Golub Capital BDC, Inc. (NASDAQ:GBDC) Given Consensus Rating of “Moderate Buy” by Analysts

Golub Capital BDC, Inc. (NASDAQ:GBDCGet Free Report) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $16.40.

A number of brokerages have recently issued reports on GBDC. Bank of America upgraded Golub Capital BDC from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Monday, March 25th. Raymond James lowered shares of Golub Capital BDC from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 8th. Finally, StockNews.com downgraded shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a research note on Friday, March 29th.

Read Our Latest Analysis on GBDC

Institutional Investors Weigh In On Golub Capital BDC

A number of large investors have recently bought and sold shares of the stock. Private Trust Co. NA boosted its position in shares of Golub Capital BDC by 1,005.0% during the 4th quarter. Private Trust Co. NA now owns 2,199 shares of the investment management company’s stock worth $33,000 after purchasing an additional 2,000 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Golub Capital BDC in the first quarter valued at approximately $38,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of Golub Capital BDC by 77.1% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 3,463 shares of the investment management company’s stock valued at $52,000 after acquiring an additional 1,508 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Golub Capital BDC by 39.1% during the first quarter. BNP Paribas Financial Markets now owns 6,898 shares of the investment management company’s stock worth $115,000 after purchasing an additional 1,940 shares during the period. Finally, Cary Street Partners Investment Advisory LLC bought a new position in shares of Golub Capital BDC in the 4th quarter worth $151,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Stock Performance

Golub Capital BDC stock opened at $16.05 on Friday. The business has a 50 day moving average of $16.63 and a 200-day moving average of $15.84. The company has a debt-to-equity ratio of 1.26, a current ratio of 6.29 and a quick ratio of 6.29. Golub Capital BDC has a 1 year low of $13.16 and a 1 year high of $17.72. The company has a market capitalization of $2.75 billion, a P/E ratio of 7.91 and a beta of 0.53.

Golub Capital BDC (NASDAQ:GBDCGet Free Report) last released its quarterly earnings results on Monday, May 6th. The investment management company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business had revenue of $164.23 million for the quarter, compared to the consensus estimate of $163.61 million. Golub Capital BDC had a net margin of 53.05% and a return on equity of 13.03%. On average, equities research analysts predict that Golub Capital BDC will post 1.95 earnings per share for the current year.

Golub Capital BDC Dividend Announcement

The business also recently announced a None dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 13th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, June 13th. Golub Capital BDC’s payout ratio is presently 76.85%.

Golub Capital BDC Company Profile

(Get Free Report

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.

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Analyst Recommendations for Golub Capital BDC (NASDAQ:GBDC)

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