BNP Paribas Financial Markets Has $2.10 Million Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

BNP Paribas Financial Markets boosted its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 60.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,198 shares of the investment management company’s stock after buying an additional 52,155 shares during the period. BNP Paribas Financial Markets owned about 0.05% of Golub Capital BDC worth $2,095,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp lifted its holdings in shares of Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock valued at $68,555,000 after acquiring an additional 533,895 shares during the period. Sound Income Strategies LLC lifted its position in Golub Capital BDC by 6.0% during the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company’s stock worth $46,320,000 after buying an additional 172,519 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in 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 buying an additional 701,594 shares in the last quarter. JPMorgan Chase & Co. lifted its position in 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 worth $36,169,000 after buying an additional 49,519 shares in the last quarter. Finally, Arnhold LLC lifted its position in Golub Capital BDC by 2.4% during the 4th quarter. Arnhold LLC now owns 1,412,589 shares of the investment management company’s stock worth $21,415,000 after buying an additional 32,500 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Stock Performance

Golub Capital BDC stock opened at $15.04 on Friday. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. Golub Capital BDC, Inc. has a 1 year low of $12.68 and a 1 year high of $16.76. The company has a market cap of $4.01 billion, a PE ratio of 10.90 and a beta of 0.55. The company’s 50-day moving average is $14.45 and its two-hundred day moving average is $15.04.

Golub Capital BDC (NASDAQ:GBDC) last released its earnings results on Monday, May 5th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. The business had revenue of $211.10 million for the quarter, compared to analyst estimates of $223.89 million. During the same quarter in the previous year, the company posted $0.55 earnings per share. Equities analysts anticipate 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 announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, June 13th. This represents a $1.56 dividend on an annualized basis and a yield of 10.37%. Golub Capital BDC’s payout ratio is presently 138.05%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Golub Capital BDC from $15.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Monday, April 28th. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods reduced their price target 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. Finally, Bank of America reduced their price target on shares of Golub Capital BDC from $16.50 to $15.50 and set a “buy” rating on the stock in a research report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.50.

Golub Capital BDC Company 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.