Axa S.A. Acquires Shares of 18,138 Golub Capital BDC, Inc. (NASDAQ:GBDC)

Axa S.A. bought a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 18,138 shares of the investment management company’s stock, valued at approximately $275,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Blue Trust Inc. increased its stake in Golub Capital BDC by 413.1% during the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company’s stock worth $36,000 after buying an additional 1,921 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Golub Capital BDC by 36.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock worth $47,000 after acquiring an additional 827 shares during the last quarter. Optiver Holding B.V. increased its position in shares of Golub Capital BDC by 28.7% during the fourth quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company’s stock worth $47,000 after purchasing an additional 688 shares in the last quarter. Hurley Capital LLC acquired a new position in Golub Capital BDC in the 4th quarter valued at $50,000. Finally, Cornerstone Wealth Management LLC purchased a new position in Golub Capital BDC in the 4th quarter valued at $160,000. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GBDC shares. Keefe, Bruyette & Woods dropped their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set an “outperform” rating for the company in a report on Tuesday, April 8th. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Tuesday, May 6th. Finally, Wells Fargo & Company lowered their target price on Golub Capital BDC from $15.00 to $14.00 and set an “equal weight” rating on the stock in a report on Monday, April 28th.

Golub Capital BDC Trading Up 0.8 %

Shares of GBDC opened at $14.49 on Friday. Golub Capital BDC, Inc. has a 12-month low of $12.68 and a 12-month high of $16.89. The firm has a market capitalization of $3.85 billion, a P/E ratio of 10.50 and a beta of 0.55. The firm has a 50-day moving average price of $14.45 and a 200 day moving average price of $15.06. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Monday, May 5th. The investment management company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $211.10 million during the quarter, compared to analysts’ expectations of $223.89 million. Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. During the same period last year, the company earned $0.55 EPS. Sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.77%. The ex-dividend date is Friday, June 13th. Golub Capital BDC’s dividend payout ratio is presently 113.04%.

Golub Capital BDC Company 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.