Atria Investments LLC lifted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC – Get Rating) by 74.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 199,866 shares of the investment management company’s stock after purchasing an additional 85,315 shares during the period. Atria Investments LLC owned about 0.12% of Golub Capital BDC worth $2,476,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Neo Ivy Capital Management acquired a new position in shares of Golub Capital BDC during the second quarter worth $33,000. SeaCrest Wealth Management LLC acquired a new stake in Golub Capital BDC in the second quarter valued at $50,000. Castle Wealth Management LLC acquired a new stake in Golub Capital BDC in the second quarter valued at $53,000. Montag A & Associates Inc. raised its holdings in Golub Capital BDC by 30.8% in the second quarter. Montag A & Associates Inc. now owns 8,500 shares of the investment management company’s stock valued at $110,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in Golub Capital BDC in the second quarter valued at $131,000. 42.80% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on GBDC. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Thursday, January 5th. Wells Fargo & Company set a $14.50 price target on shares of Golub Capital BDC in a report on Thursday, November 24th.
Golub Capital BDC Stock Down 0.7 %
Golub Capital BDC (NASDAQ:GBDC – Get Rating) last issued its earnings results on Monday, November 21st. The investment management company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $119.65 million for the quarter, compared to analysts’ expectations of $111.40 million. Golub Capital BDC had a net margin of 39.57% and a return on equity of 8.15%. Equities analysts anticipate that Golub Capital BDC, Inc. will post 1.55 EPS for the current year.
Golub Capital BDC Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 29th. Shareholders of record on Friday, December 9th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 9.61%. This is a boost from Golub Capital BDC’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, December 8th. Golub Capital BDC’s dividend payout ratio is 146.67%.
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.
- Get a free copy of the StockNews.com research report on Golub Capital BDC (GBDC)
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