D.A. Davidson & CO. lifted its place in Golub Capital BDC, Inc. (NASDAQ:GBDC – Free Report) by 16.4% through the second quarter, in response to its most up-to-date Kind 13F submitting with the Securities and Trade Fee (SEC). The fund owned 223,101 shares of the funding administration firm’s inventory after buying an extra 31,497 shares through the interval. D.A. Davidson & CO. owned 0.13% of Golub Capital BDC value $3,505,000 as of its most up-to-date submitting with the Securities and Trade Fee (SEC).
A number of different giant traders have additionally lately made adjustments to their positions in GBDC. Waterloo Capital L.P. bought a brand new stake in Golub Capital BDC through the 4th quarter valued at about $1,304,000. SG Americas Securities LLC bought a brand new stake in shares of Golub Capital BDC within the first quarter valued at roughly $878,000. Baillie Gifford & Co. elevated its holdings in shares of Golub Capital BDC by 37.5% within the first quarter. Baillie Gifford & Co. now owns 307,486 shares of the funding administration firm’s inventory valued at $5,113,000 after buying an extra 83,787 shares over the past quarter. Quest Companions LLC bought a brand new place in Golub Capital BDC through the fourth quarter value roughly $1,029,000. Lastly, Abundance Wealth Counselors lifted its place in Golub Capital BDC by 289.2% through the second quarter. Abundance Wealth Counselors now owns 187,345 shares of the funding administration firm’s inventory value $2,943,000 after shopping for an extra 139,212 shares within the final quarter. 42.38% of the inventory is at the moment owned by hedge funds and different institutional traders.
Golub Capital BDC Buying and selling Up 0.1 %
Shares of GBDC inventory opened at $14.90 on Wednesday. The corporate has a 50-day shifting common of $15.22 and a two-hundred day shifting common of $15.90. The agency has a market cap of $2.56 billion, a PE ratio of seven.34 and a beta of 0.52. Golub Capital BDC, Inc. has a 1-year low of $13.95 and a 1-year excessive of $17.72. The corporate has a debt-to-equity ratio of 1.06, a present ratio of 5.01 and a fast ratio of 5.01.
Golub Capital BDC (NASDAQ:GBDC – Get Free Report) final issued its quarterly earnings outcomes on Monday, August fifth. The funding administration firm reported $0.48 EPS for the quarter, lacking the consensus estimate of $0.49 by ($0.01). The enterprise had income of $171.27 million through the quarter, in comparison with analysts’ expectations of $205.24 million. Golub Capital BDC had a web margin of 42.14% and a return on fairness of 11.99%. Throughout the identical interval within the prior yr, the enterprise earned $0.44 EPS. On common, analysts predict that Golub Capital BDC, Inc. will put up 1.92 EPS for the present yr.
Golub Capital BDC Publicizes Dividend
The corporate additionally lately declared a quarterly dividend, which will likely be paid on Friday, September twenty seventh. Buyers of document on Friday, August thirtieth will likely be paid a $0.39 dividend. The ex-dividend date is Friday, August thirtieth. This represents a $1.56 dividend on an annualized foundation and a yield of 10.47%. Golub Capital BDC’s dividend payout ratio is at the moment 76.85%.
Insider Transactions at Golub Capital BDC
In associated information, CEO David Golub bought 450,000 shares of the corporate’s inventory in a transaction on Tuesday, June eleventh. The shares had been purchased at a mean price of $16.03 per share, for a complete transaction of $7,213,500.00. Following the completion of the acquisition, the chief govt officer now immediately owns 1,718,880 shares of the corporate’s inventory, valued at roughly $27,553,646.40. The acquisition was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by this hyperlink. In different information, Director Anita J. Rival acquired 26,000 shares of the agency’s inventory in a transaction dated Thursday, August eighth. The inventory was acquired at a mean price of $14.40 per share, with a complete worth of $374,400.00. Following the completion of the acquisition, the director now owns 95,000 shares of the corporate’s inventory, valued at $1,368,000. The acquisition was disclosed in a authorized submitting with the SEC, which is accessible by this hyperlink. Additionally, CEO David Golub acquired 450,000 shares of the inventory in a transaction on Tuesday, June eleventh. The shares had been acquired at a mean price of $16.03 per share, for a complete transaction of $7,213,500.00. Following the completion of the transaction, the chief govt officer now immediately owns 1,718,880 shares within the firm, valued at roughly $27,553,646.40. The disclosure for this buy might be discovered right here. Within the final three months, insiders purchased 707,015 shares of firm inventory valued at $11,199,138. Insiders personal 2.70% of the corporate’s inventory.
Analysts Set New Worth Targets
A number of analysts have issued stories on the corporate. Wells Fargo & Firm dropped their goal value on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” ranking for the corporate in a report on Wednesday, August seventh. StockNews.com minimize shares of Golub Capital BDC from a “purchase” ranking to a “maintain” ranking in a analysis report on Wednesday, July twenty fourth. Keefe, Bruyette & Woods decreased their goal value on shares of Golub Capital BDC from $17.50 to $16.50 and set an “outperform” ranking on the inventory in a report on Wednesday, August seventh. Oppenheimer reissued an “outperform” ranking and issued a $17.00 value goal on shares of Golub Capital BDC in a analysis be aware on Wednesday, August seventh. Lastly, Raymond James lowered shares of Golub Capital BDC from an “outperform” ranking to a “market carry out” ranking in a analysis report on Wednesday, Could eighth. Three funding analysts have rated the inventory with a maintain ranking and three have issued a purchase ranking to the corporate. In line with knowledge from MarketBeat, Golub Capital BDC presently has a mean ranking of “Average Purchase” and a mean goal value of $16.40.
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Golub Capital BDC Firm Profile
Golub Capital BDC, Inc (GBDC) is a enterprise growth firm and operates as an externally managed closed-end non-diversified administration funding firm. It invests in debt and minority fairness investments in middle-market corporations which can be, typically, sponsored by personal fairness traders.
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