Country Club Bank Acquires Shares of 22,083 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Country Club Bank bought a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 22,083 shares of the investment management company’s stock, valued at approximately $334,000.

A number of other large investors also recently made changes to their positions in the stock. Partners Group Holding AG increased its holdings in Golub Capital BDC by 48.2% in the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock valued at $30,139,000 after purchasing an additional 648,855 shares during the last quarter. LGT Capital Partners LTD. acquired a new position in shares of Golub Capital BDC during the 3rd quarter worth about $8,721,000. Northeast Financial Consultants Inc increased its stake in shares of Golub Capital BDC by 25.9% in 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 last quarter. Van ECK Associates Corp raised its position in shares of 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. Finally, First National Trust Co bought a new position in Golub Capital BDC during the 3rd quarter worth approximately $3,992,000. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Stock Performance

GBDC opened at $15.31 on Thursday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73. The business’s 50-day simple moving average is $15.30 and its 200 day simple moving average is $15.16. The firm has a market capitalization of $4.05 billion, a PE ratio of 10.86 and a beta of 0.54. Golub Capital BDC, Inc. has a 52-week low of $14.05 and a 52-week high of $17.72.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a net margin of 37.78% and a return on equity of 11.86%. As a group, sell-side analysts expect that Golub Capital BDC, Inc. will post 1.69 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be issued a $0.39 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.19%. Golub Capital BDC’s payout ratio is 113.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on GBDC shares. Wells Fargo & Company lowered their target price on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 21st. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Golub Capital BDC has a consensus rating of “Moderate Buy” and an average target price of $16.38.

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.