Golub Capital BDC, Inc. (NASDAQ:GBDC) Position Lowered by Lindbrook Capital LLC

Lindbrook Capital LLC lessened its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 12.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,040,538 shares of the investment management company’s stock after selling 421,797 shares during the quarter. Golub Capital BDC makes up about 4.2% of Lindbrook Capital LLC’s investment portfolio, making the stock its 5th largest position. Lindbrook Capital LLC owned about 1.15% of Golub Capital BDC worth $46,095,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the stock. Sanctuary Advisors LLC lifted its holdings in shares of Golub Capital BDC by 1.1% in the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company’s stock worth $1,101,000 after buying an additional 769 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in Golub Capital BDC by 36.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 827 shares in the last quarter. Moors & Cabot Inc. raised its stake in Golub Capital BDC by 2.3% during the third quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company’s stock valued at $576,000 after purchasing an additional 875 shares in the last quarter. Mattern Wealth Management LLC raised its stake in Golub Capital BDC by 7.7% during the fourth 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 in the last quarter. Finally, EP Wealth Advisors LLC raised its stake in Golub Capital BDC by 0.9% during the third quarter. EP Wealth Advisors LLC now owns 186,618 shares of the investment management company’s stock valued at $2,820,000 after purchasing an additional 1,617 shares in the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Trading Down 0.1 %

Shares of GBDC opened at $15.06 on Thursday. The company’s fifty day simple moving average is $15.47 and its 200-day simple moving average is $15.26. 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 company has a market cap of $4.00 billion, a P/E ratio of 10.91 and a beta of 0.54. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS 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, analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.36%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC’s payout ratio is presently 113.04%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on GBDC shares. Wells Fargo & Company decreased 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 downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target 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.