Arcus Capital Partners LLC Buys 1,039 Shares of Golub Capital BDC, Inc. $GBDC

Arcus Capital Partners LLC increased its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2.4% during the 2nd quarter, Holdings Channel reports. The firm owned 45,010 shares of the investment management company’s stock after acquiring an additional 1,039 shares during the period. Arcus Capital Partners LLC’s holdings in Golub Capital BDC were worth $659,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP purchased a new position in Golub Capital BDC in the first quarter worth about $34,000. VSM Wealth Advisory LLC raised its holdings in shares of Golub Capital BDC by 102.0% in the first quarter. VSM Wealth Advisory LLC now owns 2,565 shares of the investment management company’s stock worth $39,000 after buying an additional 1,295 shares during the period. SVB Wealth LLC purchased a new stake in Golub Capital BDC in the first quarter worth $50,000. Hexagon Capital Partners LLC boosted its stake in shares of Golub Capital BDC by 31.6% during the first quarter. Hexagon Capital Partners LLC now owns 3,613 shares of the investment management company’s stock valued at $55,000 after purchasing an additional 868 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of Golub Capital BDC by 794.3% in the first quarter. Blue Trust Inc. now owns 6,001 shares of the investment management company’s stock worth $91,000 after purchasing an additional 5,330 shares during the last quarter. 42.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Golub Capital BDC in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Golub Capital BDC currently has an average rating of “Moderate Buy” and a consensus price target of $15.00.

Golub Capital BDC Trading Up 1.8%

GBDC opened at $13.92 on Friday. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.28. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 9.80 and a beta of 0.48. Golub Capital BDC, Inc. has a 12 month low of $12.68 and a 12 month high of $16.00. The stock has a fifty day moving average price of $14.29 and a 200-day moving average price of $14.54.

Golub Capital BDC (NASDAQ:GBDC) last announced its earnings results on Monday, August 4th. The investment management company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%. The business had revenue of $218.34 million during the quarter, compared to the consensus estimate of $215.47 million. During the same period in the previous year, the company posted $0.39 earnings per share. As a group, equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were paid a dividend of $0.39 per share. The ex-dividend date was Monday, September 15th. This represents a $1.56 dividend on an annualized basis and a yield of 11.2%. Golub Capital BDC’s dividend payout ratio is presently 109.86%.

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.