Barings BDC, Inc. (NYSE:BBDC) CFO Elizabeth A. Murray Acquires 2,000 Shares

Barings BDC, Inc. (NYSE:BBDC) CFO Elizabeth A. Murray purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were purchased at an average cost of $9.70 per share, for a total transaction of $19,400.00. Following the completion of the transaction, the chief financial officer now owns 20,805 shares in the company, valued at approximately $201,808.50. This represents a 10.64 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Barings BDC Price Performance

Shares of NYSE BBDC opened at $9.71 on Friday. Barings BDC, Inc. has a 1-year low of $8.55 and a 1-year high of $10.38. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. The business’s fifty day moving average price is $9.86 and its two-hundred day moving average price is $9.87. The firm has a market capitalization of $1.02 billion, a PE ratio of 8.99 and a beta of 0.68.

Barings BDC (NYSE:BBDC) last issued its earnings results on Wednesday, November 6th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Barings BDC had a return on equity of 11.24% and a net margin of 39.59%. The company had revenue of $70.85 million during the quarter, compared to analyst estimates of $70.48 million. During the same period in the prior year, the business earned $0.31 earnings per share. On average, research analysts expect that Barings BDC, Inc. will post 1.24 EPS for the current year.

Barings BDC Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Wednesday, December 4th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 10.71%. The ex-dividend date was Wednesday, December 4th. Barings BDC’s dividend payout ratio is presently 96.30%.

Institutional Investors Weigh In On Barings BDC

Several large investors have recently added to or reduced their stakes in BBDC. Nomura Asset Management Co. Ltd. acquired a new stake in Barings BDC in the third quarter worth $26,000. nVerses Capital LLC increased its holdings in shares of Barings BDC by 50.0% during the third quarter. nVerses Capital LLC now owns 3,300 shares of the company’s stock valued at $32,000 after purchasing an additional 1,100 shares during the period. Asset Dedication LLC acquired a new position in shares of Barings BDC during the second quarter valued at $36,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Barings BDC during the second quarter valued at $86,000. Finally, Advisory Alpha LLC acquired a new position in shares of Barings BDC during the second quarter valued at $99,000. 44.09% of the stock is owned by institutional investors and hedge funds.

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.