Barings BDC (BBDC) Projected to Post Earnings on Thursday

Barings BDC (NYSE:BBDC) will likely be posting its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect Barings BDC to post earnings of $0.29 per share and revenue of $69.35 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Barings BDC Stock Performance

NYSE:BBDC opened at $10.35 on Wednesday. The firm has a market capitalization of $1.09 billion, a PE ratio of 9.58 and a beta of 0.69. The business’s fifty day moving average price is $9.75 and its 200 day moving average price is $9.82. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. Barings BDC has a 12 month low of $8.96 and a 12 month high of $10.40.

Insider Activity at Barings BDC

In other news, Director Stephen R. Byers acquired 8,485 shares of the company’s stock in a transaction 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 completion of the acquisition, the director now owns 50,001 shares in the company, valued at $486,509.73. This trade represents a 20.44 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael James O’connor sold 29,424 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was 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. Insiders have acquired 14,048 shares of company stock valued at $136,772 over the last quarter. 0.45% of the stock is owned by insiders.

About Barings BDC

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.