Atria Investments Inc Increases Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Atria Investments Inc boosted its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 9.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,163 shares of the investment management company’s stock after buying an additional 8,273 shares during the quarter. Atria Investments Inc owned approximately 0.06% of Golub Capital BDC worth $1,468,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nicholas Hoffman & Company LLC. lifted its stake in Golub Capital BDC by 1.8% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company’s stock valued at $582,000 after buying an additional 664 shares in the last quarter. Neville Rodie & Shaw Inc. lifted its stake in Golub Capital BDC by 1.3% in the 3rd quarter. Neville Rodie & Shaw Inc. now owns 54,557 shares of the investment management company’s stock valued at $824,000 after buying an additional 715 shares in the last quarter. Silvercrest Asset Management Group LLC lifted its stake in Golub Capital BDC by 3.0% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 33,077 shares of the investment management company’s stock valued at $550,000 after buying an additional 970 shares in the last quarter. Wedbush Securities Inc. lifted its stake in Golub Capital BDC by 2.8% in the 2nd quarter. Wedbush Securities Inc. now owns 37,031 shares of the investment management company’s stock valued at $582,000 after buying an additional 1,000 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC lifted its stake in Golub Capital BDC by 2.6% in the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 44,944 shares of the investment management company’s stock valued at $706,000 after buying an additional 1,123 shares in the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Insider Transactions at Golub Capital BDC

In related news, Chairman Lawrence E. Golub purchased 20,000 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average cost of $15.01 per share, for a total transaction of $300,200.00. Following the acquisition, the chairman now owns 1,858,880 shares in the company, valued at approximately $27,901,788.80. This trade represents a 1.09 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought a total of 100,000 shares of company stock worth $1,491,400 in the last ninety days. Insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on GBDC shares. StockNews.com raised Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th. Oppenheimer reiterated an “outperform” rating and issued a $17.00 price target on shares of Golub Capital BDC in a report on Wednesday, August 7th. Wells Fargo & Company boosted their price target on Golub Capital BDC from $15.00 to $15.50 and gave the company an “equal weight” rating in a report on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods cut their price target on Golub Capital BDC from $17.50 to $16.50 and set an “outperform” rating for the company in a report on Wednesday, August 7th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $16.50.

Golub Capital BDC Stock Performance

GBDC stock opened at $15.40 on Friday. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 9.33 and a beta of 0.54. The company has a quick ratio of 5.01, a current ratio of 5.01 and a debt-to-equity ratio of 1.06. The business has a fifty day simple moving average of $15.15 and a 200-day simple moving average of $15.48. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72.

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.