Quadrant Capital Group LLC Increases Stock Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Quadrant Capital Group LLC boosted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2,677.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,195 shares of the investment management company’s stock after purchasing an additional 32,000 shares during the period. Quadrant Capital Group LLC’s holdings in Golub Capital BDC were worth $503,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in shares of Golub Capital BDC by 70.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 60,162 shares of the investment management company’s stock valued at $909,000 after purchasing an additional 24,780 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Golub Capital BDC by 517.9% in the third quarter. BNP Paribas Financial Markets now owns 86,043 shares of the investment management company’s stock valued at $1,300,000 after buying an additional 72,117 shares during the last quarter. Stifel Financial Corp boosted its stake in Golub Capital BDC by 30.1% during the third quarter. Stifel Financial Corp now owns 400,491 shares of the investment management company’s stock worth $6,051,000 after buying an additional 92,712 shares during the period. Kovitz Investment Group Partners LLC purchased a new stake in shares of Golub Capital BDC in the 3rd quarter valued at approximately $1,243,000. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Golub Capital BDC by 0.9% in the 3rd quarter. EP Wealth Advisors LLC now owns 186,618 shares of the investment management company’s stock worth $2,820,000 after acquiring an additional 1,617 shares during the last quarter. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Stock Down 3.7 %

Shares of GBDC opened at $13.38 on Tuesday. The company’s 50-day simple moving average is $15.29 and its 200-day simple moving average is $15.26. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. Golub Capital BDC, Inc. has a 1 year low of $13.16 and a 1 year high of $17.72. The stock has a market capitalization of $3.55 billion, a PE ratio of 9.70 and a beta of 0.33.

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%. Analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 3rd were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 11.66%. Golub Capital BDC’s payout ratio is 113.04%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $16.17.

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.