CIBC World Markets Inc. trimmed its stake in shares of Golub Capital BDC Inc (NASDAQ:GBDC) by 13.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,846 shares of the investment management company’s stock after selling 3,340 shares during the quarter. CIBC World Markets Inc.’s holdings in Golub Capital BDC were worth $398,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GBDC. Macquarie Group Ltd. acquired a new position in shares of Golub Capital BDC in the 3rd quarter worth approximately $102,000. San Francisco Sentry Investment Group CA acquired a new position in shares of Golub Capital BDC in the 3rd quarter worth approximately $134,000. Global X MANAGEMENT CO LLC boosted its holdings in shares of Golub Capital BDC by 48.4% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 9,981 shares of the investment management company’s stock worth $188,000 after acquiring an additional 3,253 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Golub Capital BDC in the 3rd quarter worth approximately $194,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Golub Capital BDC by 219.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 11,042 shares of the investment management company’s stock worth $210,000 after acquiring an additional 7,584 shares in the last quarter. 40.42% of the stock is currently owned by institutional investors.
Golub Capital BDC Inc (NASDAQ:GBDC) opened at $17.91 on Friday. The company has a market capitalization of $1,070.00, a P/E ratio of 12.27, a PEG ratio of 1.42 and a beta of 0.65. The company has a quick ratio of 3.56, a current ratio of 3.56 and a debt-to-equity ratio of 0.81. Golub Capital BDC Inc has a 1-year low of $17.35 and a 1-year high of $20.50.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 8th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 7.15%. The ex-dividend date of this dividend is Wednesday, March 7th. Golub Capital BDC’s dividend payout ratio is 65.75%.
Several research analysts have recently commented on the company. ValuEngine raised Golub Capital BDC from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Zacks Investment Research downgraded Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, November 23rd. National Securities reissued a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a report on Wednesday, November 22nd. Finally, BidaskClub raised Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, December 22nd. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $19.88.
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Golub Capital BDC Company Profile
Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.
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