquired a new position in shares of Golub Capital BDC in the 2nd quarter valued at $39,000. Quarry LP bought a new position in shares of Golub Capital BDC during the 2nd quarter worth about $61,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of Golub Capital BDC during the 2nd quarter valued at about $71,000. Institutional investors and hedge funds own 42.38% of the company’s stock.

Insider Buying and Selling at Golub Capital BDC

In other Golub Capital BDC news, CEO David Golub bought 20,000 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were bought at an average price of $14.70 per share, for a total transaction of $294,000.00. Following the completion of the acquisition, the chief executive officer now owns 1,758,880 shares of the company’s stock, valued at approximately $25,855,536. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last quarter, insiders acquired 120,000 shares of company stock worth $1,785,000. 2.70% of the stock is currently owned by insiders.

Golub Capital BDC Stock Up 0.1 %

Shares of GBDC opened at $15.38 on Friday. The business’s 50 day simple moving average is $15.09 and its 200-day simple moving average is $15.55. Golub Capital BDC, Inc. has a one year low of $14.05 and a one year high of $17.72. The company has a market capitalization of $2.64 billion, a P/E ratio of 9.32 and a beta of 0.54. The company has a debt-to-equity ratio of 1.06, a current ratio of 5.01 and a quick ratio of 5.01.

Analyst Upgrades and Downgrades

GBDC has been the subject of several recent research reports. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Thursday, October 10th. Oppenheimer restated an “outperform” rating and set a $17.00 target price on shares of Golub Capital BDC in a research report on Wednesday, August 7th. Keefe, Bruyette & Woods decreased their price target on Golub Capital BDC from $17.50 to $16.50 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. Finally, Wells Fargo & Company increased their price objective on Golub Capital BDC from $15.00 to $15.50 and gave the stock an “equal weight” rating in a research note on Tuesday, October 29th. Three equities research 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

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.