Union Bancaire Privee UBP SA Buys New Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Union Bancaire Privee UBP SA bought a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 4th quarter, Holdings Channel.com reports. The firm bought 39,891 shares of the investment management company’s stock, valued at approximately $605,000.

Several other institutional investors also recently bought and sold shares of the stock. Nicholas Hoffman & Company LLC. raised its position in Golub Capital BDC by 1.8% during the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company’s stock valued at $582,000 after purchasing an additional 664 shares during the last quarter. Sanctuary Advisors LLC raised its position in Golub Capital BDC by 1.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company’s stock valued at $1,101,000 after purchasing an additional 769 shares during the last quarter. Moors & Cabot Inc. raised its position in Golub Capital BDC by 2.3% during the 3rd quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company’s stock valued at $576,000 after purchasing an additional 875 shares during the last quarter. Mattern Wealth Management LLC raised its position in Golub Capital BDC by 7.7% during the 4th quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company’s stock valued at $212,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Allworth Financial LP raised its position in Golub Capital BDC by 135.6% during the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 1,347 shares during the last quarter. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Golub Capital BDC Stock Down 0.4 %

Shares of NASDAQ:GBDC opened at $15.77 on Tuesday. Golub Capital BDC, Inc. has a 52-week low of $14.05 and a 52-week high of $17.72. The firm has a market capitalization of $4.19 billion, a P/E ratio of 11.43 and a beta of 0.54. The stock has a 50 day moving average price of $15.42 and a 200-day moving average price of $15.22. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. As a group, equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 9.89%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC’s dividend payout ratio (DPR) is presently 113.04%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wells Fargo & Company lowered their price target on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 21st. StockNews.com lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Golub Capital BDC presently has an average rating of “Hold” and a consensus target price of $16.38.

About Golub Capital BDC

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.