Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Sold by NBT Bank N A NY

NBT Bank N A NY decreased its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,287 shares of the investment management company’s stock after selling 2,000 shares during the quarter. NBT Bank N A NY’s holdings in Golub Capital BDC were worth $1,157,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Partners Group Holding AG raised its stake in Golub Capital BDC by 48.2% during the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after acquiring an additional 648,855 shares during the period. Barclays PLC raised its stake in Golub Capital BDC by 45.5% during the third quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock worth $2,873,000 after acquiring an additional 59,443 shares during the period. Eagle Bay Advisors LLC raised its stake in Golub Capital BDC by 82.1% during the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock worth $2,783,000 after acquiring an additional 82,787 shares during the period. BBR Partners LLC acquired a new stake in Golub Capital BDC during the third quarter worth about $655,000. Finally, Janney Montgomery Scott LLC raised its stake in Golub Capital BDC by 30.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company’s stock worth $1,744,000 after acquiring an additional 26,764 shares during the period. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Price Performance

NASDAQ GBDC opened at $14.91 on Tuesday. Golub Capital BDC, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. The firm has a market capitalization of $3.96 billion, a PE ratio of 10.80 and a beta of 0.50. The company’s 50 day simple moving average is $15.45 and its 200 day simple moving average is $15.27.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate 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 forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be given a $0.39 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 10.46%. Golub Capital BDC’s dividend payout ratio (DPR) is 113.04%.

Wall Street Analyst Weigh In

GBDC has been the topic of several analyst reports. Wells Fargo & Company dropped 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 research note 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 Monday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.38.

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.