Nomura Asset Management Co. Ltd. grew its position in Golub Capital BDC, Inc. (NASDAQ:GBDC – Free Report) by 676.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,027 shares of the investment management company’s stock after buying an additional 13,964 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Golub Capital BDC were worth $243,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Signaturefd LLC grew its position in shares of Golub Capital BDC by 0.7% in the 4th quarter. Signaturefd LLC now owns 106,746 shares of the investment management company’s stock valued at $1,618,000 after purchasing an additional 704 shares during the period. Sanctuary Advisors LLC increased its holdings in Golub Capital BDC by 1.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company’s stock worth $1,101,000 after purchasing an additional 769 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Golub Capital BDC by 36.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock valued at $47,000 after buying an additional 827 shares during the last quarter. Mattern Wealth Management LLC lifted 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 acquiring an additional 1,000 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its position in Golub Capital BDC by 0.9% during 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.
Golub Capital BDC Trading Down 2.2 %
NASDAQ GBDC opened at $14.82 on Friday. Golub Capital BDC, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. The stock has a 50 day moving average of $15.37 and a 200-day moving average of $15.27. The company has a market cap of $3.93 billion, a PE ratio of 10.74 and a beta of 0.50.
Golub Capital BDC Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.39 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.56 annualized dividend and a dividend yield of 10.53%. Golub Capital BDC’s dividend payout ratio is currently 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 equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $16.17.
View Our Latest Report on GBDC
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.
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