Wealth Enhancement Advisory Services LLC Buys 3,928 Shares of BARINGS BDC, INC. $BBDC

Wealth Enhancement Advisory Services LLC increased its stake in BARINGS BDC, INC. (NYSE:BBDC) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 156,268 shares of the company’s stock after buying an additional 3,928 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.15% of BARINGS BDC worth $1,450,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Goldman Sachs Group Inc. bought a new stake in BARINGS BDC in the first quarter worth $106,000. BOS Asset Management LLC bought a new stake in shares of BARINGS BDC during the first quarter worth $96,000. Arete Wealth Advisors LLC lifted its position in shares of BARINGS BDC by 7.0% during the first quarter. Arete Wealth Advisors LLC now owns 36,488 shares of the company’s stock worth $348,000 after purchasing an additional 2,384 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of BARINGS BDC during the first quarter worth $216,000. Finally, Advisors Asset Management Inc. lifted its position in shares of BARINGS BDC by 5.7% during the first quarter. Advisors Asset Management Inc. now owns 399,284 shares of the company’s stock worth $3,809,000 after purchasing an additional 21,416 shares during the last quarter. 44.09% of the stock is currently owned by institutional investors.

BARINGS BDC Stock Down 0.5%

NYSE:BBDC opened at $8.78 on Wednesday. BARINGS BDC, INC. has a twelve month low of $7.66 and a twelve month high of $10.85. The company has a market cap of $922.78 million, a price-to-earnings ratio of 9.14 and a beta of 0.73. The stock has a fifty day simple moving average of $9.42 and a 200-day simple moving average of $9.17. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.47.

BARINGS BDC (NYSE:BBDC) last released its earnings results on Thursday, August 7th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.02. BARINGS BDC had a return on equity of 9.76% and a net margin of 35.67%.The business had revenue of $74.40 million during the quarter, compared to the consensus estimate of $66.41 million. During the same period last year, the company earned $0.40 earnings per share. Analysts anticipate that BARINGS BDC, INC. will post 1.13 EPS for the current year.

About BARINGS BDC

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.