Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Bought by LGT Capital Partners LTD.

LGT Capital Partners LTD. boosted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 648,000 shares of the investment management company’s stock after buying an additional 70,811 shares during the period. LGT Capital Partners LTD. owned 0.25% of Golub Capital BDC worth $9,824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GBDC. Atria Investments Inc boosted its stake in Golub Capital BDC by 912.0% during the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company’s stock worth $14,907,000 after buying an additional 886,123 shares during the last quarter. Partners Group Holding AG boosted its stake in Golub Capital BDC by 48.2% during 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 buying an additional 648,855 shares during the last quarter. Northeast Financial Consultants Inc boosted its stake in Golub Capital BDC by 25.9% during 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 buying an additional 544,126 shares during the last quarter. Van ECK Associates Corp boosted its stake in Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock worth $68,555,000 after buying an additional 533,895 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Golub Capital BDC during the fourth quarter worth $4,470,000. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Stock Performance

NASDAQ GBDC opened at $15.03 on Friday. The stock has a market cap of $3.99 billion, a PE ratio of 10.89 and a beta of 0.50. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. The stock has a fifty day simple moving average of $15.45 and a 200-day simple moving average of $15.26.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings results 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 return on equity of 11.18% and a net margin of 39.63%. Equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 10.38%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC’s payout ratio is 113.04%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on GBDC shares. StockNews.com lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Wells Fargo & Company lowered their price target on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $16.38.

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.