Quantbot Technologies LP Sells 30,563 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Quantbot Technologies LP decreased its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 90.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,120 shares of the investment management company’s stock after selling 30,563 shares during the period. Quantbot Technologies LP’s holdings in Golub Capital BDC were worth $47,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Hexagon Capital Partners LLC grew its stake in Golub Capital BDC by 171.5% during the third quarter. Hexagon Capital Partners LLC now owns 2,145 shares of the investment management company’s stock valued at $32,000 after acquiring an additional 1,355 shares in the last quarter. Allworth Financial LP boosted its stake in Golub Capital BDC by 135.6% during the third quarter. Allworth Financial LP now owns 2,340 shares of the investment management company’s stock valued at $35,000 after buying an additional 1,347 shares during the period. Cove Street Capital LLC purchased a new position in Golub Capital BDC during the second quarter worth about $39,000. Quarry LP purchased a new stake in shares of Golub Capital BDC in the 2nd quarter valued at about $61,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Golub Capital BDC during the 2nd quarter valued at about $71,000. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have 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 Friday, November 29th. Wells Fargo & Company dropped their target price 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. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.40.

Golub Capital BDC Stock Down 0.7 %

Shares of NASDAQ GBDC opened at $15.46 on Friday. The firm has a market capitalization of $4.09 billion, a PE ratio of 10.96 and a beta of 0.54. Golub Capital BDC, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The company has a current ratio of 4.73, a quick ratio of 4.73 and a debt-to-equity ratio of 1.15. The firm has a fifty day simple moving average of $15.32 and a two-hundred day simple moving average of $15.35.

Golub Capital BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 9th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.09%. The ex-dividend date of this dividend is Monday, December 9th. Golub Capital BDC’s dividend payout ratio (DPR) is presently 110.64%.

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.