Amplius Wealth Advisors LLC Boosts Stock Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Amplius Wealth Advisors LLC boosted its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 4.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,231 shares of the investment management company’s stock after purchasing an additional 2,007 shares during the period. Amplius Wealth Advisors LLC’s holdings in Golub Capital BDC were worth $761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in GBDC. Van ECK Associates Corp raised its stake in Golub Capital BDC by 13.5% in the 3rd quarter. Van ECK Associates Corp now owns 3,988,219 shares of the investment management company’s stock valued at $61,458,000 after acquiring an additional 475,196 shares during the period. Sound Income Strategies LLC grew its stake in Golub Capital BDC by 5.0% in the 3rd quarter. Sound Income Strategies LLC now owns 2,882,861 shares of the investment management company’s stock valued at $43,560,000 after buying an additional 137,813 shares in the last quarter. Northeast Financial Consultants Inc raised its holdings in Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock valued at $40,016,000 after acquiring an additional 544,126 shares during the period. Partners Group Holding AG lifted its position in shares of Golub Capital BDC by 48.2% during the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after acquiring an additional 648,855 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Golub Capital BDC by 1,170.6% in the second quarter. Millennium Management LLC now owns 786,569 shares of the investment management company’s stock worth $12,357,000 after acquiring an additional 724,662 shares during the period. 42.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GBDC shares. StockNews.com raised Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Wells Fargo & Company lowered their price target on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Golub Capital BDC currently has a consensus rating of “Moderate Buy” and an average target price of $16.40.

Golub Capital BDC Trading Up 0.5 %

Shares of GBDC opened at $15.40 on Tuesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.73 and a quick ratio of 4.73. Golub Capital BDC, Inc. has a 1-year low of $14.05 and a 1-year high of $17.72. The company has a market capitalization of $4.07 billion, a P/E ratio of 10.92 and a beta of 0.53. The firm’s 50 day simple moving average is $15.25 and its 200 day simple moving average is $15.17.

Golub Capital BDC Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.13%. The ex-dividend date of this dividend was Monday, December 9th. Golub Capital BDC’s dividend payout ratio is currently 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.