5T Wealth LLC Takes $365,000 Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

5T Wealth LLC purchased a new position in Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 24,067 shares of the investment management company’s stock, valued at approximately $365,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Partners Group Holding AG increased its stake 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 purchasing an additional 648,855 shares in the last quarter. Barclays PLC increased its stake in Golub Capital BDC by 45.5% during the 3rd quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock worth $2,873,000 after buying an additional 59,443 shares in the last quarter. Eagle Bay Advisors LLC raised its holdings in shares of Golub Capital BDC by 82.1% during the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock valued at $2,783,000 after acquiring an additional 82,787 shares during the last quarter. BBR Partners LLC purchased a new position in shares of Golub Capital BDC in the third quarter valued at approximately $655,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Golub Capital BDC by 30.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company’s stock worth $1,744,000 after acquiring an additional 26,764 shares during the last quarter. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Stock Up 0.1 %

Shares of GBDC opened at $15.93 on Monday. The company’s 50-day moving average price is $15.32 and its 200 day moving average price is $15.17. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72. The company has a current ratio of 2.94, a quick ratio of 4.73 and a debt-to-equity ratio of 1.22. The firm has a market cap of $4.23 billion, a P/E ratio of 11.54 and a beta of 0.54.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. On average, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.62 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be paid a $0.39 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.79%. Golub Capital BDC’s payout ratio is presently 113.04%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GBDC. StockNews.com lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday. Wells Fargo & Company decreased 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 research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.