Serenus Wealth Advisors LLC Purchases New Stake in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Serenus Wealth Advisors LLC purchased a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) in the fourth quarter, Holdings Channel reports. The firm purchased 17,068 shares of the investment management company’s stock, valued at approximately $259,000.

Other institutional investors have also recently bought and sold shares of the company. Nicholas Hoffman & Company LLC. lifted its position in shares of Golub Capital BDC by 1.8% during the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company’s stock worth $582,000 after buying an additional 664 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in Golub Capital BDC by 1.1% during the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company’s stock worth $1,101,000 after acquiring an additional 769 shares during the period. Moors & Cabot Inc. boosted its position in Golub Capital BDC by 2.3% in the third quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company’s stock worth $576,000 after purchasing an additional 875 shares during the last quarter. Mattern Wealth Management LLC grew its stake in Golub Capital BDC by 7.7% in the 4th quarter. Mattern Wealth Management LLC now owns 14,000 shares of the investment management company’s stock valued at $212,000 after purchasing an additional 1,000 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Golub Capital BDC by 3.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,382 shares of the investment management company’s stock valued at $556,000 after purchasing an additional 1,150 shares during the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Stock Up 0.8 %

GBDC stock opened at $15.55 on Friday. The stock has a fifty day moving average of $15.29 and a 200-day moving average of $15.16. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 11.27 and a beta of 0.54. The company has a debt-to-equity ratio of 1.22, a quick ratio of 4.73 and a current ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share 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 1.62 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.39 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 10.03%. Golub Capital BDC’s payout ratio is 113.04%.

Wall Street Analyst Weigh In

GBDC has been the topic of a number of research analyst reports. Wells Fargo & Company cut their price target on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 21st. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Golub Capital BDC presently has an average rating of “Moderate Buy” and a consensus target price of $16.38.

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.