Ausdal Financial Partners Inc. Has $264,000 Position in Barings BDC, Inc. (NYSE:BBDC)

Ausdal Financial Partners Inc. raised its holdings in Barings BDC, Inc. (NYSE:BBDC) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,606 shares of the company’s stock after acquiring an additional 3,601 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Barings BDC were worth $264,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BBDC. JPMorgan Chase & Co. lifted its stake in shares of Barings BDC by 393.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company’s stock valued at $25,000 after purchasing an additional 2,059 shares during the last quarter. Lee Danner & Bass Inc. acquired a new stake in shares of Barings BDC in the fourth quarter worth about $25,000. Nomura Asset Management Co. Ltd. bought a new stake in shares of Barings BDC during the 3rd quarter worth about $26,000. Entropy Technologies LP acquired a new position in shares of Barings BDC during the 4th quarter valued at about $98,000. Finally, MML Investors Services LLC bought a new position in shares of Barings BDC in the 3rd quarter valued at approximately $99,000. 44.09% of the stock is owned by institutional investors.

Barings BDC Stock Down 0.4 %

Shares of Barings BDC stock opened at $9.62 on Friday. Barings BDC, Inc. has a 12-month low of $8.95 and a 12-month high of $10.85. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $9.82. The stock has a market capitalization of $1.01 billion, a P/E ratio of 9.25 and a beta of 0.66.

Barings BDC (NYSE:BBDC) last posted its earnings results on Thursday, February 20th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Barings BDC had a net margin of 38.54% and a return on equity of 10.94%. The firm had revenue of $70.63 million during the quarter, compared to analyst estimates of $69.35 million. Equities analysts expect that Barings BDC, Inc. will post 1.13 earnings per share for the current year.

Barings BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 5th. This represents a $1.04 annualized dividend and a yield of 10.81%. Barings BDC’s payout ratio is 100.00%.

Barings BDC Company Profile

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.