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

NBT Bank N A NY cut its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 76,287 shares of the investment management company’s stock after selling 2,000 shares during the period. NBT Bank N A NY’s holdings in Golub Capital BDC were worth $1,157,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its holdings in shares of Golub Capital BDC by 6.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 88,294 shares of the investment management company’s stock worth $1,334,000 after buying an additional 5,057 shares during the last quarter. SpiderRock Advisors LLC purchased a new stake in Golub Capital BDC during the 3rd quarter worth $621,000. Atria Investments Inc boosted its position in Golub Capital BDC by 9.3% during the 3rd quarter. Atria Investments Inc now owns 97,163 shares of the investment management company’s stock worth $1,468,000 after purchasing an additional 8,273 shares during the period. GSA Capital Partners LLP boosted its position in Golub Capital BDC by 9.6% during the 3rd quarter. GSA Capital Partners LLP now owns 19,217 shares of the investment management company’s stock worth $290,000 after purchasing an additional 1,685 shares during the period. Finally, First National Trust Co purchased a new stake in Golub Capital BDC during the 3rd quarter worth $3,992,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Golub Capital BDC Stock Performance

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

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 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%. Equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal 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 given a dividend of $0.39 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.56 annualized dividend and a dividend yield of 10.46%. Golub Capital BDC’s payout ratio is 113.04%.

Analyst Ratings Changes

GBDC has been the subject of a number of analyst reports. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Monday. Wells Fargo & Company decreased their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Golub Capital BDC 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.