D. E. Shaw & Co. Inc. Buys 49,863 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

D. E. Shaw & Co. Inc. increased its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 52.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 144,749 shares of the investment management company’s stock after purchasing an additional 49,863 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.05% of Golub Capital BDC worth $2,194,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC acquired a new position in Golub Capital BDC in the fourth quarter valued at $19,145,000. Bank of America Corp DE lifted its holdings in Golub Capital BDC by 77.8% in the fourth quarter. Bank of America Corp DE now owns 2,213,622 shares of the investment management company’s stock valued at $33,559,000 after buying an additional 968,525 shares during the period. Atria Investments Inc lifted its holdings in Golub Capital BDC by 912.0% in the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company’s stock valued at $14,907,000 after buying an additional 886,123 shares during the period. Sage Mountain Advisors LLC lifted its holdings in Golub Capital BDC by 38.8% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company’s stock valued at $38,043,000 after buying an additional 701,594 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in Golub Capital BDC by 13.4% in 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 buying an additional 533,895 shares during the period. 42.38% of the stock is owned by institutional investors and hedge funds.

Golub Capital BDC Trading Up 0.8%

GBDC opened at $15.18 on Wednesday. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. Golub Capital BDC, Inc. has a fifty-two week low of $12.68 and a fifty-two week high of $16.76. The firm has a market capitalization of $4.04 billion, a PE ratio of 11.00 and a beta of 0.55. The company’s 50-day moving average is $14.48 and its 200 day moving average is $15.04.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Monday, May 5th. The investment management company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. The business had revenue of $211.10 million during the quarter, compared to analyst estimates of $223.89 million. During the same quarter in the prior year, the company earned $0.55 EPS. As a group, research analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $0.39 dividend. The ex-dividend date is Friday, June 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.28%. Golub Capital BDC’s dividend payout ratio is presently 138.05%.

Analyst Ratings Changes

Several equities analysts recently issued reports on GBDC shares. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Tuesday, May 6th. Bank of America dropped their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set a “buy” rating on the stock in a report on Monday, May 12th. Wells Fargo & Company dropped their target price on shares of Golub Capital BDC from $15.00 to $14.00 and set an “equal weight” rating on the stock in a report on Monday, April 28th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Golub Capital BDC from $16.50 to $15.50 and set an “outperform” rating on the stock in a report on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $15.50.

Golub Capital BDC 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.