33,668 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Acquired by Virtu Financial LLC

Virtu Financial LLC bought a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 4th quarter, Holdings Channel.com reports. The fund bought 33,668 shares of the investment management company’s stock, valued at approximately $510,000.

Several other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. increased its position in shares of Golub Capital BDC by 413.1% in the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company’s stock valued at $36,000 after buying an additional 1,921 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Golub Capital BDC by 36.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock worth $47,000 after acquiring an additional 827 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new stake in shares of Golub Capital BDC during the fourth quarter worth about $160,000. Empowered Funds LLC bought a new position in shares of Golub Capital BDC during the 4th quarter valued at about $173,000. Finally, Avantax Advisory Services Inc. acquired a new position in shares of Golub Capital BDC in the 4th quarter valued at approximately $179,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $16.17.

Golub Capital BDC Trading Up 0.9 %

Shares of NASDAQ:GBDC opened at $15.32 on Wednesday. Golub Capital BDC, Inc. has a one year low of $14.05 and a one year high of $17.72. The stock has a market capitalization of $4.07 billion, a PE ratio of 11.10 and a beta of 0.50. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. The company’s 50-day moving average price is $15.40 and its two-hundred day moving average price is $15.26.

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 (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%. On average, equities analysts forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC’s dividend payout ratio (DPR) is presently 113.04%.

Golub Capital BDC 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.