Barings Llc Acquires 49,200 Shares of Barings BDC Inc (BBDC) Stock

Barings BDC Inc (NASDAQ:BBDC) insider Barings Llc bought 49,200 shares of the business’s stock in a transaction dated Wednesday, October 31st. The stock was purchased at an average price of $10.08 per share, for a total transaction of $495,936.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Barings Llc also recently made the following trade(s):

  • On Monday, October 29th, Barings Llc bought 49,200 shares of Barings BDC stock. The stock was purchased at an average price of $10.01 per share, for a total transaction of $492,492.00.
  • On Friday, October 26th, Barings Llc bought 49,969 shares of Barings BDC stock. The stock was purchased at an average price of $10.00 per share, for a total transaction of $499,690.00.
  • On Wednesday, October 24th, Barings Llc bought 47,528 shares of Barings BDC stock. The stock was purchased at an average price of $10.03 per share, for a total transaction of $476,705.84.
  • On Monday, October 22nd, Barings Llc bought 41,110 shares of Barings BDC stock. The stock was purchased at an average price of $10.06 per share, for a total transaction of $413,566.60.
  • On Friday, October 19th, Barings Llc bought 49,700 shares of Barings BDC stock. The stock was purchased at an average price of $10.78 per share, for a total transaction of $535,766.00.
  • On Wednesday, October 17th, Barings Llc bought 49,023 shares of Barings BDC stock. The stock was purchased at an average price of $10.10 per share, for a total transaction of $495,132.30.
  • On Monday, October 15th, Barings Llc bought 66,700 shares of Barings BDC stock. The stock was purchased at an average price of $10.13 per share, for a total transaction of $675,671.00.
  • On Friday, October 12th, Barings Llc bought 71,700 shares of Barings BDC stock. The stock was purchased at an average price of $10.09 per share, for a total transaction of $723,453.00.
  • On Wednesday, October 10th, Barings Llc bought 71,700 shares of Barings BDC stock. The stock was purchased at an average price of $10.12 per share, for a total transaction of $725,604.00.
  • On Monday, October 8th, Barings Llc bought 61,900 shares of Barings BDC stock. The stock was purchased at an average price of $10.17 per share, for a total transaction of $629,523.00.

BBDC stock traded down $0.04 on Wednesday, reaching $9.98. The company’s stock had a trading volume of 427,800 shares, compared to its average volume of 414,134. Barings BDC Inc has a 12-month low of $8.91 and a 12-month high of $12.50.

Barings BDC (NASDAQ:BBDC) last announced its quarterly earnings results on Wednesday, August 1st. The company reported $0.21 EPS for the quarter. The business had revenue of $25.47 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Investors of record on Friday, December 14th will be paid a $0.10 dividend. This is a positive change from Barings BDC’s previous quarterly dividend of $0.03. The ex-dividend date is Thursday, December 13th. This represents a $0.40 dividend on an annualized basis and a yield of 4.01%.

Hedge funds have recently made changes to their positions in the stock. BB&T Corp purchased a new stake in Barings BDC in the third quarter worth $110,000. DAVENPORT & Co LLC purchased a new stake in Barings BDC in the third quarter worth $234,000. TCW Group Inc. purchased a new stake in Barings BDC in the third quarter worth $258,000. Optimum Investment Advisors purchased a new stake in Barings BDC in the third quarter worth $307,000. Finally, Mariner Investment Group LLC purchased a new stake in Barings BDC in the third quarter worth $751,000.

Several brokerages have recently issued reports on BBDC. Raymond James upgraded shares of Barings BDC from an “underperform” rating to an “outperform” rating in a report on Tuesday, September 11th. Zacks Investment Research lowered Barings BDC from a “hold” rating to a “sell” rating in a research note on Wednesday, September 12th.

About Barings BDC

Triangle Capital Corp. engages in the provision of customized financing primarily to lower middle market companies. Its investment objective is to seek returns by generating current income from our debt investments, and capital appreciation from our equity-related investments. Its portfolio includes Aden and Anais, AGM Automotive, All Metals, American Silk, Avantor Performance Materials, and others.

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Insider Buying and Selling by Quarter for Barings BDC (NASDAQ:BBDC)

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