Golub Capital BDC, Inc. $GBDC Shares Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC raised its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 14,788.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 67,149 shares of the investment management company’s stock after acquiring an additional 66,698 shares during the quarter. Whipplewood Advisors LLC’s holdings in Golub Capital BDC were worth $984,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GBDC. Strs Ohio acquired a new stake in Golub Capital BDC in the first quarter valued at approximately $232,864,000. Northeast Financial Consultants Inc boosted its stake in Golub Capital BDC by 60.4% in the first quarter. Northeast Financial Consultants Inc now owns 4,120,043 shares of the investment management company’s stock valued at $62,377,000 after acquiring an additional 1,552,223 shares in the last quarter. Sigma Investment Counselors Inc. acquired a new stake in Golub Capital BDC in the first quarter valued at approximately $10,935,000. Generali Asset Management SPA SGR boosted its stake in Golub Capital BDC by 39.6% in the second quarter. Generali Asset Management SPA SGR now owns 2,512,705 shares of the investment management company’s stock valued at $36,811,000 after acquiring an additional 712,705 shares in the last quarter. Finally, Allen Investment Management LLC boosted its stake in Golub Capital BDC by 11.9% in the first quarter. Allen Investment Management LLC now owns 4,135,726 shares of the investment management company’s stock valued at $62,615,000 after acquiring an additional 441,050 shares in the last quarter. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Trading Up 0.3%

Shares of Golub Capital BDC stock opened at $14.20 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.37 and a quick ratio of 2.37. The firm has a fifty day moving average price of $14.22 and a 200 day moving average price of $14.55. Golub Capital BDC, Inc. has a 1 year low of $12.68 and a 1 year high of $16.00. The stock has a market cap of $3.78 billion, a PE ratio of 10.00 and a beta of 0.48.

Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results on Monday, August 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $218.34 million during the quarter, compared to analysts’ expectations of $215.47 million. During the same quarter last year, the company posted $0.39 earnings per share. Equities research analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.56 dividend on an annualized basis and a yield of 11.0%. Golub Capital BDC’s payout ratio is presently 109.86%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Golub Capital BDC in a research note on Saturday. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $15.00.

About Golub Capital BDC

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.