Jackson Hole Capital Partners LLC Makes New $115,000 Investment in Barings BDC, Inc. (NYSE:BBDC)

Jackson Hole Capital Partners LLC bought a new position in Barings BDC, Inc. (NYSE:BBDC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,055 shares of the company’s stock, valued at approximately $115,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Financial Corp boosted its position in Barings BDC by 1.6% in the third quarter. Stifel Financial Corp now owns 64,110 shares of the company’s stock worth $628,000 after purchasing an additional 1,017 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in shares of Barings BDC by 2.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 47,158 shares of the company’s stock worth $451,000 after buying an additional 1,282 shares during the period. Steward Partners Investment Advisory LLC raised its stake in shares of Barings BDC by 4.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,478 shares of the company’s stock worth $378,000 after buying an additional 1,565 shares during the period. Stephens Inc. AR raised its stake in shares of Barings BDC by 11.2% in the fourth quarter. Stephens Inc. AR now owns 19,133 shares of the company’s stock worth $183,000 after buying an additional 1,930 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Barings BDC by 393.7% in the third quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company’s stock worth $25,000 after buying an additional 2,059 shares during the period. 44.09% of the stock is owned by hedge funds and other institutional investors.

Barings BDC Stock Up 1.4 %

NYSE BBDC opened at $9.77 on Monday. The stock’s 50-day moving average price is $9.95 and its 200-day moving average price is $9.87. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.37. Barings BDC, Inc. has a 52 week low of $8.96 and a 52 week high of $10.85. The company has a market capitalization of $1.03 billion, a P/E ratio of 9.39 and a beta of 0.66.

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

Barings BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 10.65%. The ex-dividend date of this dividend is Wednesday, March 5th. Barings BDC’s dividend payout ratio (DPR) is presently 100.00%.

Insider Activity at Barings BDC

In other Barings BDC news, Director Stephen R. Byers bought 8,485 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average price of $9.73 per share, with a total value of $82,559.05. Following the purchase, the director now owns 50,001 shares of the company’s stock, valued at $486,509.73. This trade represents a 20.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael James O’connor sold 29,424 shares of Barings BDC stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $9.70, for a total value of $285,412.80. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 14,048 shares of company stock valued at $136,772. 0.45% of the stock is owned by company insiders.

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.