M Holdings Securities Inc. Has $78,000 Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

M Holdings Securities Inc. decreased its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 98.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,116 shares of the investment management company’s stock after selling 332,059 shares during the quarter. M Holdings Securities Inc.’s holdings in Golub Capital BDC were worth $78,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Blue Trust Inc. grew its position in shares of 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 during the period. Parkside Financial Bank & Trust grew its holdings in Golub Capital BDC by 36.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 827 shares during the period. Cornerstone Wealth Management LLC acquired a new position in Golub Capital BDC during the fourth quarter valued at approximately $160,000. Oppenheimer & Co. Inc. bought a new stake in Golub Capital BDC in the third quarter valued at approximately $162,000. Finally, Empowered Funds LLC acquired a new stake in Golub Capital BDC in the fourth quarter worth $173,000. 42.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Golub Capital BDC has an average rating of “Moderate Buy” and a consensus price target of $16.38.

Golub Capital BDC Stock Up 0.2 %

Shares of GBDC stock opened at $15.12 on Friday. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. The firm has a fifty day moving average of $15.40 and a 200-day moving average of $15.25. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 10.96 and a beta of 0.50.

Golub Capital BDC (NASDAQ:GBDC) last released its 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 return on equity of 11.18% and a net margin of 39.63%. As a group, equities research analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.32%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC’s dividend payout ratio is presently 113.04%.

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.