BluePointe Capital Management LLC Acquires 4,355 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

BluePointe Capital Management LLC raised its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 103,140 shares of the investment management company’s stock after acquiring an additional 4,355 shares during the quarter. BluePointe Capital Management LLC’s holdings in Golub Capital BDC were worth $1,564,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Partners Group Holding AG boosted its position in shares of Golub Capital BDC by 48.2% in the 3rd quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after purchasing an additional 648,855 shares during the last quarter. Barclays PLC lifted its stake in Golub Capital BDC by 45.5% in the third quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock valued at $2,873,000 after buying an additional 59,443 shares during the period. Eagle Bay Advisors LLC boosted its holdings in Golub Capital BDC by 82.1% during the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock worth $2,783,000 after buying an additional 82,787 shares during the last quarter. BBR Partners LLC acquired a new position in shares of Golub Capital BDC during the 3rd quarter worth about $655,000. Finally, Janney Montgomery Scott LLC increased its stake in shares of Golub Capital BDC by 30.3% in 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 last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wells Fargo & Company reduced their price objective 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. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.38.

Golub Capital BDC Stock Up 0.1 %

Golub Capital BDC stock opened at $15.02 on Thursday. The company has a 50 day moving average of $15.39 and a 200-day moving average of $15.25. The company has a quick ratio of 2.94, a current 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 market capitalization of $3.99 billion, a PE ratio of 10.88 and a beta of 0.50.

Golub Capital BDC (NASDAQ:GBDC) last announced its 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%. On average, equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be issued a dividend of $0.39 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.39%. Golub Capital BDC’s payout ratio is presently 113.04%.

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.