Golub Capital BDC, Inc. (NASDAQ:GBDC) Stock Holdings Lifted by LSV Asset Management

LSV Asset Management raised its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 5.6% in the fourth quarter, Holdings Channel reports. The firm owned 1,305,018 shares of the investment management company’s stock after buying an additional 68,700 shares during the period. LSV Asset Management’s holdings in Golub Capital BDC were worth $19,784,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp increased its holdings in Golub Capital BDC by 13.4% in the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock worth $68,555,000 after buying an additional 533,895 shares during the last quarter. Sound Income Strategies LLC grew its position in Golub Capital BDC by 6.0% in the fourth quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company’s stock worth $46,320,000 after acquiring an additional 172,519 shares in the last quarter. Sage Mountain Advisors LLC increased its stake in shares of Golub Capital BDC by 38.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company’s stock worth $38,043,000 after purchasing an additional 701,594 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Golub Capital BDC by 2.1% during the 4th quarter. JPMorgan Chase & Co. now owns 2,385,828 shares of the investment management company’s stock valued at $36,169,000 after purchasing an additional 49,519 shares in the last quarter. Finally, Atria Investments Inc lifted its stake in shares of Golub Capital BDC by 912.0% in the 4th quarter. Atria Investments Inc now owns 983,286 shares of the investment management company’s stock valued at $14,907,000 after purchasing an additional 886,123 shares during the last quarter. 42.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on GBDC. Keefe, Bruyette & Woods lowered their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set an “outperform” rating on the stock in a research report on Tuesday, April 8th. StockNews.com downgraded Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.83.

Golub Capital BDC Stock Performance

Shares of GBDC opened at $13.68 on Friday. The company has a market capitalization of $3.63 billion, a PE ratio of 9.91 and a beta of 0.33. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. Golub Capital BDC, Inc. has a one year low of $12.68 and a one year high of $17.72. The company’s fifty day moving average price is $15.05 and its 200 day moving average price is $15.20.

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

Golub Capital BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were given a $0.39 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.56 annualized dividend and a dividend yield of 11.40%. Golub Capital BDC’s dividend payout ratio is 113.04%.

Golub Capital BDC Profile

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.