Golub Capital BDC, Inc. (NASDAQ:GBDC) Stock Position Raised by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lifted its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 12.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 68,886 shares of the investment management company’s stock after buying an additional 7,729 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Golub Capital BDC were worth $1,044,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Van ECK Associates Corp lifted its holdings in shares of Golub Capital BDC by 13.5% in the third quarter. Van ECK Associates Corp now owns 3,988,219 shares of the investment management company’s stock valued at $61,458,000 after purchasing an additional 475,196 shares in the last quarter. Sound Income Strategies LLC boosted its position in Golub Capital BDC by 6.0% during the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company’s stock worth $46,320,000 after acquiring an additional 172,519 shares during the period. Northeast Financial Consultants Inc grew its stake in Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock valued at $40,016,000 after acquiring an additional 544,126 shares in the last quarter. Partners Group Holding AG increased its holdings in shares of Golub Capital BDC by 48.2% in the 3rd quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock valued at $30,139,000 after purchasing an additional 648,855 shares during the period. Finally, Muzinich & Co. Inc. boosted its holdings in shares of Golub Capital BDC by 0.8% during the third quarter. Muzinich & Co. Inc. now owns 656,641 shares of the investment management company’s stock worth $9,922,000 after purchasing an additional 5,264 shares during the period. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Analyst Upgrades and Downgrades

GBDC has been the topic of several research analyst reports. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Wells Fargo & Company lowered their target price on 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. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.38.

Golub Capital BDC Price Performance

NASDAQ GBDC opened at $15.31 on Thursday. The stock has a 50-day simple moving average of $15.30 and a 200 day simple moving average of $15.16. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. The stock has a market capitalization of $4.05 billion, a PE ratio of 10.86 and a beta of 0.54. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data 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 11.86% and a net margin of 37.78%. Research analysts anticipate that Golub Capital BDC, Inc. will post 1.69 EPS for the current year.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.19%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC’s dividend payout ratio (DPR) is presently 113.04%.

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.